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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Shore Bancshares, Inc. (NASDAQ:SHBI)
Countertrend Up (+85) - SHBI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for SHBI
The long-term trend has been UP since Jul 11th, 2024 at 11.90
The intermediate-term trend has been UP since Oct 15th, 2024 at 14.43
The short-term trend has been DOWN since Nov 14th, 2024 at 16.26
Smart Scan Analysis for SHBI
Based on our trend formula, SHBI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.90 | 16.12 | 15.10 | 16.06 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.08 | 97520 | 2024-11-19 15:59:33 |
| Year High | 20.09 | Year High Date | 2018-04-11 |
| Year Low | 15.25 | Year Low Date | 2018-10-25 |
| 52wk High | 16.655 | 52wk High Date | 2024-11-11 |
| 52wk Low | 10.09 | 52wk Low Date | 2024-04-18 |
| Year End Close | 5.39 | Average Volume | 102,084 |
| Shares Outstanding | 33,327 | Short Interest | 8,239 |
| % Institutional | 18 | Market Cap | 209M |
| Assets | 591,770,400M | Liabilities | 538,443,300M |
| P/E Ratio | 13.6102 | Beta | 1.37 |
| Volatility | 25.46 |