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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 2024-06-12 View latest technical analysis

10 day averaged volume of Shigan Quantum is 8250

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	104.00	107.00	107.00	104.00	1.455 times
11 Tue Jun 2024	107.00	106.05	107.00	106.05	0.545 times
10 Mon Jun 2024	109.80	108.00	110.00	108.00	1.091 times
07 Fri Jun 2024	107.10	104.40	107.10	104.40	2.545 times
06 Thu Jun 2024	102.00	102.00	102.00	102.00	0.182 times
05 Wed Jun 2024	100.80	100.60	100.80	100.60	0.727 times
04 Tue Jun 2024	100.80	100.80	100.80	99.00	1.273 times
03 Mon Jun 2024	104.50	105.90	105.90	103.50	1.273 times
31 Fri May 2024	105.90	102.00	105.90	102.00	0.727 times
30 Thu May 2024	105.95	112.00	112.00	105.00	1.273 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 103.4 as stoploss in an intra day buy trade for a target of 106.94. However, stock will show a bearish move below 103.4.

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	89.70
Downside Target	94.00
Downside Target	99.00
Downside Target	102.00
Upside Target	107.00
Upside Target	112.00
Upside Target	118.00
Upside Target	118.90
Upside Target	130.00

Intraday share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Intraday Target	102
Downside Intraday Target	100
Upside Intraday Target	108
Upside Intraday Target	112
Upside Intraday Target	106

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	104.00	108.00	110.00	104.00	0.515 times
07 Fri Jun 2024	107.10	105.90	107.10	99.00	1.833 times
31 Fri May 2024	105.90	105.05	112.00	102.00	1 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

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
12 Wed Jun 2024	104.00	105.90	110.00	99.00	0.556 times
31 Fri May 2024	105.90	108.60	118.90	102.00	0.744 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

Scroll below to view daily charts

Price has moved down 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shigan Quantum ( (SHIGAN_SM) ) based on a short 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 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 neutral. A longer time frame might give a better analysis.

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

MACD generated a BUY signal for Shigan Quantum in short term but the buy signal is initial and weak.

Shigan Quantum Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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

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

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 105.23 and Shigan Quantum (SHIGAN_SM) stock is trading below this level. This means that stock is falling with high volumes. 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.