(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 2024-02-26 View latest technical analysis
10 day averaged volume of Shore Bancshares is 107760
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 11.21 | 11.33 | 11.54 | 11.16 | 0.875 times |
| 23 Fri Feb 2024 | 11.35 | 11.35 | 11.46 | 11.18 | 0.388 times |
| 22 Thu Feb 2024 | 11.31 | 11.42 | 11.57 | 11.17 | 0.975 times |
| 21 Wed Feb 2024 | 11.44 | 11.51 | 11.76 | 11.40 | 0.548 times |
| 20 Tue Feb 2024 | 11.59 | 11.50 | 11.75 | 11.49 | 0.68 times |
| 16 Fri Feb 2024 | 11.66 | 11.63 | 11.75 | 11.41 | 2.139 times |
| 15 Thu Feb 2024 | 11.72 | 11.38 | 11.78 | 11.38 | 0.989 times |
| 14 Wed Feb 2024 | 11.24 | 11.09 | 11.28 | 11.01 | 0.574 times |
| 13 Tue Feb 2024 | 11.04 | 11.31 | 11.46 | 10.91 | 1.986 times |
| 12 Mon Feb 2024 | 11.56 | 11.21 | 11.63 | 11.21 | 1.032 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 10.9 as stoploss in an intra day buy trade for a target of 11.69. However, stock will show a bearish move below 10.9.
Share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Target | 9.66 |
| Downside Target | 10.11 |
| Downside Target | 10.82 |
| Downside Target | 11.16 |
| Upside Target | 11.54 |
| Upside Target | 12.28 |
| Upside Target | 12.32 |
| Upside Target | 12.50 |
| Upside Target | 13.32 |
| Upside Target | 13.90 |
| Upside Target | 14.38 |
| Upside Target | 14.51 |
Intraday share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Intraday Target | 11.07 |
| Downside Intraday Target | 10.92 |
| Upside Intraday Target | 11.45 |
| Upside Intraday Target | 11.68 |
| Upside Intraday Target | 11.3 |
Weekly technical analysis of Shore Bancshares (SHBI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 11.21 | 11.33 | 11.54 | 11.16 | 0.338 times |
| 23 Fri Feb 2024 | 11.35 | 11.50 | 11.76 | 11.17 | 0.386 times |
| 16 Fri Feb 2024 | 11.66 | 11.21 | 11.78 | 10.91 | 1.026 times |
| 09 Fri Feb 2024 | 11.26 | 11.40 | 12.28 | 10.86 | 1.811 times |
| 02 Fri Feb 2024 | 11.56 | 13.70 | 13.90 | 11.55 | 1.775 times |
Price has moved down 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 |
| 26 Mon Feb 2024 | 11.21 | 12.99 | 13.32 | 10.86 | 1.589 times |
| 31 Wed Jan 2024 | 12.94 | 14.20 | 14.38 | 12.50 | 0.649 times |
| 29 Fri Dec 2023 | 14.25 | 11.99 | 14.51 | 11.99 | 1.741 times |
| 30 Thu Nov 2023 | 11.94 | 10.21 | 12.32 | 10.11 | 0.796 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Shore Bancshares ( (SHBI) ) based on a mid to longer 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.
ADX buy sell signal for Shore Bancshares stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Shore Bancshares in short term but the buy 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 red color and prices are below 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 SELL signal in short term but selling 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 11.41 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 has given negative returns over a short term period. Returns for a longer term period have been negative.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Shore Bancshares ( (SHBI) ) based on a mid to longer 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.
ADX buy sell signal for Shore Bancshares stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Shore Bancshares in short term but the buy 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 red color and prices are below 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 SELL signal in short term but selling 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 11.41 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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.