NASDAQ Stock SHBI Historical charts - Shore Bancshares Inc

Historical charts for Stock SHBI - Share Shore Bancshares Inc trades in NASDAQ under Finance Deals in Major Banks

Moving Averages for

5Day Average: 14.43
12Day Average: 14.92
20Day Average: 15.51
50Day Average: 15.59
100Day Average: 15.57
150Day Average: 14.94

SHBI Indicators & signals

Indicator MACD (12,26,9)

14.87, 15.3, -0.25
Indicator MACD is in negative zone

Indicator ADX (14)

36.36, 15.22, 32.61
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SHBI are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
07 Fri Mar 2025	13.97	13.91 to 14.39	-1.06%	1.34 times
06 Thu Mar 2025	14.12	14.06 to 14.39	-2.28%	0.84 times
05 Wed Mar 2025	14.45	14.29 to 14.71	-0.96%	1.09 times
04 Tue Mar 2025	14.59	14.43 to 15.09	-2.8%	1.12 times
03 Mon Mar 2025	15.01	14.90 to 15.40	-0.86%	1.33 times
28 Fri Feb 2025	15.14	15.07 to 15.31	0.46%	1.24 times
27 Thu Feb 2025	15.07	14.97 to 15.28	0%	1.15 times
26 Wed Feb 2025	15.07	14.92 to 15.24	-0.4%	0.58 times
25 Tue Feb 2025	15.13	15.11 to 15.47	-0.59%	0.61 times
24 Mon Feb 2025	15.22	15.19 to 16.02	-0.52%	1.12 times
21 Fri Feb 2025	15.30	15.29 to 16.23	-3.89%	0.9 times
20 Thu Feb 2025	15.92	15.79 to 16.22	-1.79%	0.75 times

Technical analysis forecast for SHBI Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT SHBI SHBI at this time. Stock is falling and might fall more.

It appears as if SHBI SHBI gave a large move recently.

Stock of SHBI (SHBI) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of SHBI is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if SHBI stays below 14.3, but if it comes above 14.3, then a intra day buy could be more profitable.
If you take a sell trade below 14.3, then use 14.3 as stoploss and 13.3 as target. However if you take a buy trade in SHBI, then use 14.3 as stoploss and 15.18 as target.

Tomorrow's movement Prediction of SHBI is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 14.48

Tomorrow's movement Prediction of SHBI is strongly bearish. It has broken a strong support of 15 and is expected to move down further.

Munafa value: 25

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.