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(SHIGAN_SM) Shigan Quantum complete technical analysis [charts+indicators] | Buy/Sell Shigan Quantum | (SHIGAN_SM) share price targets

Complete technical analysis of Shigan Quantum (SHIGAN_SM) by charts plus indicators, forecast predictions and share price targets for Shigan Quantum (SHIGAN_SM)

Showing technical analysis as on 2024-04-02 View latest technical analysis

10 day averaged volume of Shigan Quantum is 34650

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	99.70	99.75	99.75	99.70	0.346 times
01 Mon Apr 2024	95.00	94.00	95.00	94.00	0.216 times
28 Thu Mar 2024	90.50	99.00	99.00	89.70	4.113 times
27 Wed Mar 2024	94.35	98.00	99.00	94.10	2.165 times
26 Tue Mar 2024	99.00	100.05	102.00	99.00	0.346 times
22 Fri Mar 2024	100.05	100.55	101.05	100.00	0.779 times
21 Thu Mar 2024	104.00	105.00	108.00	101.00	0.952 times
20 Wed Mar 2024	104.00	104.50	104.50	104.00	0.087 times
19 Tue Mar 2024	108.80	113.40	113.40	107.50	0.606 times
18 Mon Mar 2024	108.00	104.00	108.00	104.00	0.26 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 96.9 as stoploss in an intra day buy trade for a target of 104.71. However, stock will show a bearish move below 96.9.

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	89.70
Downside Target	94.00
Downside Target	97.00
Upside Target	99.75
Upside Target	102.00
Upside Target	107.00
Upside Target	111.00
Upside Target	118.90
Upside Target	119.70
Upside Target	130.00
Upside Target	133.95
Upside Target	166.80

Intraday share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Intraday Target	95.88
Downside Intraday Target	92.07
Upside Intraday Target	101.63
Upside Intraday Target	103.57
Downside Intraday Target	97.82

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	99.70	94.00	99.75	94.00	0.085 times
28 Thu Mar 2024	90.50	100.05	102.00	89.70	2.468 times
22 Fri Mar 2024	100.05	104.00	113.40	100.00	0.765 times
15 Fri Mar 2024	102.90	110.50	111.75	97.00	7.364 times
06 Wed Mar 2024	115.00	118.90	118.90	111.00	0.224 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	99.70	94.00	99.75	94.00	0.042 times
28 Thu Mar 2024	90.50	109.10	118.90	89.70	1.16 times
29 Thu Feb 2024	113.00	127.00	130.00	107.00	0.319 times
31 Wed Jan 2024	129.00	131.40	166.80	119.70	2.002 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Shigan Quantum (SHIGAN_SM)

Price action analysis of Shigan Quantum ( (SHIGAN_SM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Shigan Quantum ( (SHIGAN_SM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Shigan Quantum ( (SHIGAN_SM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Shigan Quantum stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shigan Quantum in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shigan Quantum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shigan Quantum in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Shigan Quantum is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 95.82 and Shigan Quantum (SHIGAN_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Shigan Quantum (SHIGAN_SM) stock. Volume based technical analysis of Shigan Quantum (SHIGAN_SM) stock is negative.

Shigan Quantum Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.