(SHBI) Shore Bancshares complete technical analysis [charts+indicators] | Buy/Sell Shore Bancshares | (SHBI) share price targets
Complete technical analysis of Shore Bancshares (SHBI) by charts plus indicators, forecast predictions and share price targets for Shore Bancshares (SHBI)
Shore Bancshares trades in USA in Finance sector.
Showing technical analysis as on 2024-04-05 View latest technical analysis
10 day averaged volume of Shore Bancshares is 76300
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Apr 2024 | 10.90 | 10.92 | 11.04 | 10.77 | 1.005 times |
| 04 Thu Apr 2024 | 10.95 | 11.07 | 11.20 | 10.92 | 0.84 times |
| 03 Wed Apr 2024 | 10.90 | 10.93 | 11.01 | 10.87 | 0.6 times |
| 02 Tue Apr 2024 | 10.92 | 11.00 | 11.14 | 10.70 | 2.19 times |
| 01 Mon Apr 2024 | 11.09 | 11.48 | 11.90 | 11.09 | 0.806 times |
| 28 Thu Mar 2024 | 11.50 | 11.38 | 11.64 | 11.26 | 1.066 times |
| 27 Wed Mar 2024 | 11.40 | 11.11 | 11.41 | 11.11 | 1.438 times |
| 26 Tue Mar 2024 | 11.10 | 11.29 | 11.29 | 11.06 | 0.874 times |
| 25 Mon Mar 2024 | 11.17 | 11.21 | 11.44 | 11.07 | 0.55 times |
| 22 Fri Mar 2024 | 11.15 | 11.39 | 11.51 | 11.11 | 0.636 times |
Share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Target | 10.56 |
| Upside Target | 11.51 |
| Upside Target | 11.73 |
| Upside Target | 11.90 |
| Upside Target | 11.99 |
| Upside Target | 12.50 |
| Upside Target | 13.32 |
| Upside Target | 14.38 |
| Upside Target | 14.51 |
Intraday share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Intraday Target | 10.43 |
| Downside Intraday Target | 9.97 |
| Upside Intraday Target | 11.63 |
| Upside Intraday Target | 12.37 |
| Upside Intraday Target | 11.17 |
Weekly technical analysis of Shore Bancshares (SHBI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Apr 2024 | 10.90 | 11.48 | 11.90 | 10.70 | 1.385 times |
| 28 Thu Mar 2024 | 11.50 | 11.21 | 11.64 | 11.06 | 0.823 times |
| 22 Fri Mar 2024 | 11.15 | 10.78 | 11.51 | 10.56 | 0.752 times |
| 15 Fri Mar 2024 | 10.78 | 11.26 | 11.53 | 10.74 | 1.768 times |
| 08 Fri Mar 2024 | 11.33 | 11.25 | 11.73 | 11.04 | 0.681 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 Shore Bancshares (SHBI)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Fri Apr 2024 | 10.90 | 11.48 | 11.90 | 10.70 | 0.273 times |
| 28 Thu Mar 2024 | 11.50 | 11.28 | 11.73 | 10.56 | 0.682 times |
| 29 Thu Feb 2024 | 11.36 | 12.99 | 13.32 | 10.86 | 1.753 times |
| 31 Wed Jan 2024 | 12.94 | 14.20 | 14.38 | 12.50 | 0.649 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 Shore Bancshares (SHBI)
Price action analysis of Shore Bancshares ( (SHBI) ) 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 Shore Bancshares ( (SHBI) ) 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 Shore Bancshares ( (SHBI) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Shore Bancshares ( (SHBI) ) 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 Shore Bancshares stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shore Bancshares in short term and the sell signal is strong.
Shore Bancshares 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 Shore Bancshares in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 11.11 and Shore Bancshares (SHBI) 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 Shore Bancshares (SHBI) stock. Volume based technical analysis of Shore Bancshares (SHBI) stock is negative.
Shore Bancshares 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.
Price action analysis of Shore Bancshares ( (SHBI) ) 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 Shore Bancshares ( (SHBI) ) 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 Shore Bancshares ( (SHBI) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Shore Bancshares ( (SHBI) ) 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 Shore Bancshares stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shore Bancshares in short term and the sell signal is strong.
Shore Bancshares 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 Shore Bancshares in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 11.11 and Shore Bancshares (SHBI) 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 Shore Bancshares (SHBI) stock. Volume based technical analysis of Shore Bancshares (SHBI) stock is negative.
Shore Bancshares 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.