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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 2024-08-09 View latest technical analysis

10 day averaged volume of Shigan Quantum is 9300

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	100.95	100.95	100.95	100.95	0.161 times
08 Thu Aug 2024	100.95	98.00	101.95	95.00	3.387 times
07 Wed Aug 2024	100.00	100.00	100.00	97.60	0.484 times
06 Tue Aug 2024	102.70	102.70	102.70	102.70	0.161 times
05 Mon Aug 2024	102.70	102.70	102.85	102.70	1.29 times
02 Fri Aug 2024	108.10	110.25	110.25	108.00	0.806 times
01 Thu Aug 2024	110.25	110.00	110.25	109.95	1.129 times
31 Wed Jul 2024	110.70	109.00	110.70	107.35	1.452 times
30 Tue Jul 2024	113.00	109.00	113.00	109.00	0.323 times
29 Mon Jul 2024	109.00	109.00	109.00	109.00	0.323 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 104.1, but if it comes above 104.1, then a intra day buy could be more profitable.
If you take a sell trade below 104.1, then use 104.1 as stoploss and 98.6 as target. However if you take a buy trade in stock , then use 104.1 as stoploss and 108.74 as target.

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	94.00
Downside Target	99.00
Upside Target	102.00
Upside Target	107.35
Upside Target	113.00
Upside Target	113.50
Upside Target	117.00
Upside Target	117.90
Upside Target	118.00
Upside Target	118.05
Upside Target	118.90

Intraday share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Intraday Target	96.35
Downside Intraday Target	91.75
Upside Intraday Target	104.2
Upside Intraday Target	107.45
Downside Intraday Target	99.6

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	100.95	102.70	102.85	95.00	1.36 times
02 Fri Aug 2024	108.10	109.00	113.00	107.35	0.962 times
26 Fri Jul 2024	108.00	113.00	113.00	107.35	1.238 times
19 Fri Jul 2024	113.00	112.50	117.90	111.15	0.6 times
12 Fri Jul 2024	112.10	117.00	117.00	108.30	0.761 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
09 Fri Aug 2024	100.95	110.00	110.25	95.00	0.326 times
31 Wed Jul 2024	110.70	102.25	118.05	102.00	0.979 times
28 Fri Jun 2024	103.00	105.90	113.50	99.00	1.6 times
31 Fri May 2024	105.90	108.60	118.90	102.00	0.744 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 weakening, and bulls 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 buy signal for Shigan Quantum in short term but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY 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 105.05 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.