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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 2024-12-18 View latest technical analysis

10 day averaged volume of Shalby is 169521

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	232.96	235.43	238.77	231.05	0.799 times
17 Tue Dec 2024	235.43	239.80	241.34	234.99	0.471 times
16 Mon Dec 2024	239.83	242.15	243.49	238.10	0.496 times
13 Fri Dec 2024	241.38	240.05	243.63	235.11	0.687 times
12 Thu Dec 2024	242.24	243.00	247.76	240.26	0.467 times
11 Wed Dec 2024	244.47	245.00	248.70	243.11	0.972 times
10 Tue Dec 2024	246.33	248.70	249.39	245.10	0.461 times
09 Mon Dec 2024	247.70	245.00	251.01	244.26	1.098 times
06 Fri Dec 2024	244.71	240.00	247.38	239.44	1.187 times
05 Thu Dec 2024	242.28	243.00	246.25	238.85	1.126 times

My analysis of stock is bearish for shortterm, and stock might move down till 222.6 or till 209.5. Use a stoploss of 233.54 and if the stock hits stoploss, then it can shoot up till 244.47

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	204.05
Downside Target	216.74
Downside Target	231.05
Upside Target	240.39
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	228.18
Downside Intraday Target	223.39
Upside Intraday Target	240.62
Upside Intraday Target	248.27
Upside Intraday Target	235.83

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	232.96	242.15	243.49	231.05	0.479 times
13 Fri Dec 2024	241.38	245.00	251.01	235.11	0.379 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

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
18 Wed Dec 2024	232.96	222.73	251.01	221.12	0.682 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 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 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 SELL. 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.

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 red color and prices are below the red 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

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 242.32 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.