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(SHALBY) Shalby complete technical analysis [charts+indicators] | Buy/Sell Shalby | (SHALBY) share price targets

Complete technical analysis of Shalby (SHALBY) by charts plus indicators, forecast predictions and share price targets for Shalby (SHALBY)

Showing technical analysis as on 2024-07-23 View latest technical analysis

10 day averaged volume of Shalby is 1035022

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	275.10	280.00	280.90	269.00	0.255 times
22 Mon Jul 2024	279.30	281.05	292.95	278.00	0.702 times
19 Fri Jul 2024	283.75	290.10	291.45	277.65	0.966 times
18 Thu Jul 2024	291.45	300.80	301.60	287.60	1.033 times
16 Tue Jul 2024	299.45	286.95	301.65	282.80	1.963 times
15 Mon Jul 2024	284.40	285.00	289.65	281.30	1.259 times
12 Fri Jul 2024	287.90	296.55	297.85	287.10	0.192 times
11 Thu Jul 2024	296.50	292.00	304.00	291.05	0.761 times
10 Wed Jul 2024	285.30	295.70	296.45	283.25	0.378 times
09 Tue Jul 2024	294.20	296.75	299.70	291.10	0.382 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 271.6 as stoploss in an intra day buy trade for a target of 283.19. However, stock will show a bearish move below 271.6.

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	210.35
Downside Target	227.10
Downside Target	240.00
Downside Target	255.00
Downside Target	265.05
Upside Target	275.85
Upside Target	291.95
Upside Target	292.95
Upside Target	294.00
Upside Target	301.65
Upside Target	314.00
Upside Target	325.00

Intraday share price targets for Shalby (SHALBY)

Target Type	Value
Downside Intraday Target	265.08
Downside Intraday Target	255.07
Upside Intraday Target	289.03
Upside Intraday Target	302.97
Upside Intraday Target	279.02

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	275.10	281.05	292.95	269.00	0.183 times
19 Fri Jul 2024	283.75	285.00	301.65	277.65	1.281 times
12 Fri Jul 2024	287.90	316.05	325.00	283.25	1.316 times
05 Fri Jul 2024	310.50	268.15	314.00	267.40	6.454 times
28 Fri Jun 2024	266.80	273.60	279.95	265.05	0.906 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Shalby (SHALBY)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	275.10	268.15	325.00	267.40	4.31 times
28 Fri Jun 2024	266.80	261.95	291.95	227.10	0.975 times
31 Fri May 2024	258.20	278.70	284.95	255.00	0.638 times
30 Tue Apr 2024	277.30	240.25	294.00	240.00	0.947 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Shalby (SHALBY)

Price action analysis of Shalby ( (SHALBY) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Shalby ( (SHALBY) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shalby ( (SHALBY) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Shalby stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shalby in short term but the sell signal is initial and weak.

Shalby Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shalby in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Shalby is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 290 and Shalby (SHALBY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Shalby (SHALBY) stock. Volume based technical analysis of Shalby (SHALBY) stock is negative.

Shalby Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.