Is Shore Bancshares, Inc. technically bullish or bearish?

Sep 20 2025 07:14 PM IST
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As of August 18, 2025, Shore Bancshares, Inc. has a bullish trend supported by strong technical indicators, outperforming the S&P 500 in the short term, although it has underperformed over the longer 3- and 5-year periods.
As of 18 August 2025, the technical trend for Shore Bancshares, Inc. has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view, including bullish MACD readings on both weekly and monthly time frames, bullish Bollinger Bands, and bullish KST. Daily moving averages also indicate a bullish trend. Dow Theory shows a mildly bullish stance on both weekly and monthly periods.

In terms of performance, Shore Bancshares has outperformed the S&P 500 over the past week and month, with returns of 1.45% and 9.61% respectively, compared to the S&P 500's 1.05% and 2.33%. However, over the longer term, the stock has underperformed the benchmark in the 3-year and 5-year periods. Overall, the current technical indicators suggest a strong bullish sentiment for Shore Bancshares.
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Our weekly and monthly stock recommendations are here
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