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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 2024-07-01 View latest technical analysis

10 day averaged volume of Shigan Quantum is 11850

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	102.00	102.25	102.25	102.00	0.253 times
28 Fri Jun 2024	103.00	103.00	105.00	103.00	0.506 times
27 Thu Jun 2024	106.75	109.00	109.00	100.00	2.532 times
26 Wed Jun 2024	105.20	104.30	106.50	104.30	0.759 times
25 Tue Jun 2024	107.65	105.10	109.50	104.50	1.139 times
24 Mon Jun 2024	105.05	105.00	107.00	105.00	0.506 times
21 Fri Jun 2024	103.25	107.00	107.00	103.05	1.899 times
20 Thu Jun 2024	107.00	105.00	107.50	102.20	0.759 times
19 Wed Jun 2024	104.00	105.65	105.65	102.05	0.506 times
18 Tue Jun 2024	105.50	113.50	113.50	105.50	0.759 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 102.5, but if it comes above 102.5, then a intra day buy could be more profitable.
If you take a sell trade below 102.5, then use 102.5 as stoploss and 99.4 as target. However if you take a buy trade in stock , then use 102.5 as stoploss and 105.16 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	107.10
Upside Target	109.50
Upside Target	110.00
Upside Target	113.50
Upside Target	118.00
Upside Target	118.90

Intraday share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Intraday Target	101.92
Downside Intraday Target	101.83
Upside Intraday Target	102.17
Upside Intraday Target	102.33
Upside Intraday Target	102.08

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	102.00	102.25	102.25	102.00	0.047 times
28 Fri Jun 2024	103.00	105.00	109.50	100.00	1.387 times
21 Fri Jun 2024	103.25	113.50	113.50	102.05	0.838 times
14 Fri Jun 2024	108.75	108.00	110.00	104.00	1.121 times
07 Fri Jun 2024	107.10	105.90	107.10	99.00	1.833 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
01 Mon Jul 2024	102.00	102.25	102.25	102.00	0.014 times
28 Fri Jun 2024	103.00	105.90	113.50	99.00	1.6 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

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 SELL. 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 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 BUY signal in short term and the buying is gaining 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 105.41 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.