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(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, 1Buy
Stochastics 69None
CCI -23Sell
RSI 52Buy
OBV -497800Sell
VWAP 15Sell
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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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