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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 2024-08-12 View latest technical analysis

10 day averaged volume of Shigan Quantum is 8850

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	105.95	105.00	105.95	105.00	2.542 times
09 Fri Aug 2024	100.95	100.95	100.95	100.95	0.169 times
08 Thu Aug 2024	100.95	98.00	101.95	95.00	3.559 times
07 Wed Aug 2024	100.00	100.00	100.00	97.60	0.508 times
06 Tue Aug 2024	102.70	102.70	102.70	102.70	0.169 times
05 Mon Aug 2024	102.70	102.70	102.85	102.70	1.356 times
02 Fri Aug 2024	108.10	110.25	110.25	108.00	0.847 times
01 Thu Aug 2024	110.25	110.00	110.25	109.95	1.186 times
31 Wed Jul 2024	110.70	109.00	110.70	107.35	1.525 times
30 Tue Jul 2024	113.00	109.00	113.00	109.00	0.339 times

Stock of Shigan Quantum (SHIGAN_SM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 103.9 as stoploss in an intra day buy trade for a target of 108.55. However, stock will show a bearish move below 103.9.

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	94.00
Downside Target	99.00
Downside Target	102.00
Downside Target	105.00
Upside Target	110.25
Upside Target	113.00
Upside Target	113.50
Upside Target	117.90
Upside Target	118.00
Upside Target	118.05
Upside Target	118.90

Intraday share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Intraday Target	105.32
Downside Intraday Target	104.68
Upside Intraday Target	106.27
Upside Intraday Target	106.58
Downside Intraday Target	105.63

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	105.95	105.00	105.95	105.00	0.441 times
09 Fri Aug 2024	100.95	102.70	102.85	95.00	1.36 times
02 Fri Aug 2024	108.10	109.00	113.00	107.35	0.962 times
26 Fri Jul 2024	108.00	113.00	113.00	107.35	1.238 times
19 Fri Jul 2024	113.00	112.50	117.90	111.15	0.6 times

Price has moved up 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
12 Mon Aug 2024	105.95	110.00	110.25	95.00	0.433 times
31 Wed Jul 2024	110.70	102.25	118.05	102.00	0.979 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

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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 neutral. A longer time frame might give a better analysis.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shigan Quantum Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shigan Quantum in short term and BUY 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 105.13 and Shigan Quantum (SHIGAN_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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.