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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 2024-05-27 View latest technical analysis

10 day averaged volume of Shigan Quantum is 8100

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	105.05	105.05	105.05	105.05	0.185 times
24 Fri May 2024	109.20	107.50	110.50	107.50	1.111 times
23 Thu May 2024	110.35	108.90	118.90	108.90	1.481 times
22 Wed May 2024	110.85	110.85	110.85	110.85	0.185 times
21 Tue May 2024	110.85	112.50	112.50	110.00	0.556 times
17 Fri May 2024	110.00	116.00	116.90	110.00	0.556 times
16 Thu May 2024	110.00	110.00	110.00	110.00	0.185 times
14 Tue May 2024	114.05	116.80	118.00	114.00	1.481 times
13 Mon May 2024	114.00	108.30	114.00	108.30	2.407 times
10 Fri May 2024	108.00	108.25	108.25	105.00	0.926 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 106.4, but if it comes above 106.4, then a intra day buy could be more profitable.
If you take a sell trade below 106.4, then use 106.4 as stoploss and 102.9 as target. However if you take a buy trade in stock , then use 106.4 as stoploss and 109.23 as target.

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	89.70
Downside Target	94.00
Downside Target	104.10
Upside Target	111.00
Upside Target	114.50
Upside Target	118.00
Upside Target	118.90
Upside Target	119.70
Upside Target	130.00
Upside Target	166.80

Intraday share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Intraday Target	105.05
Downside Intraday Target	105.05
Downside Intraday Target	105.05
Downside Intraday Target	105.05
Downside Intraday Target	105.05

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	105.05	105.05	105.05	105.05	0.056 times
24 Fri May 2024	109.20	112.50	118.90	107.50	0.72 times
17 Fri May 2024	110.00	108.30	118.00	108.30	1.042 times
10 Fri May 2024	108.00	106.00	111.00	105.00	1.2 times
03 Fri May 2024	106.20	113.10	114.50	104.10	0.741 times

Price has moved down 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
27 Mon May 2024	105.05	108.60	118.90	105.00	0.603 times
30 Tue Apr 2024	104.10	94.00	118.00	94.00	0.389 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Shigan Quantum ( (SHIGAN_SM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shigan Quantum ( (SHIGAN_SM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

Shigan Quantum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shigan Quantum in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 111.45 and Shigan Quantum (SHIGAN_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 positive

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