Technical Analysis for SHBI - Shore Bancshares Inc

Grade Last Price % Change Price Change
F 10.71 -0.65% -0.07
SHBI closed down 0.65 percent on Monday, March 18, 2024, on 1.31 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
BB Squeeze Ended Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Volume Surge Other -0.65%
Bollinger Band Squeeze Range Contraction -0.65%
BB Squeeze + Lower Band Touch Range Contraction -0.65%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 17 hours ago
Fell Below Previous Day's Low about 17 hours ago
Down 2 % about 17 hours ago
Down 1% about 17 hours ago
Rose Above Lower Bollinger Band about 17 hours ago

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Shore Bancshares Inc Description

Shore Bancshares, Inc., through its subsidiaries, provides various commercial banking products and services to individuals and businesses in Maryland and Delaware. The company operates in two segments, Community Banking, and Insurance Products and Services. It offers various deposit products, including checking, savings and money market accounts, regular and IRA certificates of deposit, and Christmas Savings accounts, as well as CDARS program, cash management services, and various checking services. The company also offers commercial loans, such as secured and unsecured loans, working capital loans, lines of credit, term loans, accounts receivable financing, real estate acquisition development, construction loans, and letters of credit; and loans to consumers comprising mortgage, home improvement, installment, and other personal loans; personal lines of credit; and automobile and other consumer financing. In addition, it provides merchant credit card clearing services, direct deposit of payroll, Internet and telephone banking services, safe deposit boxes, debit and credit cards, and automatic teller machine (ATM) services. Further, the company offers non-deposit products, such as mutual funds and annuities, and discount brokerage services; trust, asset management, and financial planning services; and insurance products and services to businesses and consumers, including property and casualty, life, marine, individual health, and long term care insurance, as well as pension and profit sharing plans and retirement plans for executives and employees. Shore Bancshares, Inc. operates 18 full service branches and 20 ATMs in the Kent County, Queen Anne's County, Caroline County, Talbot County, and Dorchester County in Maryland, as well as in Kent County, Delaware. Shore Bancshares, Inc. was founded in 1876 and is based in Easton, Maryland.


Classification

Sector: Financial Services
Industry: Banks - Regional - US
Keywords: Banking Bank Deposit Products Commercial Banking Insurance Products Cash Management Services Asset Management Banking Products ATM Financial Planning Services Telephone Banking Services Discount Brokerage Clearing Services Discount Brokerage Services Long Term Care Insurance Long Term Care Chester County

Is SHBI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 14.4822
52 Week Low 9.4606
Average Volume 82,005
200-Day Moving Average 11.57
50-Day Moving Average 11.95
20-Day Moving Average 11.23
10-Day Moving Average 11.16
Average True Range 0.39
RSI (14) 31.97
ADX 11.79
+DI 14.06
-DI 22.80
Chandelier Exit (Long, 3 ATRs) 10.60
Chandelier Exit (Short, 3 ATRs) 11.74
Upper Bollinger Bands 11.66
Lower Bollinger Band 10.81
Percent B (%b) -0.11
BandWidth 7.63
MACD Line -0.26
MACD Signal Line -0.25
MACD Histogram -0.0105
Fundamentals Value
Market Cap 355.17 Million
Num Shares 33.2 Million
EPS 0.59
Price-to-Earnings (P/E) Ratio 18.15
Price-to-Sales 2.90
Price-to-Book 0.73
PEG Ratio 1.78
Dividend 0.48
Dividend Yield 4.48%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.12
Resistance 3 (R3) 11.12 10.98 11.05
Resistance 2 (R2) 10.98 10.87 10.98 11.03
Resistance 1 (R1) 10.84 10.81 10.77 10.85 11.01
Pivot Point 10.70 10.70 10.67 10.70 10.70
Support 1 (S1) 10.57 10.60 10.50 10.57 10.41
Support 2 (S2) 10.43 10.53 10.43 10.39
Support 3 (S3) 10.29 10.43 10.37
Support 4 (S4) 10.30