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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 2024-08-21 View latest technical analysis

10 day averaged volume of Shigan Quantum is 9000

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	103.25	103.25	103.25	103.25	0.167 times
20 Tue Aug 2024	104.50	104.50	104.50	104.50	0.167 times
19 Mon Aug 2024	103.00	103.00	103.00	103.00	0.167 times
16 Fri Aug 2024	104.50	103.10	104.50	103.10	1.167 times
14 Wed Aug 2024	108.20	105.00	108.20	105.00	0.667 times
13 Tue Aug 2024	103.10	108.95	108.95	103.10	1 times
12 Mon Aug 2024	105.95	105.00	105.95	105.00	2.5 times
09 Fri Aug 2024	100.95	100.95	100.95	100.95	0.167 times
08 Thu Aug 2024	100.95	98.00	101.95	95.00	3.5 times
07 Wed Aug 2024	100.00	100.00	100.00	97.60	0.5 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 102.2 as stoploss in an intra day buy trade for a target of 105.9. However, stock will show a bearish move below 102.2.

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	108.95
Upside Target	110.25
Upside Target	113.00
Upside Target	113.50
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	102.67
Downside Intraday Target	102.08
Upside Intraday Target	104.17
Upside Intraday Target	105.08
Upside Intraday Target	103.58

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	103.25	103.00	104.50	103.00	0.094 times
16 Fri Aug 2024	104.50	105.00	108.95	103.10	0.941 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

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 Wed Aug 2024	103.25	110.00	110.25	95.00	0.574 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 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 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 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 BUY signal in short term and the buying is gaining 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 103.4 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 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.