(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.
10 day averaged volume of Shore Bancshares is 81300
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 10.70 | 10.64 | 10.72 | 10.59 | 2 times |
| 01 Wed May 2024 | 10.55 | 10.31 | 10.71 | 10.31 | 1.096 times |
| 30 Tue Apr 2024 | 10.35 | 10.36 | 10.45 | 10.31 | 0.599 times |
| 29 Mon Apr 2024 | 10.43 | 10.55 | 10.63 | 10.41 | 0.608 times |
| 26 Fri Apr 2024 | 10.53 | 10.68 | 10.68 | 10.48 | 0.613 times |
| 25 Thu Apr 2024 | 10.58 | 10.51 | 10.65 | 10.42 | 1.031 times |
| 24 Wed Apr 2024 | 10.67 | 10.55 | 10.79 | 10.55 | 1.112 times |
| 23 Tue Apr 2024 | 10.65 | 10.66 | 10.81 | 10.64 | 0.905 times |
| 22 Mon Apr 2024 | 10.58 | 10.52 | 10.65 | 10.51 | 0.94 times |
| 19 Fri Apr 2024 | 10.43 | 10.12 | 10.50 | 10.12 | 2.028 times |
Stock of Shore Bancshares (SHBI) has showed a significant upmove. This could be a good time to enter in this stock!
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 10.8 as stoploss in an intra day sell trade for a target of 10.51. However, stock will show a bullish move above 10.8.
Share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Target | 10.06 |
| Upside Target | 10.81 |
| Upside Target | 10.86 |
| Upside Target | 11.11 |
| Upside Target | 11.73 |
| Upside Target | 11.90 |
| Upside Target | 12.50 |
| Upside Target | 13.32 |
| Upside Target | 14.38 |
Intraday share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Intraday Target | 10.43 |
| Downside Intraday Target | 10.17 |
| Upside Intraday Target | 10.84 |
| Upside Intraday Target | 10.99 |
| Downside Intraday Target | 10.58 |
Weekly technical analysis of Shore Bancshares (SHBI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 10.70 | 10.55 | 10.72 | 10.31 | 0.935 times |
| 26 Fri Apr 2024 | 10.53 | 10.52 | 10.81 | 10.42 | 0.898 times |
| 19 Fri Apr 2024 | 10.43 | 10.38 | 10.63 | 10.06 | 1.408 times |
| 12 Fri Apr 2024 | 10.36 | 11.04 | 11.11 | 10.23 | 0.713 times |
| 05 Fri Apr 2024 | 10.90 | 11.48 | 11.90 | 10.70 | 1.385 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 |
| 02 Thu May 2024 | 10.70 | 10.31 | 10.72 | 10.31 | 0.157 times |
| 30 Tue Apr 2024 | 10.35 | 11.48 | 11.90 | 10.06 | 1.052 times |
| 28 Thu Mar 2024 | 11.50 | 11.28 | 11.73 | 10.56 | 0.682 times |
| 29 Thu Feb 2024 | 11.36 | 12.99 | 13.32 | 10.86 | 1.753 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Shore Bancshares ( (SHBI) ) based on a mid to longer 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.
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 but the buy signal is initial and weak.
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 red color and prices are in or above the red 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 SELL signal in short term but selling 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 10.56 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 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Shore Bancshares ( (SHBI) ) based on a mid to longer 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.
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 but the buy signal is initial and weak.
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 red color and prices are in or above the red 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 SELL signal in short term but selling 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 10.56 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.