(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 2024-11-06 View latest technical analysis
10 day averaged volume of Shore Bancshares is 84330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 16.43 | 15.72 | 16.61 | 15.67 | 4.284 times |
| 05 Tue Nov 2024 | 14.61 | 14.43 | 14.68 | 14.32 | 1.438 times |
| 04 Mon Nov 2024 | 14.41 | 14.44 | 14.49 | 14.19 | 0.448 times |
| 01 Fri Nov 2024 | 14.45 | 14.65 | 14.74 | 14.38 | 1.161 times |
| 31 Thu Oct 2024 | 14.54 | 14.70 | 14.76 | 14.54 | 0.639 times |
| 30 Wed Oct 2024 | 14.64 | 14.59 | 15.02 | 14.59 | 1.006 times |
| 29 Tue Oct 2024 | 14.61 | 14.62 | 14.74 | 14.55 | 0.862 times |
| 28 Mon Oct 2024 | 14.74 | 14.48 | 15.01 | 14.48 | 1.64 times |
| 25 Fri Oct 2024 | 14.34 | 14.44 | 14.47 | 14.17 | 0.661 times |
| 24 Thu Oct 2024 | 14.44 | 14.44 | 14.52 | 14.25 | 1.568 times |
Stock of Shore Bancshares (SHBI) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 15.7, for a target of 15 or 14.48
Share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Target | 11.03 |
| Downside Target | 12.32 |
| Downside Target | 13.21 |
| Downside Target | 13.75 |
| Downside Target | 14.63 |
| Downside Target | 14.74 |
| Downside Target | 14.78 |
| Downside Target | 14.99 |
| Downside Target | 15.02 |
| Upside Target | 16.61 |
Intraday share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Intraday Target | 14.88 |
| Downside Intraday Target | 13.32 |
| Upside Intraday Target | 17.3 |
| Upside Intraday Target | 18.16 |
| Downside Intraday Target | 15.74 |
Weekly technical analysis of Shore Bancshares (SHBI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 16.43 | 14.44 | 16.61 | 14.19 | 1.163 times |
| 01 Fri Nov 2024 | 14.45 | 14.48 | 15.02 | 14.38 | 1.241 times |
| 25 Fri Oct 2024 | 14.34 | 14.54 | 14.54 | 14.01 | 0.643 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 |
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 |
| 06 Wed Nov 2024 | 16.43 | 14.65 | 16.61 | 14.19 | 0.353 times |
| 31 Thu Oct 2024 | 14.54 | 13.98 | 15.02 | 13.21 | 1.133 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 |
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 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 short 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Shore Bancshares stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Shore Bancshares in short term and the buy signal is strong.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Shore Bancshares in short term and BUY 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
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 15.14 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 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 short 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Shore Bancshares stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Shore Bancshares in short term and the buy signal is strong.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Shore Bancshares in short term and BUY 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
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 15.14 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.