Technical Analysis for SHBI - Shore Bancshares Inc

Grade Last Price % Change Price Change
grade B 15.86 1.02% 0.16
SHBI closed up 1.02 percent on Friday, October 18, 2019, on 11.76 times normal volume. It was able to find support at its 50 day moving average. It was able to bounce off of its 200 day moving average, an important long-term support line. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical SHBI trend table...

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
20 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
MACD Bullish Centerline Cross Bullish 0.00%
Expansion Pivot Buy Setup Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Wide Range Bar Range Expansion 0.00%
Earnings Movers Other 0.00%
Outside Day Range Expansion 0.00%

Older signals for SHBI ...

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Basic chart:
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.
Financial Services Banking Bank Economic History Of Italy Deposit Products Texas Capital Bank Insurance Products Cash Management Services Asset Management Banking Products ATM Financial Planning Services Telephone Banking Services Sterling Bank Discount Brokerage Services Care Insurance Non Deposit Products
Is SHBI a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicator Value
52 Week High 17.0
52 Week Low 12.95
Average Volume 26,807
200-Day Moving Average 15.5356
50-Day Moving Average 15.5558
20-Day Moving Average 15.4805
10-Day Moving Average 15.562
Average True Range 0.2885
ADX 9.77
+DI 24.9078
-DI 17.7439
Chandelier Exit (Long, 3 ATRs ) 15.3145
Chandelier Exit (Short, 3 ATRs ) 15.8755
Upper Bollinger Band 15.8537
Lower Bollinger Band 15.1073
Percent B (%b) 1.01
BandWidth 4.82155
MACD Line 0.0125
MACD Signal Line -0.0427
MACD Histogram 0.0552
Fundamentals Value
Market Cap 201.2 Million
Num Shares 12.7 Million
EPS 0.79
Price-to-Earnings (P/E) Ratio 20.08
Price-to-Sales 3.90
Price-to-Book 1.34
PEG Ratio 1.76
Dividend 0.20
Dividend Yield 1.26%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.76
Resistance 3 (R3) 16.69 16.32 16.61
Resistance 2 (R2) 16.32 16.09 16.36 16.56
Resistance 1 (R1) 16.09 15.95 16.21 16.16 16.51
Pivot Point 15.72 15.72 15.78 15.76 15.72
Support 1 (S1) 15.49 15.49 15.61 15.56 15.21
Support 2 (S2) 15.12 15.35 15.16 15.16
Support 3 (S3) 14.89 15.12 15.11
Support 4 (S4) 14.96