(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 2024-03-20 View latest technical analysis
10 day averaged volume of Shore Bancshares is 81050
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 11.21 | 10.65 | 11.29 | 10.65 | 1.067 times |
| 19 Tue Mar 2024 | 10.73 | 10.73 | 10.85 | 10.68 | 0.56 times |
| 18 Mon Mar 2024 | 10.71 | 10.78 | 10.84 | 10.56 | 1.325 times |
| 15 Fri Mar 2024 | 10.78 | 10.85 | 11.09 | 10.74 | 3.039 times |
| 14 Thu Mar 2024 | 10.88 | 11.14 | 11.42 | 10.84 | 1.08 times |
| 13 Wed Mar 2024 | 11.23 | 11.17 | 11.53 | 11.15 | 0.725 times |
| 12 Tue Mar 2024 | 11.23 | 11.34 | 11.52 | 11.18 | 0.64 times |
| 11 Mon Mar 2024 | 11.36 | 11.26 | 11.46 | 11.26 | 0.49 times |
| 08 Fri Mar 2024 | 11.33 | 11.52 | 11.65 | 11.30 | 0.545 times |
| 07 Thu Mar 2024 | 11.32 | 11.51 | 11.73 | 11.26 | 0.497 times |
My analysis of stock is bullish for shortterm, and stock might move up till 11.4 or till 11.7. Use a stoploss of 11.18 and if this stock hits its stoploss, then it can fall down till 10.96
Share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Target | 10.11 |
| Downside Target | 10.56 |
| Upside Target | 11.53 |
| Upside Target | 11.73 |
| Upside Target | 11.76 |
| Upside Target | 11.99 |
| Upside Target | 12.32 |
| 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 | 10.75 |
| Downside Intraday Target | 10.29 |
| Upside Intraday Target | 11.48 |
| Upside Intraday Target | 11.75 |
| Downside Intraday Target | 11.02 |
Weekly technical analysis of Shore Bancshares (SHBI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 11.21 | 10.78 | 11.29 | 10.56 | 0.494 times |
| 15 Fri Mar 2024 | 10.78 | 11.26 | 11.53 | 10.74 | 1.768 times |
| 08 Fri Mar 2024 | 11.33 | 11.25 | 11.73 | 11.04 | 0.681 times |
| 01 Fri Mar 2024 | 11.20 | 11.33 | 11.61 | 11.05 | 1.44 times |
| 23 Fri Feb 2024 | 11.35 | 11.50 | 11.76 | 11.17 | 0.386 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 |
| 20 Wed Mar 2024 | 11.21 | 11.28 | 11.73 | 10.56 | 0.492 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 |
| 29 Fri Dec 2023 | 14.25 | 11.99 | 14.51 | 11.99 | 1.741 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 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 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 in or above 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 10.97 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 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 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 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 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 in or above 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 10.97 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.