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Stock Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

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
20.08 20.08 19.60 19.80 -0.45
Entry Signal

MarketClub’s Trade Triangles for SHBI

long term up The long-term trend has been UP since Oct 7th, 2020 at 11.7706

intermediate term up The intermediate-term trend has been UP since Sep 28th, 2021 at 17.8000

short term down The short-term trend has been DOWN since Nov 26th, 2021 at 19.7900

Smart Scan Analysis for SHBI

Based on our trend formula, SHBI is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SHBI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.08 20.08 19.60 19.80 -0.45
Prev. Close Volume Bid Ask Time
19.80 13591 2021-11-26 12:57:51
Year High20.09Year High Date2018-04-11
Year Low15.25Year Low Date2018-10-25
52wk High23.1952wk High Date2021-11-08
52wk Low12.9952wk Low Date2021-02-01
Year End Close5.39Average Volume51,383
Shares Outstanding19,806Short Interest8,239
% Institutional18Market Cap209M
Assets226,077,400MLiabilities205,916,700M
P/E Ratio14.5684Beta1.37
Volatility25.46
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