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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 2024-06-21 View latest technical analysis

10 day averaged volume of Shigan Quantum is 10200

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	103.25	107.00	107.00	103.05	2.206 times
20 Thu Jun 2024	107.00	105.00	107.50	102.20	0.882 times
19 Wed Jun 2024	104.00	105.65	105.65	102.05	0.588 times
18 Tue Jun 2024	105.50	113.50	113.50	105.50	0.882 times
14 Fri Jun 2024	108.75	105.00	108.75	105.00	0.735 times
13 Thu Jun 2024	109.00	108.95	109.20	108.95	2.206 times
12 Wed Jun 2024	104.00	107.00	107.00	104.00	1.176 times
11 Tue Jun 2024	107.00	106.05	107.00	106.05	0.441 times
10 Mon Jun 2024	109.80	108.00	110.00	108.00	0.882 times
07 Fri Jun 2024	107.10	104.40	107.10	104.40	2.059 times

Stock of Shigan Quantum (SHIGAN_SM) has showed a significant fall. This could be a good time to exit from this stock.

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 as stoploss in an intra day buy trade for a target of 105.51. However, stock will show a bearish move below 103.

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	110.00
Upside Target	113.50
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	99.03
Downside Intraday Target	94.82
Upside Intraday Target	110.48
Upside Intraday Target	117.72
Upside Intraday Target	106.27

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	103.25	113.50	113.50	102.05	0.838 times
14 Fri Jun 2024	108.75	108.00	110.00	104.00	1.121 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

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
21 Fri Jun 2024	103.25	105.90	113.50	99.00	1.122 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 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 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 Weak and stock is gaining 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 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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 106.46 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 is giving positive 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.