(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 2024-02-28 View latest technical analysis
10 day averaged volume of Shore Bancshares is 102920
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 11.22 | 11.12 | 11.34 | 11.12 | 0.507 times |
| 27 Tue Feb 2024 | 11.25 | 11.36 | 11.51 | 11.21 | 0.414 times |
| 26 Mon Feb 2024 | 11.21 | 11.33 | 11.54 | 11.16 | 0.916 times |
| 23 Fri Feb 2024 | 11.35 | 11.35 | 11.46 | 11.18 | 0.406 times |
| 22 Thu Feb 2024 | 11.31 | 11.42 | 11.57 | 11.17 | 1.021 times |
| 21 Wed Feb 2024 | 11.44 | 11.51 | 11.76 | 11.40 | 0.574 times |
| 20 Tue Feb 2024 | 11.59 | 11.50 | 11.75 | 11.49 | 0.712 times |
| 16 Fri Feb 2024 | 11.66 | 11.63 | 11.75 | 11.41 | 2.24 times |
| 15 Thu Feb 2024 | 11.72 | 11.38 | 11.78 | 11.38 | 1.036 times |
| 14 Wed Feb 2024 | 11.24 | 11.09 | 11.28 | 11.01 | 0.601 times |
My analysis of stock is bearish for shortterm, and stock might move down till 11 or till 10.5. Use a stoploss of 11.44 and if the stock hits stoploss, then it can shoot up till 11.88
Share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Target | 9.66 |
| Downside Target | 10.11 |
| Downside Target | 10.82 |
| Upside Target | 11.54 |
| Upside Target | 11.99 |
| 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 | 11.05 |
| Downside Intraday Target | 10.87 |
| Upside Intraday Target | 11.47 |
| Upside Intraday Target | 11.71 |
| Upside Intraday Target | 11.29 |
Weekly technical analysis of Shore Bancshares (SHBI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 11.22 | 11.33 | 11.54 | 11.12 | 0.677 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 |
| 28 Wed Feb 2024 | 11.22 | 12.99 | 13.32 | 10.86 | 1.663 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 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 to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining momentum.
MACD generated a BUY signal for Shore Bancshares in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 positive zone. This is a BUY 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 11.46 and Shore Bancshares (SHBI) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining momentum.
MACD generated a BUY signal for Shore Bancshares in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 positive zone. This is a BUY 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 11.46 and Shore Bancshares (SHBI) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.