(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 2024-09-04 View latest technical analysis
10 day averaged volume of Shore Bancshares is 65911
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 13.90 | 13.98 | 14.10 | 13.81 | 0.921 times |
| 03 Tue Sep 2024 | 14.05 | 14.10 | 14.28 | 14.03 | 0.93 times |
| 30 Fri Aug 2024 | 14.20 | 14.22 | 14.48 | 14.07 | 1.004 times |
| 30 Fri Aug 2024 | 14.20 | 14.22 | 14.48 | 14.07 | 1.004 times |
| 29 Thu Aug 2024 | 14.15 | 14.32 | 14.35 | 14.10 | 1.036 times |
| 28 Wed Aug 2024 | 14.16 | 14.24 | 14.38 | 14.03 | 0.774 times |
| 27 Tue Aug 2024 | 14.16 | 14.14 | 14.25 | 14.00 | 0.815 times |
| 26 Mon Aug 2024 | 14.21 | 14.24 | 14.32 | 14.10 | 1.51 times |
| 23 Fri Aug 2024 | 14.12 | 13.48 | 14.41 | 13.33 | 1.367 times |
| 22 Thu Aug 2024 | 13.34 | 13.37 | 13.45 | 13.25 | 0.976 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 14.1 as stoploss in an intra day sell trade for a target of 13.56. However, stock will show a bullish move above 14.1.
Share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Target | 10.31 |
| Downside Target | 11.03 |
| Downside Target | 11.55 |
| Downside Target | 11.84 |
| Downside Target | 12.32 |
| Downside Target | 12.57 |
| Downside Target | 13.25 |
| Downside Target | 13.61 |
| Upside Target | 14.28 |
| Upside Target | 14.41 |
| Upside Target | 14.48 |
| Upside Target | 14.63 |
| Upside Target | 14.99 |
Intraday share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Intraday Target | 13.71 |
| Downside Intraday Target | 13.53 |
| Upside Intraday Target | 14.18 |
| Upside Intraday Target | 14.47 |
| Upside Intraday Target | 14 |
Weekly technical analysis of Shore Bancshares (SHBI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 13.90 | 14.10 | 14.28 | 13.81 | 1.843 times |
| 30 Fri Aug 2024 | 14.20 | 14.22 | 14.48 | 14.07 | 0.195 times |
| 30 Fri Aug 2024 | 14.20 | 14.24 | 14.48 | 14.00 | 1.076 times |
| 23 Fri Aug 2024 | 14.12 | 13.40 | 14.41 | 13.25 | 0.704 times |
| 16 Fri Aug 2024 | 13.40 | 12.93 | 13.61 | 12.57 | 1.343 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Shore Bancshares (SHBI)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 13.90 | 14.10 | 14.28 | 13.81 | 0.071 times |
| 30 Fri Aug 2024 | 14.20 | 14.47 | 14.63 | 12.32 | 0.747 times |
| 31 Wed Jul 2024 | 14.52 | 11.46 | 14.99 | 11.03 | 1.013 times |
| 28 Fri Jun 2024 | 11.45 | 11.43 | 11.55 | 10.36 | 1.481 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 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 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 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 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.
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 but the sell signal is initial and weak.
Shore Bancshares Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Shore Bancshares is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 14.06 and Shore Bancshares (SHBI) stock is trading below this level. This means that stock is falling with high volumes. 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.
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 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 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 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.
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 but the sell signal is initial and weak.
Shore Bancshares Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Shore Bancshares is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 14.06 and Shore Bancshares (SHBI) stock is trading below this level. This means that stock is falling with high volumes. 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.