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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 2024-06-03 View latest technical analysis

10 day averaged volume of Shigan Quantum is 5850

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	104.50	105.90	105.90	103.50	1.795 times
31 Fri May 2024	105.90	102.00	105.90	102.00	1.026 times
30 Thu May 2024	105.95	112.00	112.00	105.00	1.795 times
29 Wed May 2024	105.50	106.00	106.00	105.00	0.513 times
28 Tue May 2024	105.00	105.05	105.05	103.00	1.026 times
27 Mon May 2024	105.05	105.05	105.05	105.05	0.256 times
24 Fri May 2024	109.20	107.50	110.50	107.50	1.538 times
23 Thu May 2024	110.35	108.90	118.90	108.90	2.051 times
22 Wed May 2024	110.85	110.85	110.85	110.85	0.256 times
21 Tue May 2024	110.85	112.50	112.50	110.00	0.769 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 105.9, but if it comes above 105.9, then a intra day buy could be more profitable.
If you take a sell trade below 105.9, then use 105.9 as stoploss and 102.6 as target. However if you take a buy trade in stock , then use 105.9 as stoploss and 108.62 as target.

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	89.70
Downside Target	94.00
Downside Target	102.00
Upside Target	111.00
Upside Target	112.00
Upside Target	118.00
Upside Target	118.90
Upside Target	130.00

Intraday share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Intraday Target	103.37
Downside Intraday Target	102.23
Upside Intraday Target	105.77
Upside Intraday Target	107.03
Upside Intraday Target	104.63

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	104.50	105.90	105.90	103.50	0.389 times
31 Fri May 2024	105.90	105.05	112.00	102.00	1 times
24 Fri May 2024	109.20	112.50	118.90	107.50	0.72 times
17 Fri May 2024	110.00	108.30	118.00	108.30	1.042 times
10 Fri May 2024	108.00	106.00	111.00	105.00	1.2 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
03 Mon Jun 2024	104.50	105.90	105.90	103.50	0.078 times
31 Fri May 2024	105.90	108.60	118.90	102.00	0.744 times
30 Tue Apr 2024	104.10	94.00	118.00	94.00	0.389 times
28 Thu Mar 2024	90.50	109.10	118.90	89.70	1.16 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 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 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Shigan Quantum ( (SHIGAN_SM) ) based on a mid to longer 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.

ADX buy sell signal for Shigan Quantum stock for short term is BUY. 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

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 107.31 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.