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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 2024-06-18 View latest technical analysis

10 day averaged volume of Sigachi Industries is 1584497

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	64.09	64.80	65.30	63.75	0.658 times
14 Fri Jun 2024	64.75	64.69	65.60	64.41	0.65 times
13 Thu Jun 2024	64.69	65.86	66.20	64.10	0.801 times
12 Wed Jun 2024	65.35	63.00	67.36	63.00	2.635 times
11 Tue Jun 2024	62.96	64.15	64.58	62.50	0.895 times
10 Mon Jun 2024	64.02	66.00	66.00	63.63	0.614 times
07 Fri Jun 2024	64.20	64.20	65.05	63.95	0.49 times
06 Thu Jun 2024	63.95	63.35	64.85	63.05	0.558 times
05 Wed Jun 2024	62.05	61.40	62.75	59.05	0.993 times
04 Tue Jun 2024	61.00	66.40	66.40	56.75	1.7 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 62.6 as stoploss in an intra day buy trade for a target of 66.14. However, stock will show a bearish move below 62.6.

Share price targets for Sigachi Industries (SIGACHI)

Target Type	Value
Downside Target	54.00
Downside Target	56.50
Downside Target	62.50
Upside Target	65.30
Upside Target	67.36
Upside Target	69.00
Upside Target	72.00
Upside Target	74.60
Upside Target	75.50
Upside Target	87.50
Upside Target	95.90

Intraday share price targets for Sigachi Industries (SIGACHI)

Target Type	Value
Downside Intraday Target	63.46
Downside Intraday Target	62.83
Upside Intraday Target	65.01
Upside Intraday Target	65.93
Upside Intraday Target	64.38

Weekly technical analysis of Sigachi Industries (SIGACHI)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	64.09	64.80	65.30	63.75	0.118 times
14 Fri Jun 2024	64.75	66.00	67.36	62.50	1.27 times
07 Fri Jun 2024	64.20	68.00	68.00	56.75	0.526 times
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

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
18 Tue Jun 2024	64.09	68.00	68.00	56.75	0.458 times
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

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 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 Sigachi Industries ( (SIGACHI) ) based on a mid to longer 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.

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 BUY signal for Sigachi Industries in short term but the buy signal is initial and weak.

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 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 Sigachi Industries in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 63.68 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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.