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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 2024-06-06 View latest technical analysis

10 day averaged volume of Shigan Quantum is 7500

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	102.00	102.00	102.00	102.00	0.2 times
05 Wed Jun 2024	100.80	100.60	100.80	100.60	0.8 times
04 Tue Jun 2024	100.80	100.80	100.80	99.00	1.4 times
03 Mon Jun 2024	104.50	105.90	105.90	103.50	1.4 times
31 Fri May 2024	105.90	102.00	105.90	102.00	0.8 times
30 Thu May 2024	105.95	112.00	112.00	105.00	1.4 times
29 Wed May 2024	105.50	106.00	106.00	105.00	0.4 times
28 Tue May 2024	105.00	105.05	105.05	103.00	0.8 times
27 Mon May 2024	105.05	105.05	105.05	105.05	0.2 times
24 Fri May 2024	109.20	107.50	110.50	107.50	1.2 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 103.8, but if it comes above 103.8, then a intra day buy could be more profitable.
If you take a sell trade below 103.8, then use 103.8 as stoploss and 99.2 as target. However if you take a buy trade in stock , then use 103.8 as stoploss and 107.59 as target.

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	89.70
Downside Target	94.00
Downside Target	99.00
Downside Target	102.00
Upside Target	105.00
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	98.7
Downside Intraday Target	95.4
Upside Intraday Target	105.6
Upside Intraday Target	109.2
Upside Intraday Target	102.3

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	102.00	105.90	105.90	99.00	1.056 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
06 Thu Jun 2024	102.00	105.90	105.90	99.00	0.211 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 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 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 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 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 green color and prices are in or below the green 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 and selling is picking up 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 104.62 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.