(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 2024-10-21 View latest technical analysis
10 day averaged volume of Shore Bancshares is 86100
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 14.10 | 14.54 | 14.54 | 14.08 | 0.79 times |
| 18 Fri Oct 2024 | 14.54 | 14.70 | 14.70 | 14.50 | 0.97 times |
| 17 Thu Oct 2024 | 14.70 | 14.50 | 14.74 | 14.45 | 2.597 times |
| 16 Wed Oct 2024 | 14.52 | 14.34 | 14.59 | 14.32 | 1.073 times |
| 15 Tue Oct 2024 | 14.34 | 14.05 | 14.54 | 14.00 | 1.226 times |
| 14 Mon Oct 2024 | 14.04 | 13.86 | 14.16 | 13.75 | 0.654 times |
| 11 Fri Oct 2024 | 13.86 | 13.96 | 14.01 | 13.76 | 0.703 times |
| 10 Thu Oct 2024 | 13.45 | 13.30 | 13.45 | 13.21 | 0.548 times |
| 09 Wed Oct 2024 | 13.39 | 13.30 | 13.55 | 13.30 | 1.071 times |
| 08 Tue Oct 2024 | 13.30 | 13.38 | 13.42 | 13.27 | 0.619 times |
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 14.3 as stoploss in an intra day sell trade for a target of 13.84. However, stock will show a bullish move above 14.3.
Share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Target | 10.36 |
| Downside Target | 11.03 |
| Downside Target | 11.55 |
| Downside Target | 12.32 |
| Downside Target | 13.21 |
| Downside Target | 13.75 |
| Upside Target | 14.43 |
| Upside Target | 14.54 |
| Upside Target | 14.63 |
| Upside Target | 14.74 |
| Upside Target | 14.78 |
| Upside Target | 14.99 |
Intraday share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Intraday Target | 13.94 |
| Downside Intraday Target | 13.78 |
| Upside Intraday Target | 14.4 |
| Upside Intraday Target | 14.7 |
| Upside Intraday Target | 14.24 |
Weekly technical analysis of Shore Bancshares (SHBI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 14.10 | 14.54 | 14.54 | 14.08 | 0.121 times |
| 18 Fri Oct 2024 | 14.54 | 13.86 | 14.74 | 13.75 | 1.874 times |
| 11 Fri Oct 2024 | 13.86 | 13.36 | 14.01 | 13.21 | 1.376 times |
| 04 Fri Oct 2024 | 13.39 | 13.76 | 14.16 | 13.28 | 0.677 times |
| 27 Fri Sep 2024 | 13.76 | 14.33 | 14.43 | 13.75 | 0.541 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 Mon Oct 2024 | 14.10 | 13.98 | 14.74 | 13.21 | 0.717 times |
| 30 Mon Sep 2024 | 13.99 | 14.10 | 14.78 | 13.36 | 0.901 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 |
Scroll below to view daily charts
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)
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 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 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 14.19 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 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 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 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 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 14.19 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.