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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 2024-05-13 View latest technical analysis

10 day averaged volume of Sigachi Industries is 1206870

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon May 2024	63.60	64.10	64.70	62.50	0.721 times
10 Fri May 2024	64.75	66.00	66.65	64.40	0.739 times
09 Thu May 2024	65.35	68.75	68.80	64.65	0.908 times
08 Wed May 2024	68.05	68.35	69.50	67.50	1.133 times
07 Tue May 2024	68.35	66.45	69.70	65.00	2.471 times
06 Mon May 2024	66.10	65.55	66.75	63.15	0.852 times
03 Fri May 2024	65.25	66.20	67.35	64.40	0.719 times
02 Thu May 2024	66.50	67.65	68.70	66.05	0.858 times
30 Tue Apr 2024	67.30	68.00	68.65	66.85	0.545 times
29 Mon Apr 2024	68.05	68.45	70.05	67.55	1.124 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 64.2, but if it comes above 64.2, then a intra day buy could be more profitable.
If you take a sell trade below 64.2, then use 64.2 as stoploss and 61.8 as target. However if you take a buy trade in stock , then use 64.2 as stoploss and 66.13 as target.

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	62.50
Upside Target	68.00
Upside Target	69.70
Upside Target	70.05
Upside Target	70.45
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	62.5
Downside Intraday Target	61.4
Upside Intraday Target	64.7
Upside Intraday Target	65.8
Downside Intraday Target	63.6

Weekly technical analysis of Sigachi Industries (SIGACHI)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon May 2024	63.60	64.10	64.70	62.50	0.118 times
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

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 Sigachi Industries (SIGACHI)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Mon May 2024	63.60	67.65	69.70	62.50	0.299 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 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 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 Sigachi Industries ( (SIGACHI) ) based on a short to mid 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 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 Strong 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 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 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 66.78 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.