Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Shore Bancshares, Inc. (NASDAQ:SHBI)
Strong Downtrend (-100) - SHBI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHBI continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SHBI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SHBI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SHBI
The long-term trend has been DOWN since Mar 14th, 2024 at 10.86
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 10.56
The short-term trend has been DOWN since Apr 25th, 2024 at 10.51
Smart Scan Analysis for SHBI
Based on our trend formula, SHBI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.51 | 10.65 | 10.43 | 10.53 | -0.14 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.67 | 4189 | 2024-04-25 10:35:18 |
| Year High | 20.09 | Year High Date | 2018-04-11 |
| Year Low | 15.25 | Year Low Date | 2018-10-25 |
| 52wk High | 14.51 | 52wk High Date | 2023-12-28 |
| 52wk Low | 9.66 | 52wk Low Date | 2023-10-25 |
| Year End Close | 5.39 | Average Volume | 78,971 |
| Shares Outstanding | 33,211 | Short Interest | 8,239 |
| % Institutional | 18 | Market Cap | 209M |
| Assets | 601,091,800M | Liabilities | 549,978,300M |
| P/E Ratio | 25.4048 | Beta | 1.37 |
| Volatility | 25.46 |