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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 2024-08-16 View latest technical analysis

10 day averaged volume of Sigachi Industries is 1586834

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	59.77	59.25	60.26	58.60	0.504 times
14 Wed Aug 2024	58.39	59.90	60.12	58.00	0.655 times
13 Tue Aug 2024	59.44	61.09	61.44	59.05	0.512 times
12 Mon Aug 2024	60.87	60.51	61.58	60.28	0.876 times
09 Fri Aug 2024	60.90	63.00	63.35	60.50	0.72 times
08 Thu Aug 2024	62.06	60.21	63.00	60.21	0.609 times
07 Wed Aug 2024	61.58	63.00	63.85	60.75	1.264 times
06 Tue Aug 2024	62.49	64.00	64.74	61.80	1.075 times
05 Mon Aug 2024	61.96	63.05	64.81	61.26	1.249 times
02 Fri Aug 2024	65.73	65.00	67.50	64.00	1.007 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 59.1 as stoploss in an intra day buy trade for a target of 62.42. However, stock will show a bearish move below 59.1.

Share price targets for Sigachi Industries (SIGACHI)

Target Type	Value
Downside Target	56.10
Downside Target	58.00
Upside Target	60.21
Upside Target	61.58
Upside Target	64.00
Upside Target	68.00
Upside Target	68.90
Upside Target	69.15
Upside Target	69.89
Upside Target	72.00
Upside Target	75.50

Intraday share price targets for Sigachi Industries (SIGACHI)

Target Type	Value
Downside Intraday Target	57.99
Downside Intraday Target	56.2
Upside Intraday Target	61.57
Upside Intraday Target	63.36
Upside Intraday Target	59.78

Weekly technical analysis of Sigachi Industries (SIGACHI)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	59.77	60.51	61.58	58.00	0.518 times
09 Fri Aug 2024	60.90	63.05	64.81	60.21	0.653 times
02 Fri Aug 2024	65.73	67.43	69.89	64.00	0.583 times
26 Fri Jul 2024	66.90	58.30	68.90	56.10	5.878 times
19 Fri Jul 2024	58.60	61.00	61.68	58.25	0.429 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
16 Fri Aug 2024	59.77	67.48	69.89	58.00	0.359 times
31 Wed Jul 2024	67.02	60.78	69.15	56.10	1.878 times
28 Fri Jun 2024	60.45	68.00	68.00	56.75	0.671 times
31 Fri May 2024	64.60	67.65	75.50	62.50	1.087 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 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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 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 61.66 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 negative.

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