


Technical Sentiment Analysis for Shore Bancshares Inc (SHBI) As of 2026-05-08, Shore Bancshares Inc (SHBI) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 9 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHBI stands at 58.076, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.197, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 70.903 and the Commodity Channel Index (CCI) at 117.753 further confirm a 0.62 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SHBI is trading above its 60-day moving average of $18.913 and above its 200-day long-term moving average of $17.605. Key price levels to watch include the immediate resistance at $19.973 and strong support at $19.008. A break above $19.973 could signal a bull continuation, while falling below $19.008 may test the next Fibonacci floor at $18.539.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 18.043 | 18.539 | 19.008 | 19.504 | 19.973 | 20.469 | 20.938 |
| Fibonacci | 18.539 | 18.908 | 19.135 | 19.504 | 19.873 | 20.1 | 20.469 |
2026-05-08
| Name | Value |
|---|---|
| RSI_14 | 58.076 |
| STOCHk_14_3_3 | 70.903 |
| STOCHd_14_3_3 | 60.196 |
| CCI_20 | 117.753 |
| AO_5_34 | 0.492 |
| MOM_10 | 0.62 |
| MACD_12_26_9 | 0.197 |
2026-05-08
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 19.618 | Buy |
| MA_10 | 19.477 | Buy |
| MA_20 | 19.421 | Buy |
| MA_60 | 18.913 | Buy |
| MA_200 | 17.605 | Buy |
| MA_250 | 17.163 | Buy |