(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 2024-11-15 View latest technical analysis
10 day averaged volume of Shore Bancshares is 121530
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Nov 2024 | 16.21 | 16.35 | 16.50 | 16.10 | 0.627 times |
| 14 Thu Nov 2024 | 16.26 | 16.40 | 16.40 | 16.11 | 0.836 times |
| 13 Wed Nov 2024 | 16.25 | 16.57 | 16.63 | 16.24 | 0.884 times |
| 12 Tue Nov 2024 | 16.33 | 16.40 | 16.55 | 16.32 | 0.713 times |
| 11 Mon Nov 2024 | 16.51 | 16.30 | 16.66 | 16.30 | 0.812 times |
| 08 Fri Nov 2024 | 16.10 | 16.05 | 16.22 | 15.92 | 0.537 times |
| 07 Thu Nov 2024 | 15.91 | 16.37 | 16.37 | 15.60 | 1.131 times |
| 06 Wed Nov 2024 | 16.43 | 15.72 | 16.61 | 15.67 | 2.973 times |
| 05 Tue Nov 2024 | 14.61 | 14.43 | 14.68 | 14.32 | 0.998 times |
| 04 Mon Nov 2024 | 14.41 | 14.44 | 14.49 | 14.19 | 0.311 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 16.1, but if it comes below 16.1, then a intra day sell could be more profitable.
If you take a sell trade below 16.1, then use 16.1 as stoploss and 15.18 as target. However if you take a buy trade in stock , then use 16.1 as stoploss and 17.1 as target.
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 |
| Downside Target | 14.78 |
| Downside Target | 14.99 |
| Downside Target | 15.02 |
| Downside Target | 16.10 |
| Upside Target | 16.61 |
| Upside Target | 16.66 |
Intraday share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Intraday Target | 15.99 |
| Downside Intraday Target | 15.76 |
| Upside Intraday Target | 16.55 |
| Upside Intraday Target | 16.88 |
| Upside Intraday Target | 16.32 |
Weekly technical analysis of Shore Bancshares (SHBI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Fri Nov 2024 | 16.21 | 16.30 | 16.66 | 16.10 | 0.651 times |
| 08 Fri Nov 2024 | 16.10 | 14.44 | 16.61 | 14.19 | 1.616 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 |
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 |
| 15 Fri Nov 2024 | 16.21 | 14.65 | 16.66 | 14.19 | 0.737 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Shore Bancshares in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be coming down
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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 16.06 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Shore Bancshares in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be coming down
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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 16.06 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.