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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 2024-03-15 View latest technical analysis

10 day averaged volume of Shigan Quantum is 15000

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	102.90	101.00	102.90	101.00	1.1 times
14 Thu Mar 2024	98.00	98.00	102.50	97.00	1.4 times
13 Wed Mar 2024	98.80	100.00	101.00	98.80	1.7 times
12 Tue Mar 2024	104.00	104.00	104.50	103.80	3 times
11 Mon Mar 2024	109.25	110.50	111.75	109.25	0.9 times
06 Wed Mar 2024	115.00	111.00	115.00	111.00	0.2 times
05 Tue Mar 2024	115.00	112.85	115.00	112.85	0.4 times
04 Mon Mar 2024	118.00	118.90	118.90	116.90	0.5 times
01 Fri Mar 2024	116.90	109.10	117.00	109.10	0.4 times
29 Thu Feb 2024	113.00	116.00	116.00	111.10	0.8 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 106.6, but if it comes above 106.6, then a intra day buy could be more profitable.
If you take a sell trade below 106.6, then use 106.6 as stoploss and 98.2 as target. However if you take a buy trade in stock , then use 106.6 as stoploss and 113.59 as target.

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	96.00
Downside Target	100.00
Upside Target	107.00
Upside Target	111.00
Upside Target	114.70
Upside Target	118.00
Upside Target	118.90
Upside Target	119.70
Upside Target	122.40
Upside Target	123.50
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	96.02
Downside Intraday Target	89.13
Upside Intraday Target	110.77
Upside Intraday Target	118.63
Upside Intraday Target	103.88

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	102.90	110.50	111.75	97.00	7.364 times
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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	102.90	109.10	118.90	97.00	0.358 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 losing momentum.

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

Shigan Quantum 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 Shigan Quantum in short term but BUY 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 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 105.18 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.