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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Shore Bancshares, Inc. (NASDAQ:SHBI)

Weak Downtrend (-65) - SHBI is showing signs of a strengthening downtrend. Monitor SHBI as it may be building momentum to the downside.

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
11.38 11.64 11.26 11.49 +0.09
Entry Signal

MarketClub’s Trade Triangles for SHBI

long term down The long-term trend has been DOWN since Mar 14th, 2024 at 10.86

intermediate term down The intermediate-term trend has been DOWN since Feb 1st, 2024 at 12.50

short term up The short-term trend has been UP since Mar 28th, 2024 at 11.44

Smart Scan Analysis for SHBI

Based on our trend formula, SHBI is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SHBI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.38 11.64 11.26 11.49 +0.09
Prev. Close Volume Bid Ask Time
11.50 49925 2024-03-28 15:59:51
Year High20.09Year High Date2018-04-11
Year Low15.25Year Low Date2018-10-25
52wk High14.6152wk High Date2023-03-30
52wk Low9.6652wk Low Date2023-10-25
Year End Close5.39Average Volume76,070
Shares Outstanding33,211Short Interest8,239
% Institutional18Market Cap209M
Assets601,091,800MLiabilities549,978,300M
P/E Ratio27.3809Beta1.37
Volatility25.46
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