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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 2024-03-06 View latest technical analysis

10 day averaged volume of Shigan Quantum is 12750

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	115.00	111.00	115.00	111.00	0.235 times
05 Tue Mar 2024	115.00	112.85	115.00	112.85	0.471 times
04 Mon Mar 2024	118.00	118.90	118.90	116.90	0.588 times
01 Fri Mar 2024	116.90	109.10	117.00	109.10	0.471 times
29 Thu Feb 2024	113.00	116.00	116.00	111.10	0.941 times
28 Wed Feb 2024	116.95	108.55	117.95	108.55	0.824 times
27 Tue Feb 2024	113.75	115.00	115.05	110.15	2 times
26 Mon Feb 2024	115.95	118.00	118.00	114.50	1.529 times
23 Fri Feb 2024	120.00	118.05	120.00	118.00	0.471 times
22 Thu Feb 2024	118.05	118.00	118.05	118.00	0.235 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 114.5 as stoploss in an intra day buy trade for a target of 117.38. However, stock will show a bearish move below 114.5.

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	96.00
Downside Target	100.00
Downside Target	107.00
Downside Target	114.70
Upside Target	118.00
Upside Target	119.70
Upside Target	122.40
Upside Target	123.50
Upside Target	128.10
Upside Target	130.00
Upside Target	133.95
Upside Target	166.80

Intraday share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Intraday Target	111.03
Downside Intraday Target	107.07
Upside Intraday Target	118.93
Upside Intraday Target	122.87
Downside Intraday Target	114.97

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	115.00	118.90	118.90	111.00	0.224 times
01 Fri Mar 2024	116.90	118.00	118.00	108.55	1.256 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

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
06 Wed Mar 2024	115.00	109.10	118.90	109.10	0.056 times
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

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 Shigan Quantum (SHIGAN_SM)

Price action analysis of Shigan Quantum ( (SHIGAN_SM) ) 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 Shigan Quantum ( (SHIGAN_SM) ) 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 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 Strong 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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 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 Shigan Quantum is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 115.57 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.