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(SIGACHI) Sigachi Industries complete technical analysis [charts+indicators] | Buy/Sell Sigachi Industries | (SIGACHI) share price targets

Complete technical analysis of Sigachi Industries (SIGACHI) by charts plus indicators, forecast predictions and share price targets for Sigachi Industries (SIGACHI)

Showing technical analysis as on 2024-05-10 View latest technical analysis

10 day averaged volume of Sigachi Industries is 1191666

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri May 2024	64.75	66.00	66.65	64.40	0.748 times
09 Thu May 2024	65.35	68.75	68.80	64.65	0.92 times
08 Wed May 2024	68.05	68.35	69.50	67.50	1.147 times
07 Tue May 2024	68.35	66.45	69.70	65.00	2.503 times
06 Mon May 2024	66.10	65.55	66.75	63.15	0.862 times
03 Fri May 2024	65.25	66.20	67.35	64.40	0.728 times
02 Thu May 2024	66.50	67.65	68.70	66.05	0.869 times
30 Tue Apr 2024	67.30	68.00	68.65	66.85	0.552 times
29 Mon Apr 2024	68.05	68.45	70.05	67.55	1.139 times
26 Fri Apr 2024	66.75	68.00	68.00	66.30	0.659 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 64.4 as stoploss in an intra day buy trade for a target of 66.25. However, stock will show a bearish move below 64.4.

Share price targets for Sigachi Industries (SIGACHI)

Target Type	Value
Downside Target	51.45
Downside Target	54.00
Downside Target	56.50
Downside Target	60.00
Downside Target	63.15
Upside Target	68.00
Upside Target	69.70
Upside Target	70.45
Upside Target	70.90
Upside Target	72.00
Upside Target	85.95
Upside Target	87.50
Upside Target	95.90

Intraday share price targets for Sigachi Industries (SIGACHI)

Target Type	Value
Downside Intraday Target	62.03
Downside Intraday Target	59.32
Upside Intraday Target	68.58
Upside Intraday Target	72.42
Upside Intraday Target	65.87

Weekly technical analysis of Sigachi Industries (SIGACHI)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri May 2024	64.75	65.55	69.70	63.15	1.88 times
03 Fri May 2024	65.25	68.45	70.05	64.40	0.527 times
26 Fri Apr 2024	66.75	63.25	70.45	63.20	1.54 times
19 Fri Apr 2024	62.50	60.00	65.00	60.00	0.912 times
12 Fri Apr 2024	66.25	70.60	70.90	64.00	0.368 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sigachi Industries (SIGACHI)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Fri May 2024	64.75	67.65	69.70	63.15	0.273 times
30 Tue Apr 2024	67.30	56.50	72.00	56.50	0.424 times
28 Thu Mar 2024	55.70	83.90	87.50	54.00	1.416 times
29 Thu Feb 2024	83.35	77.70	95.90	68.00	0.473 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 Sigachi Industries (SIGACHI)

Price action analysis of Sigachi Industries ( (SIGACHI) ) 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 Sigachi Industries ( (SIGACHI) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Sigachi Industries ( (SIGACHI) ) based on a short to mid 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 Sigachi Industries ( (SIGACHI) ) 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 Sigachi Industries stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Sigachi Industries in short term and the sell signal is strong.

Sigachi Industries 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 getting stronger in this stock.

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

CCI has generated a SELL signal for Sigachi Industries in short term and SELL signal is strong!

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 Sigachi Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 67.01 and Sigachi Industries (SIGACHI) 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 Sigachi Industries (SIGACHI) stock. Volume based technical analysis of Sigachi Industries (SIGACHI) stock is negative.

Sigachi Industries 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.