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Stock Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Shore Bancshares Inc (NASDAQ:SHBI)

Bull Market Weakness (+75) - SHBI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SHBI as it may be in the beginning stages of a reversal.

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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NASDAQ_SHBI
Open High Low SHBI Price Change
20.280 20.340 20.060 20.275 +0.105
Entry Signal

MarketClub’s Trade Triangles for SHBI

long term down The long-term trend has been DOWN since May 10th, 2022 at 19.34

intermediate term up The intermediate-term trend has been UP since Jul 26th, 2022 at 19.15

short term up The short-term trend has been UP since Aug 10th, 2022 at 19.60

Smart Scan Analysis for SHBI

Based on our trend formula, SHBI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SHBI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.280 20.340 20.060 20.275 +0.105
Prev. Close Volume Bid Ask Time
20.290 27233 2022-08-18 15:58:45
Year High20.09Year High Date2018-04-11
Year Low15.25Year Low Date2018-10-25
52wk High23.1952wk High Date2021-11-08
52wk Low16.9252wk Low Date2021-09-20
Year End Close5.39Average Volume47,153
Shares Outstanding19,850Short Interest8,239
% Institutional18Market Cap209M
Assets349,449,700MLiabilities314,263,300M
P/E Ratio18.4455Beta1.37
Volatility25.46
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