Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-02 View latest technical analysis

10 day averaged volume of Shalby is 224005

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	232.40	222.73	233.50	221.12	2.174 times
29 Fri Nov 2024	222.73	221.95	225.00	218.15	0.835 times
28 Thu Nov 2024	221.88	217.16	225.66	217.16	1.047 times
27 Wed Nov 2024	217.35	223.00	223.00	216.74	0.955 times
26 Tue Nov 2024	221.53	225.10	225.44	218.60	1.074 times
25 Mon Nov 2024	224.18	220.50	232.00	218.58	0.955 times
22 Fri Nov 2024	215.33	215.73	217.19	211.04	1.386 times
21 Thu Nov 2024	215.73	213.00	217.95	204.05	1.068 times
19 Tue Nov 2024	213.94	215.15	218.98	211.10	1.398 times
18 Mon Nov 2024	213.00	215.80	217.30	209.00	0.559 times

Stock of Shalby (SHALBY) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 230.5, but if it comes below 230.5, then a intra day sell could be more profitable.
If you take a sell trade below 230.5, then use 230.5 as stoploss and 222.57 as target. However if you take a buy trade in stock , then use 230.5 as stoploss and 240.1 as target.

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	204.05
Downside Target	209.01
Downside Target	216.74
Downside Target	231.60
Upside Target	233.50
Upside Target	239.99
Upside Target	240.39
Upside Target	248.75
Upside Target	268.45
Upside Target	282.50
Upside Target	294.95
Upside Target	297.90

Intraday share price targets for Shalby (SHALBY)

Target Type	Value
Downside Intraday Target	224.51
Downside Intraday Target	216.63
Upside Intraday Target	236.89
Upside Intraday Target	241.39
Downside Intraday Target	229.01

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	232.40	222.73	233.50	221.12	0.447 times
29 Fri Nov 2024	222.73	220.50	232.00	216.74	1.103 times
22 Fri Nov 2024	215.33	215.80	218.98	204.05	1.515 times
14 Thu Nov 2024	215.20	224.00	224.70	209.01	0.644 times
08 Fri Nov 2024	223.78	239.50	239.99	220.81	0.712 times

Price has moved up 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
02 Mon Dec 2024	232.40	222.73	233.50	221.12	0.129 times
29 Fri Nov 2024	222.73	238.80	240.39	204.05	1.234 times
31 Thu Oct 2024	236.20	280.00	282.50	231.60	0.862 times
30 Mon Sep 2024	280.25	271.50	297.90	268.45	0.975 times

Scroll below to view daily charts

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

Indicators analysis of Shalby (SHALBY)

Price action analysis of Shalby ( (SHALBY) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shalby ( (SHALBY) ) based on a short 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.

Price action analysis of Shalby ( (SHALBY) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shalby ( (SHALBY) ) based on a mid to longer 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.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shalby Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shalby in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 220.95 and Shalby (SHALBY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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

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

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