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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 2024-05-21 View latest technical analysis

10 day averaged volume of Sigachi Industries is 1123359

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue May 2024	72.05	69.20	73.70	69.00	3.469 times
18 Sat May 2024	69.20	66.00	69.20	66.00	1.286 times
17 Fri May 2024	65.95	65.95	66.25	65.40	0.42 times
16 Thu May 2024	65.65	66.65	66.80	65.20	0.479 times
15 Wed May 2024	66.25	66.15	67.55	65.85	0.622 times
14 Tue May 2024	65.55	64.55	66.80	63.95	0.777 times
13 Mon May 2024	63.60	64.10	64.70	62.50	0.775 times
10 Fri May 2024	64.75	66.00	66.65	64.40	0.794 times
09 Thu May 2024	65.35	68.75	68.80	64.65	0.976 times
08 Wed May 2024	68.05	68.35	69.50	67.50	1.217 times

Stock of Sigachi Industries (SIGACHI) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 70.9, for a target of 68.7 or 66.9

Share price targets for Sigachi Industries (SIGACHI)

Target Type	Value
Downside Target	51.45
Downside Target	54.00
Downside Target	56.50
Downside Target	62.50
Downside Target	68.00
Downside Target	70.45
Downside Target	72.00
Upside Target	73.70
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	69.47
Downside Intraday Target	66.88
Upside Intraday Target	74.17
Upside Intraday Target	76.28
Downside Intraday Target	71.58

Weekly technical analysis of Sigachi Industries (SIGACHI)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue May 2024	72.05	69.20	73.70	69.00	0.796 times
18 Sat May 2024	69.20	64.10	69.20	62.50	0.665 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

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 Sigachi Industries (SIGACHI)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Tue May 2024	72.05	67.65	73.70	62.50	0.532 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 up 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 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 Sigachi Industries ( (SIGACHI) ) 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 Sigachi Industries ( (SIGACHI) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Sigachi Industries stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sigachi Industries in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sigachi Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sigachi Industries in short term and BUY 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 68.19 and Sigachi Industries (SIGACHI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.