(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 2025-01-23 View latest technical analysis
10 day averaged volume of Shore Bancshares is 97780
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu Jan 2025 | 15.56 | 15.41 | 15.68 | 15.41 | 1.594 times |
| 22 Wed Jan 2025 | 15.52 | 15.62 | 15.72 | 15.46 | 1.162 times |
| 21 Tue Jan 2025 | 15.73 | 15.63 | 15.82 | 15.60 | 1.262 times |
| 17 Fri Jan 2025 | 15.49 | 15.44 | 15.53 | 15.34 | 1 times |
| 17 Fri Jan 2025 | 15.49 | 15.44 | 15.53 | 15.34 | 1 times |
| 16 Thu Jan 2025 | 15.37 | 15.49 | 15.49 | 15.25 | 0.985 times |
| 15 Wed Jan 2025 | 15.38 | 15.50 | 15.61 | 15.29 | 0.95 times |
| 14 Tue Jan 2025 | 15.16 | 14.94 | 15.18 | 14.93 | 1.336 times |
| 13 Mon Jan 2025 | 14.79 | 14.61 | 14.81 | 14.52 | 1.114 times |
| 10 Fri Jan 2025 | 14.72 | 15.07 | 15.24 | 14.56 | 0.752 times |
My analysis of stock is bullish for shortterm, and stock might move up till 15.8 or till 16.2. Use a stoploss of 15.5 and if this stock hits its stoploss, then it can fall down till 15.17
Share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Target | 13.21 |
| Downside Target | 14.19 |
| Downside Target | 14.52 |
| Downside Target | 15.53 |
| Downside Target | 15.55 |
| Upside Target | 15.61 |
| Upside Target | 15.82 |
| Upside Target | 16.00 |
| Upside Target | 16.10 |
| Upside Target | 17.03 |
| Upside Target | 17.61 |
Intraday share price targets for Shore Bancshares (SHBI)
| Target Type | Value |
| Downside Intraday Target | 15.37 |
| Downside Intraday Target | 15.19 |
| Upside Intraday Target | 15.78 |
| Upside Intraday Target | 16.01 |
| Upside Intraday Target | 15.6 |
Weekly technical analysis of Shore Bancshares (SHBI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu Jan 2025 | 15.56 | 15.63 | 15.82 | 15.41 | 4.017 times |
| 17 Fri Jan 2025 | 15.49 | 15.44 | 15.53 | 15.34 | 0.186 times |
| 17 Fri Jan 2025 | 15.49 | 14.61 | 15.61 | 14.52 | 4.519 times |
| 10 Fri Jan 2025 | 14.72 | 15.39 | 15.43 | 14.56 | 0.565 times |
| 08 Wed Jan 2025 | 15.34 | 15.80 | 16.00 | 15.25 | 0.663 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Shore Bancshares (SHBI)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Thu Jan 2025 | 15.56 | 16.01 | 16.10 | 14.52 | 0.993 times |
| 31 Tue Dec 2024 | 15.85 | 17.15 | 17.61 | 15.55 | 0.769 times |
| 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 |
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 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 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 SELL. 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 SELL signal for Shore Bancshares in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 15.35 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 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 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 SELL. 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 SELL signal for Shore Bancshares in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 15.35 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.