(SHBI) Shore Bancshares ForceIndex charts technical analysis
(SHBI) Shore Bancshares ForceIndex charts technical analysis ForceIndex analysis of Shore Bancshares | Buy/Sell Shore Bancshares
Shore Bancshares trades in USA in Finance sector.
10 day averaged volume of Shore Bancshares is 82100
Date | Closing Price | Open | High | Low | Volume |
15 Wed May 2024 | 11.15 | 11.07 | 11.17 | 11.06 | 0.04 Mn |
14 Tue May 2024 | 11.08 | 11.23 | 11.32 | 11.06 | 0.05 Mn |
13 Mon May 2024 | 11.09 | 11.27 | 11.35 | 11.05 | 0.108 Mn |
10 Fri May 2024 | 11.21 | 11.25 | 11.28 | 11.10 | 0.064 Mn |
09 Thu May 2024 | 11.17 | 11.16 | 11.25 | 11.16 | 0.079 Mn |
08 Wed May 2024 | 11.16 | 11.01 | 11.18 | 11.01 | 0.05 Mn |
07 Tue May 2024 | 11.10 | 11.29 | 11.32 | 11.10 | 0.079 Mn |
06 Mon May 2024 | 11.15 | 11.21 | 11.31 | 11.11 | 0.061 Mn |
03 Fri May 2024 | 11.21 | 10.75 | 11.29 | 10.75 | 0.079 Mn |
02 Thu May 2024 | 10.70 | 10.64 | 10.72 | 10.59 | 0.163 Mn |
Indicators analysis of Shore Bancshares (SHBI)
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
ForceIndex charts
Price action analysis of Shore Bancshares ( (SHBI) ) 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 Shore Bancshares ( (SHBI) ) 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 Shore Bancshares ( (SHBI) ) 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 Shore Bancshares ( (SHBI) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Shore Bancshares stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Shore Bancshares 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.
Shore Bancshares 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 moving up
CCI has generated a SELL signal for Shore Bancshares in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 Shore Bancshares is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.05 and Shore Bancshares (SHBI) 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 Shore Bancshares (SHBI) stock. Volume based technical analysis of Shore Bancshares (SHBI) stock is negative.
Shore Bancshares Stock is giving positive 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.