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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 2024-08-29 View latest technical analysis

10 day averaged volume of Shigan Quantum is 6150

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	108.00	109.80	109.80	108.00	0.976 times
28 Wed Aug 2024	107.40	111.00	111.00	107.40	0.976 times
27 Tue Aug 2024	108.25	109.00	111.40	108.00	2.927 times
26 Mon Aug 2024	106.10	106.00	106.20	106.00	0.732 times
23 Fri Aug 2024	106.00	103.25	106.00	101.50	0.976 times
22 Thu Aug 2024	103.25	101.10	105.00	101.10	0.976 times
21 Wed Aug 2024	103.25	103.25	103.25	103.25	0.244 times
20 Tue Aug 2024	104.50	104.50	104.50	104.50	0.244 times
19 Mon Aug 2024	103.00	103.00	103.00	103.00	0.244 times
16 Fri Aug 2024	104.50	103.10	104.50	103.10	1.707 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 107.7, but if it comes below 107.7, then a intra day sell could be more profitable.
If you take a sell trade below 107.7, then use 107.7 as stoploss and 104.86 as target. However if you take a buy trade in stock , then use 107.7 as stoploss and 111 as target.

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	94.00
Downside Target	99.00
Downside Target	101.10
Downside Target	106.00
Upside Target	108.95
Upside Target	111.40
Upside Target	113.00
Upside Target	113.50
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	105.53
Downside Intraday Target	103.07
Upside Intraday Target	110.93
Upside Intraday Target	113.87
Upside Intraday Target	108.47

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	108.00	106.00	111.40	106.00	2.091 times
23 Fri Aug 2024	106.00	103.00	106.00	101.10	0.344 times
16 Fri Aug 2024	104.50	105.00	108.95	103.10	0.941 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	108.00	110.00	111.40	95.00	0.794 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 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.

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

Price action analysis of Shigan Quantum ( (SHIGAN_SM) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Shigan Quantum stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Shigan Quantum in short term but the buy signal is initial and weak.

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. Bulls are getting stronger in this stock.

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 SELL signal for Shigan Quantum in short term

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 106.3 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 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.