(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)
10 day averaged volume of Shalby is 7415
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon May 2022 | 106.95 | 108.50 | 109.35 | 106.90 | 1.364 times |
| 20 Fri May 2022 | 108.30 | 108.85 | 110.40 | 107.60 | 0.311 times |
| 19 Thu May 2022 | 106.50 | 105.85 | 109.55 | 105.65 | 0.609 times |
| 18 Wed May 2022 | 108.75 | 110.00 | 113.00 | 108.10 | 0.755 times |
| 17 Tue May 2022 | 109.75 | 107.75 | 112.00 | 107.65 | 0.464 times |
| 16 Mon May 2022 | 105.15 | 107.80 | 110.25 | 104.00 | 2.261 times |
| 13 Fri May 2022 | 107.15 | 108.10 | 109.35 | 106.00 | 0.849 times |
| 12 Thu May 2022 | 104.50 | 108.05 | 108.05 | 103.65 | 0.458 times |
| 11 Wed May 2022 | 109.10 | 116.50 | 116.50 | 107.40 | 3.015 times |
| 10 Tue May 2022 | 114.75 | 115.15 | 118.35 | 113.70 | 0.655 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 107, but if it comes above 107, then a intra day buy could be more profitable.
If you take a sell trade below 107, then use 107 as stoploss and 96.2 as target. However if you take a buy trade in stock , then use 107 as stoploss and 115.95 as target.
Share price targets for Shalby (Shalby)
| Target Type | Value |
| Downside Target | 103.65 |
| Downside Target | 106.90 |
| Upside Target | 109.35 |
| Upside Target | 112.40 |
| Upside Target | 124.65 |
| Upside Target | 126.90 |
| Upside Target | 132.95 |
| Upside Target | 134.10 |
| Upside Target | 134.40 |
| Upside Target | 138.90 |
| Upside Target | 147.50 |
| Upside Target | 155.00 |
Intraday share price targets for Shalby (Shalby)
| Target Type | Value |
| Downside Intraday Target | 106.12 |
| Downside Intraday Target | 105.28 |
| Upside Intraday Target | 108.57 |
| Upside Intraday Target | 110.18 |
| Upside Intraday Target | 107.73 |
Weekly technical analysis of Shalby (Shalby)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon May 2022 | 106.95 | 108.50 | 109.35 | 106.90 | 0.31 times |
| 20 Fri May 2022 | 108.30 | 107.80 | 113.00 | 104.00 | 0.786 times |
| 13 Fri May 2022 | 107.15 | 116.00 | 118.35 | 103.65 | 0.753 times |
| 06 Fri May 2022 | 116.05 | 126.00 | 126.90 | 115.00 | 1.109 times |
| 29 Fri Apr 2022 | 125.55 | 130.70 | 134.40 | 124.65 | 0.514 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 Mon May 2022 | 106.95 | 126.00 | 126.90 | 103.65 | 0.517 times |
| 29 Fri Apr 2022 | 125.55 | 116.80 | 138.90 | 116.80 | 0.874 times |
| 31 Thu Mar 2022 | 116.80 | 122.50 | 132.95 | 112.90 | 1.245 times |
| 28 Mon Feb 2022 | 124.45 | 144.35 | 147.50 | 112.40 | 0.668 times |
Scroll below to view daily charts
Price has moved down 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 12, 28, 40 | Sell |
| MACD | -10, -9 | Sell |
| Stochastics | 24 | Sell |
| CCI | -38 | Sell |
| RSI | 57 | Buy |
| OBV | -177439 | Sell |
| VWAP | 108 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Shalby ( (Shalby) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Shalby in short term and the sell 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 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 in or above 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 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 107.82 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for further forecast and predictions for tomorrow