(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 2024-09-11 View latest technical analysis
10 day averaged volume of Shore Bancshares is 60399
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed Sep 2024 | 13.78 | 13.70 | 13.81 | 13.36 | 1.255 times |
| 10 Tue Sep 2024 | 13.84 | 13.74 | 13.87 | 13.54 | 1.161 times |
| 09 Mon Sep 2024 | 13.73 | 13.75 | 13.89 | 13.65 | 0.892 times |
| 06 Fri Sep 2024 | 13.73 | 13.99 | 14.06 | 13.65 | 0.866 times |
| 05 Thu Sep 2024 | 13.86 | 14.05 | 14.07 | 13.76 | 0.894 times |
| 04 Wed Sep 2024 | 13.90 | 13.98 | 14.10 | 13.81 | 1.005 times |
| 03 Tue Sep 2024 | 14.05 | 14.10 | 14.28 | 14.03 | 1.015 times |
| 30 Fri Aug 2024 | 14.20 | 14.22 | 14.48 | 14.07 | 1.096 times |
| 30 Fri Aug 2024 | 14.20 | 14.22 | 14.48 | 14.07 | 1.096 times |
| 29 Thu Aug 2024 | 14.15 | 14.32 | 14.35 | 14.10 | 1.131 times |
My analysis of stock is bearish for shortterm, and stock might move down till 13.5 or till 13.1. Use a stoploss of 13.81 and if the stock hits stoploss, then it can shoot up till 14.15
Share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Target | 10.31 |
| Downside Target | 11.03 |
| Downside Target | 11.55 |
| Downside Target | 11.84 |
| Downside Target | 12.32 |
| Downside Target | 13.25 |
| Downside Target | 13.65 |
| Upside Target | 14.28 |
| Upside Target | 14.41 |
| Upside Target | 14.48 |
| Upside Target | 14.63 |
| Upside Target | 14.99 |
Intraday share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Intraday Target | 13.46 |
| Downside Intraday Target | 13.15 |
| Upside Intraday Target | 13.99 |
| Upside Intraday Target | 14.21 |
| Downside Intraday Target | 13.68 |
Weekly technical analysis of Shore Bancshares (SHBI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed Sep 2024 | 13.78 | 13.75 | 13.89 | 13.36 | 0.875 times |
| 06 Fri Sep 2024 | 13.73 | 14.10 | 14.28 | 13.65 | 3.448 times |
| 30 Fri Aug 2024 | 14.20 | 14.22 | 14.48 | 14.07 | 0.195 times |
| 30 Fri Aug 2024 | 14.20 | 14.24 | 14.48 | 14.00 | 1.076 times |
| 23 Fri Aug 2024 | 14.12 | 13.40 | 14.41 | 13.25 | 0.704 times |
Price has moved up 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 |
| 11 Wed Sep 2024 | 13.78 | 14.10 | 14.28 | 13.36 | 0.25 times |
| 30 Fri Aug 2024 | 14.20 | 14.47 | 14.63 | 12.32 | 0.747 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 |
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 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 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 13.95 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 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 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 13.95 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.