Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-13 View latest technical analysis

10 day averaged volume of Shigan Quantum is 10800

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	103.10	108.95	108.95	103.10	0.833 times
12 Mon Aug 2024	105.95	105.00	105.95	105.00	2.083 times
09 Fri Aug 2024	100.95	100.95	100.95	100.95	0.139 times
08 Thu Aug 2024	100.95	98.00	101.95	95.00	2.917 times
07 Wed Aug 2024	100.00	100.00	100.00	97.60	0.417 times
06 Tue Aug 2024	102.70	102.70	102.70	102.70	0.139 times
05 Mon Aug 2024	102.70	102.70	102.85	102.70	1.111 times
02 Fri Aug 2024	108.10	110.25	110.25	108.00	0.694 times
01 Thu Aug 2024	110.25	110.00	110.25	109.95	0.972 times
31 Wed Jul 2024	110.70	109.00	110.70	107.35	1.25 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 103.4, but if it comes above 103.4, then a intra day buy could be more profitable.
If you take a sell trade below 103.4, then use 103.4 as stoploss and 97.7 as target. However if you take a buy trade in stock , then use 103.4 as stoploss and 108.1 as target.

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	94.00
Downside Target	99.00
Downside Target	102.00
Upside Target	107.35
Upside Target	111.15
Upside Target	113.00
Upside Target	113.50
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	101.15
Downside Intraday Target	99.2
Upside Intraday Target	107
Upside Intraday Target	110.9
Upside Intraday Target	105.05

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	103.10	105.00	108.95	103.10	0.618 times
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

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
13 Tue Aug 2024	103.10	110.00	110.25	95.00	0.475 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 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.

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. 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 SELL signal for Shigan Quantum in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 104.76 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 positive

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