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(SHIGAN_SM) Shigan Quantum complete technical analysis [charts+indicators] | Buy/Sell Shigan Quantum | (SHIGAN_SM) share price targets

Complete technical analysis of Shigan Quantum (SHIGAN_SM) by charts plus indicators, forecast predictions and share price targets for Shigan Quantum (SHIGAN_SM)

Showing technical analysis as on 2024-02-29 View latest technical analysis

10 day averaged volume of Shigan Quantum is 12900

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	113.00	116.00	116.00	111.10	0.93 times
28 Wed Feb 2024	116.95	108.55	117.95	108.55	0.814 times
27 Tue Feb 2024	113.75	115.00	115.05	110.15	1.977 times
26 Mon Feb 2024	115.95	118.00	118.00	114.50	1.512 times
23 Fri Feb 2024	120.00	118.05	120.00	118.00	0.465 times
22 Thu Feb 2024	118.05	118.00	118.05	118.00	0.233 times
21 Wed Feb 2024	118.00	117.00	122.40	114.75	2.442 times
20 Tue Feb 2024	117.00	114.70	117.10	114.70	0.93 times
19 Mon Feb 2024	118.20	120.00	120.00	117.40	0.465 times
16 Fri Feb 2024	123.00	120.00	123.00	120.00	0.349 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 115.1, but if it comes above 115.1, then a intra day buy could be more profitable.
If you take a sell trade below 115.1, then use 115.1 as stoploss and 111.3 as target. However if you take a buy trade in stock , then use 115.1 as stoploss and 118.31 as target.

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	90.00
Downside Target	96.00
Downside Target	100.00
Downside Target	107.00
Downside Target	112.00
Upside Target	114.70
Upside Target	118.00
Upside Target	126.00
Upside Target	128.10
Upside Target	130.00
Upside Target	133.95
Upside Target	137.00
Upside Target	166.80

Intraday share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Intraday Target	108.37
Downside Intraday Target	103.73
Upside Intraday Target	117.82
Upside Intraday Target	122.63
Upside Intraday Target	113.18

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	113.00	118.00	118.00	108.55	1.154 times
23 Fri Feb 2024	120.00	120.00	122.40	114.70	0.83 times
16 Fri Feb 2024	123.00	114.95	123.50	114.95	0.388 times
09 Fri Feb 2024	114.95	124.70	128.10	107.00	1.592 times
02 Fri Feb 2024	122.00	133.40	137.00	122.00	1.288 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 Shigan Quantum (SHIGAN_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	113.00	127.00	130.00	107.00	0.319 times
31 Wed Jan 2024	129.00	131.40	166.80	119.70	2.002 times
29 Fri Dec 2023	127.75	103.60	133.95	100.00	3.559 times
30 Thu Nov 2023	103.25	112.00	112.00	96.00	0.868 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 Shigan Quantum (SHIGAN_SM)

Price action analysis of Shigan Quantum ( (SHIGAN_SM) ) 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 Shigan Quantum ( (SHIGAN_SM) ) 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 Shigan Quantum ( (SHIGAN_SM) ) 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 Shigan Quantum stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Shigan Quantum in short term and the sell signal is strong.

Shigan Quantum Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a SELL signal for Shigan Quantum in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Shigan Quantum is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 116.5 and Shigan Quantum (SHIGAN_SM) 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 Shigan Quantum (SHIGAN_SM) stock. Volume based technical analysis of Shigan Quantum (SHIGAN_SM) stock is negative.

Shigan Quantum 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.