(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 2024-11-26 View latest technical analysis
10 day averaged volume of Shore Bancshares is 89620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 16.48 | 16.69 | 16.72 | 16.44 | 0.95 times |
| 26 Tue Nov 2024 | 16.48 | 16.69 | 16.72 | 16.44 | 0.95 times |
| 25 Mon Nov 2024 | 16.63 | 16.77 | 17.03 | 16.63 | 1.154 times |
| 22 Fri Nov 2024 | 16.55 | 16.27 | 16.57 | 16.17 | 0.928 times |
| 21 Thu Nov 2024 | 16.17 | 16.17 | 16.43 | 16.08 | 0.596 times |
| 20 Wed Nov 2024 | 16.01 | 16.03 | 16.14 | 15.85 | 0.734 times |
| 19 Tue Nov 2024 | 16.08 | 15.90 | 16.12 | 15.10 | 1.263 times |
| 18 Mon Nov 2024 | 16.06 | 16.21 | 16.34 | 16.03 | 1.193 times |
| 15 Fri Nov 2024 | 16.21 | 16.35 | 16.50 | 16.10 | 0.85 times |
| 14 Thu Nov 2024 | 16.26 | 16.40 | 16.40 | 16.11 | 1.134 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 16.7 as stoploss in an intra day sell trade for a target of 15.92. However, stock will show a bullish move above 16.7.
Share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Target | 11.03 |
| Downside Target | 12.32 |
| Downside Target | 13.21 |
| Downside Target | 14.19 |
| Downside Target | 14.63 |
| Downside Target | 16.10 |
| Downside Target | 16.44 |
| Upside Target | 16.57 |
| Upside Target | 16.61 |
| Upside Target | 16.66 |
| Upside Target | 16.72 |
| Upside Target | 17.03 |
Intraday share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Intraday Target | 16.37 |
| Downside Intraday Target | 16.27 |
| Upside Intraday Target | 16.65 |
| Upside Intraday Target | 16.83 |
| Upside Intraday Target | 16.55 |
Weekly technical analysis of Shore Bancshares (SHBI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 16.48 | 16.69 | 16.72 | 16.44 | 0.451 times |
| 26 Tue Nov 2024 | 16.48 | 16.77 | 17.03 | 16.44 | 0.446 times |
| 22 Fri Nov 2024 | 16.55 | 16.21 | 16.57 | 15.10 | 0.898 times |
| 15 Fri Nov 2024 | 16.21 | 16.30 | 16.66 | 16.10 | 0.651 times |
| 08 Fri Nov 2024 | 16.10 | 14.44 | 16.61 | 14.19 | 1.616 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 |
| 26 Tue Nov 2024 | 16.48 | 14.65 | 17.03 | 14.19 | 1.135 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 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 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 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 above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shore Bancshares in short term
RSI is generating a BUY signal in short term but buying 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 16.3 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 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 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 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 above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shore Bancshares in short term
RSI is generating a BUY signal in short term but buying 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 16.3 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.