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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 2024-12-12 View latest technical analysis

10 day averaged volume of Shalby is 249882

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	242.24	243.00	247.76	240.26	0.317 times
11 Wed Dec 2024	244.47	245.00	248.70	243.11	0.659 times
10 Tue Dec 2024	246.33	248.70	249.39	245.10	0.313 times
09 Mon Dec 2024	247.70	245.00	251.01	244.26	0.745 times
06 Fri Dec 2024	244.71	240.00	247.38	239.44	0.805 times
05 Thu Dec 2024	242.28	243.00	246.25	238.85	0.764 times
04 Wed Dec 2024	243.37	240.10	248.51	239.15	2.059 times
03 Tue Dec 2024	238.89	234.00	240.95	232.45	1.019 times
02 Mon Dec 2024	232.40	222.73	233.50	221.12	1.949 times
29 Fri Nov 2024	222.73	221.95	225.00	218.15	0.749 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 241.9, but if it comes below 241.9, then a intra day sell could be more profitable.
If you take a sell trade below 241.9, then use 241.9 as stoploss and 228.69 as target. However if you take a buy trade in stock , then use 241.9 as stoploss and 257.7 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
Downside Target	240.26
Upside Target	248.51
Upside Target	248.75
Upside Target	251.01
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	238
Downside Intraday Target	233.75
Upside Intraday Target	248.75
Upside Intraday Target	255.25
Upside Intraday Target	244.5

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	242.24	245.00	251.01	240.26	0.308 times
06 Fri Dec 2024	244.71	222.73	248.51	221.12	1.512 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

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
12 Thu Dec 2024	242.24	222.73	251.01	221.12	0.572 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 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 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 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Shalby in short term and the buy signal is strong.

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 tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Shalby in short term but SELL signal is weak.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 239.46 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.