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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 2024-03-27 View latest technical analysis

10 day averaged volume of Shigan Quantum is 21300

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	94.35	98.00	99.00	94.10	3.521 times
26 Tue Mar 2024	99.00	100.05	102.00	99.00	0.563 times
22 Fri Mar 2024	100.05	100.55	101.05	100.00	1.268 times
21 Thu Mar 2024	104.00	105.00	108.00	101.00	1.549 times
20 Wed Mar 2024	104.00	104.50	104.50	104.00	0.141 times
19 Tue Mar 2024	108.80	113.40	113.40	107.50	0.986 times
18 Mon Mar 2024	108.00	104.00	108.00	104.00	0.423 times
15 Fri Mar 2024	102.90	101.00	102.90	101.00	0.775 times
14 Thu Mar 2024	98.00	98.00	102.50	97.00	0.986 times
13 Wed Mar 2024	98.80	100.00	101.00	98.80	1.197 times

Stock of Shigan Quantum (SHIGAN_SM) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 91.7, for a target of 100.5 or 107.79

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	94.10
Upside Target	96.00
Upside Target	100.00
Upside Target	102.00
Upside Target	107.00
Upside Target	111.00
Upside Target	118.00
Upside Target	118.90
Upside Target	119.70
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	91.63
Downside Intraday Target	88.92
Upside Intraday Target	99.53
Upside Intraday Target	104.72
Upside Intraday Target	96.82

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	94.35	100.05	102.00	94.10	0.935 times
22 Fri Mar 2024	100.05	104.00	113.40	100.00	0.765 times
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

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
27 Wed Mar 2024	94.35	109.10	118.90	94.10	0.806 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 99.76 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.