(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.
10 day averaged volume of Shore Bancshares is 28030
Date | Daily Closing Price | Open | High | Low | Volume |
04 Thu Mar 2021 | 15.33 | 15.51 | 15.53 | 14.85 | 19.426 times |
03 Wed Mar 2021 | 16.23 | 15.63 | 16.60 | 15.63 | 1.17 times |
02 Tue Mar 2021 | 15.64 | 15.44 | 15.96 | 15.32 | 1.12 times |
02 Tue Mar 2021 | 15.64 | 15.44 | 15.96 | 15.32 | 1.12 times |
01 Mon Mar 2021 | 15.43 | 15.38 | 15.67 | 15.35 | 0.592 times |
26 Fri Feb 2021 | 15.30 | 15.24 | 15.38 | 15.15 | 1.052 times |
25 Thu Feb 2021 | 15.40 | 15.48 | 15.49 | 15.01 | 2.158 times |
24 Wed Feb 2021 | 15.50 | 14.78 | 15.50 | 14.78 | 0.631 times |
23 Tue Feb 2021 | 14.77 | 14.75 | 15.12 | 14.57 | 0.696 times |
22 Mon Feb 2021 | 14.72 | 14.40 | 14.75 | 14.40 | 0.831 times |
Stock of Shore Bancshares (SHBI) has showed a significant fall. This could be a good time to exit from this stock.
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 15.5 as stoploss in an intra day sell trade for a target of 15.02. However, stock will show a bullish move above 15.5.
Share price targets for Shore Bancshares (SHBI)
Target Type | Value |
Downside Target | 10.57 |
Downside Target | 12.99 |
Downside Target | 13.87 |
Downside Target | 14.30 |
Downside Target | 14.85 |
Downside Target | 15.32 |
Upside Target | 15.50 |
Upside Target | 15.57 |
Upside Target | 15.96 |
Upside Target | 16.60 |
Intraday share price targets for Shore Bancshares (SHBI)
Target Type | Value |
Downside Intraday Target | 14.59 |
Downside Intraday Target | 13.84 |
Upside Intraday Target | 16.34 |
Upside Intraday Target | 17.34 |
Upside Intraday Target | 15.59 |
Weekly technical analysis of Shore Bancshares (SHBI)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Thu Mar 2021 | 15.33 | 15.44 | 16.60 | 14.85 | 12.681 times |
02 Tue Mar 2021 | 15.64 | 15.38 | 15.96 | 15.32 | 0.319 times |
26 Fri Feb 2021 | 15.30 | 14.40 | 15.50 | 14.40 | 1.194 times |
19 Fri Feb 2021 | 14.48 | 14.64 | 15.00 | 14.30 | 1.069 times |
12 Fri Feb 2021 | 14.42 | 14.59 | 14.99 | 14.30 | 1.126 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 Thu Mar 2021 | 15.33 | 15.38 | 16.60 | 14.85 | 1.316 times |
26 Fri Feb 2021 | 15.30 | 13.25 | 15.50 | 12.99 | 0.979 times |
29 Fri Jan 2021 | 13.25 | 14.56 | 15.57 | 13.15 | 0.738 times |
31 Thu Dec 2020 | 14.60 | 14.04 | 15.12 | 13.87 | 1.623 times |
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)
Indicator Name | Indicator Value | Indicator Signal |
ADX | 28, 20, 17 | Buy |
MACD | 1, 1 | Buy |
Stochastics | 69 | None |
CCI | -23 | Sell |
RSI | 52 | Buy |
OBV | -497800 | Sell |
VWAP | 15 | Sell |
ADL | 0 | Sell |
ROC | 6 | Buy |
Force Index | 0 | Sell |
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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Shore Bancshares in short term and the buy signal is strong.
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 red color and prices are in or above 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 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 15.37 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 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.
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