(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 2024-08-21 View latest technical analysis
10 day averaged volume of Shore Bancshares is 72530
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 13.32 | 13.44 | 13.44 | 13.25 | 0.531 times |
| 20 Tue Aug 2024 | 13.35 | 13.53 | 13.53 | 13.30 | 0.615 times |
| 19 Mon Aug 2024 | 13.49 | 13.40 | 13.59 | 13.34 | 1.067 times |
| 16 Fri Aug 2024 | 13.40 | 13.17 | 13.61 | 13.17 | 3.052 times |
| 15 Thu Aug 2024 | 13.17 | 13.10 | 13.39 | 13.08 | 1 times |
| 14 Wed Aug 2024 | 12.77 | 12.82 | 12.85 | 12.67 | 0.579 times |
| 13 Tue Aug 2024 | 12.79 | 12.80 | 13.07 | 12.57 | 0.739 times |
| 12 Mon Aug 2024 | 12.65 | 12.93 | 13.10 | 12.57 | 0.8 times |
| 09 Fri Aug 2024 | 12.86 | 12.89 | 13.17 | 12.73 | 0.71 times |
| 08 Thu Aug 2024 | 12.91 | 13.02 | 13.16 | 12.80 | 0.694 times |
My analysis of stock is bearish for shortterm, and stock might move down till 12.8 or till 12. Use a stoploss of 13.47 and if the stock hits stoploss, then it can shoot up till 14.16
Share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Target | 10.06 |
| Downside Target | 10.31 |
| Downside Target | 11.03 |
| Downside Target | 11.55 |
| Downside Target | 11.84 |
| Downside Target | 12.32 |
| Downside Target | 12.57 |
| Downside Target | 13.15 |
| Upside Target | 13.59 |
| Upside Target | 13.61 |
| Upside Target | 14.63 |
| Upside Target | 14.94 |
| Upside Target | 14.99 |
Intraday share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Intraday Target | 13.18 |
| Downside Intraday Target | 13.05 |
| Upside Intraday Target | 13.52 |
| Upside Intraday Target | 13.73 |
| Upside Intraday Target | 13.39 |
Weekly technical analysis of Shore Bancshares (SHBI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 13.32 | 13.40 | 13.59 | 13.25 | 0.359 times |
| 16 Fri Aug 2024 | 13.40 | 12.93 | 13.61 | 12.57 | 1.343 times |
| 09 Fri Aug 2024 | 12.86 | 12.91 | 13.19 | 12.61 | 0.552 times |
| 02 Fri Aug 2024 | 13.43 | 14.66 | 14.94 | 12.32 | 0.797 times |
| 26 Fri Jul 2024 | 14.64 | 13.31 | 14.99 | 13.15 | 1.307 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 |
| 21 Wed Aug 2024 | 13.32 | 14.47 | 14.63 | 12.32 | 0.504 times |
| 31 Wed Jul 2024 | 14.52 | 11.46 | 14.99 | 11.03 | 1.013 times |
| 28 Fri Jun 2024 | 11.45 | 11.43 | 11.55 | 10.36 | 1.481 times |
| 31 Fri May 2024 | 11.31 | 10.31 | 11.84 | 10.31 | 0.956 times |
Scroll below to view daily charts
Price has moved down 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 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 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 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 SELL signal for Shore Bancshares in short term but the sell signal is initial and weak.
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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shore Bancshares in short term but SELL signal is weak.
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 13.16 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 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 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 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 SELL signal for Shore Bancshares in short term but the sell signal is initial and weak.
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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shore Bancshares in short term but SELL signal is weak.
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 13.16 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.