(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 2024-11-05 View latest technical analysis
10 day averaged volume of Shore Bancshares is 77820
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 14.61 | 14.43 | 14.68 | 14.32 | 1.559 times |
| 04 Mon Nov 2024 | 14.41 | 14.44 | 14.49 | 14.19 | 0.486 times |
| 01 Fri Nov 2024 | 14.45 | 14.65 | 14.74 | 14.38 | 1.258 times |
| 31 Thu Oct 2024 | 14.54 | 14.70 | 14.76 | 14.54 | 0.693 times |
| 30 Wed Oct 2024 | 14.64 | 14.59 | 15.02 | 14.59 | 1.09 times |
| 29 Tue Oct 2024 | 14.61 | 14.62 | 14.74 | 14.55 | 0.934 times |
| 28 Mon Oct 2024 | 14.74 | 14.48 | 15.01 | 14.48 | 1.777 times |
| 25 Fri Oct 2024 | 14.34 | 14.44 | 14.47 | 14.17 | 0.716 times |
| 24 Thu Oct 2024 | 14.44 | 14.44 | 14.52 | 14.25 | 1.699 times |
| 23 Wed Oct 2024 | 14.44 | 14.20 | 14.44 | 14.20 | 0.626 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 14.7 as stoploss in an intra day sell trade for a target of 14.32. However, stock will show a bullish move above 14.7.
Share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Target | 11.03 |
| Downside Target | 12.32 |
| Downside Target | 13.21 |
| Downside Target | 13.75 |
| Upside Target | 14.63 |
| Upside Target | 14.68 |
| Upside Target | 14.74 |
| Upside Target | 14.78 |
| Upside Target | 14.99 |
| Upside Target | 15.02 |
Intraday share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Intraday Target | 14.31 |
| Downside Intraday Target | 14 |
| Upside Intraday Target | 14.8 |
| Upside Intraday Target | 14.98 |
| Downside Intraday Target | 14.49 |
Weekly technical analysis of Shore Bancshares (SHBI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 14.61 | 14.44 | 14.68 | 14.19 | 0.355 times |
| 01 Fri Nov 2024 | 14.45 | 14.48 | 15.02 | 14.38 | 1.241 times |
| 25 Fri Oct 2024 | 14.34 | 14.54 | 14.54 | 14.01 | 0.643 times |
| 18 Fri Oct 2024 | 14.54 | 13.86 | 14.74 | 13.75 | 1.874 times |
| 11 Fri Oct 2024 | 13.86 | 13.36 | 14.01 | 13.21 | 1.376 times |
Price has moved up 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 Tue Nov 2024 | 14.61 | 14.65 | 14.74 | 14.19 | 0.147 times |
| 31 Thu Oct 2024 | 14.54 | 13.98 | 15.02 | 13.21 | 1.133 times |
| 30 Mon Sep 2024 | 13.99 | 14.10 | 14.78 | 13.36 | 0.901 times |
| 30 Fri Aug 2024 | 14.20 | 14.47 | 14.63 | 12.32 | 0.747 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 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 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 to mid 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 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 BUY. Signal strength is Strong and stock is gaining 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Shore Bancshares in short term and BUY signal is strong.
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 14.55 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.
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 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 to mid 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 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 BUY. Signal strength is Strong and stock is gaining 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Shore Bancshares in short term and BUY signal is strong.
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 14.55 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.