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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 2024-05-31 View latest technical analysis

10 day averaged volume of Sigachi Industries is 2276657

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	64.60	64.45	66.65	64.00	0.825 times
30 Thu May 2024	63.85	66.00	66.90	63.50	0.569 times
29 Wed May 2024	66.00	66.80	67.70	65.80	0.678 times
28 Tue May 2024	66.90	69.75	71.00	66.55	1.095 times
27 Mon May 2024	68.55	73.20	75.50	67.50	2.66 times
24 Fri May 2024	72.85	71.95	73.80	71.65	0.575 times
23 Thu May 2024	71.45	73.20	74.25	70.25	0.79 times
22 Wed May 2024	73.00	72.10	74.60	72.10	1.08 times
21 Tue May 2024	72.05	69.20	73.70	69.00	1.712 times
18 Sat May 2024	69.20	66.00	69.20	66.00	0.635 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 64.5 as stoploss in an intra day buy trade for a target of 67.4. However, stock will show a bearish move below 64.5.

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
Upside Target	68.00
Upside Target	72.00
Upside Target	74.60
Upside Target	75.50
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	60.23
Downside Intraday Target	55.87
Upside Intraday Target	72.23
Upside Intraday Target	79.87
Upside Intraday Target	67.87

Weekly technical analysis of Sigachi Industries (SIGACHI)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	64.60	73.20	75.50	63.50	1.402 times
24 Fri May 2024	72.85	69.20	74.60	69.00	1.933 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

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
31 Fri May 2024	64.60	67.65	75.50	62.50	1.087 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sigachi Industries stock for short term is SELL. Signal strength is Strong and stock is losing 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 moving up

CCI has generated a buy signal for Sigachi Industries in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sigachi Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 69.16 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.