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Stock Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

Shore Bancshares, Inc (NASDAQ:SHBI)

Sidelines Mode (-55) - SHBI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

NASDAQ_SHBI
Open High Low SHBI Price Change
9.70 10.28 9.70 10.28 +0.33
Entry Signal

MarketClub’s Trade Triangles for SHBI

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 15.52

intermediate term down The intermediate-term trend has been DOWN since Jan 6th, 2020 at 16.72

short term up The short-term trend has been UP since Apr 7th, 2020 at 9.91

Smart Scan Analysis for SHBI

Based on our trend formula, SHBI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SHBI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.70 10.28 9.70 10.28 +0.33
Prev. Close Volume Bid Ask Time
10.57 12451 2020-04-08 15:59:44
Year High20.09Year High Date2018-04-11
Year Low15.25Year Low Date2018-10-25
52wk High17.952wk High Date2019-12-17
52wk Low7.6352wk Low Date2020-03-23
Year End Close5.39Average Volume34,335
Shares Outstanding12,520Short Interest8,239
% Institutional18Market Cap209M
Assets155,923,500MLiabilities136,643,300M
P/E Ratio8.3Beta1.37
Volatility25.46
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