(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 62440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 10.43 | 10.12 | 10.50 | 10.12 | 2.641 times |
| 18 Thu Apr 2024 | 10.16 | 10.09 | 10.19 | 10.09 | 1.392 times |
| 17 Wed Apr 2024 | 10.08 | 10.29 | 10.35 | 10.06 | 0.959 times |
| 16 Tue Apr 2024 | 10.17 | 10.31 | 10.31 | 10.15 | 1.102 times |
| 15 Mon Apr 2024 | 10.31 | 10.38 | 10.63 | 10.22 | 0.58 times |
| 12 Fri Apr 2024 | 10.36 | 10.27 | 10.51 | 10.23 | 0.585 times |
| 11 Thu Apr 2024 | 10.34 | 10.49 | 10.49 | 10.26 | 1.033 times |
| 10 Wed Apr 2024 | 10.40 | 10.80 | 10.80 | 10.26 | 1.84 times |
| 09 Tue Apr 2024 | 11.01 | 11.06 | 11.11 | 10.93 | 0.634 times |
| 08 Mon Apr 2024 | 10.96 | 11.04 | 11.06 | 10.93 | 0.647 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 bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 10.3 as stoploss in an intra day buy trade for a target of 10.77. However, stock will show a bearish move below 10.3.
Share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Target | 10.06 |
| Upside Target | 10.56 |
| Upside Target | 11.51 |
| Upside Target | 11.73 |
| Upside Target | 11.90 |
| Upside Target | 11.99 |
| Upside Target | 12.50 |
| Upside Target | 13.32 |
| Upside Target | 14.38 |
| Upside Target | 14.51 |
Intraday share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Intraday Target | 10.12 |
| Downside Intraday Target | 9.8 |
| Upside Intraday Target | 10.69 |
| Upside Intraday Target | 10.94 |
| Downside Intraday Target | 10.37 |
Weekly technical analysis of Shore Bancshares (SHBI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 28 Thu Mar 2024 | 11.50 | 11.21 | 11.64 | 11.06 | 0.823 times |
| 22 Fri Mar 2024 | 11.15 | 10.78 | 11.51 | 10.56 | 0.752 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 |
| 19 Fri Apr 2024 | 10.43 | 11.48 | 11.90 | 10.06 | 0.742 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 |
| 31 Wed Jan 2024 | 12.94 | 14.20 | 14.38 | 12.50 | 0.649 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 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 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 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 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 SELL signal for Shore Bancshares in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shore Bancshares in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 10.38 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 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 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 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 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 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 SELL signal for Shore Bancshares in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shore Bancshares in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 10.38 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 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.