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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 2024-08-30 View latest technical analysis

10 day averaged volume of Shigan Quantum is 6150

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	112.20	110.00	112.40	109.90	2.927 times
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

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 111.6, for a target of 108 or 104.96

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
Downside Target	108.95
Upside Target	112.40
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	108
Downside Intraday Target	103.8
Upside Intraday Target	114.4
Upside Intraday Target	116.6
Downside Intraday Target	110.2

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	112.20	106.00	112.40	106.00	3.182 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
30 Fri Aug 2024	112.20	110.00	112.40	95.00	0.879 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 up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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

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

Shigan Quantum Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 108.11 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 is giving positive 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.