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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 2024-09-19 View latest technical analysis

10 day averaged volume of Shigan Quantum is 21900

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	111.50	112.75	112.75	111.50	0.753 times
18 Wed Sep 2024	117.35	119.00	119.00	117.35	0.479 times
16 Mon Sep 2024	123.50	122.55	124.50	122.45	0.342 times
13 Fri Sep 2024	128.90	126.00	128.90	126.00	0.137 times
12 Thu Sep 2024	128.05	134.00	134.00	128.05	0.616 times
11 Wed Sep 2024	134.75	138.45	138.45	134.00	1.301 times
10 Tue Sep 2024	131.90	131.90	131.90	128.00	2.74 times
09 Mon Sep 2024	125.65	125.65	125.65	122.30	2.466 times
06 Fri Sep 2024	119.70	116.00	119.70	111.00	1.507 times
05 Thu Sep 2024	114.00	114.95	114.95	114.00	0.137 times

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 107.5 as stoploss in an intra day buy trade for a target of 116.62. However, stock will show a bearish move below 107.5.

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	95.00
Downside Target	99.00
Downside Target	101.10
Downside Target	106.00
Downside Target	110.50
Upside Target	118.05
Upside Target	118.90
Upside Target	119.70
Upside Target	122.30
Upside Target	124.50
Upside Target	138.45

Intraday share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Intraday Target	107.17
Downside Intraday Target	102.83
Upside Intraday Target	120.17
Upside Intraday Target	128.83
Upside Intraday Target	115.83

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	111.50	122.55	124.50	111.50	0.217 times
13 Fri Sep 2024	128.90	125.65	138.45	122.30	2.465 times
06 Fri Sep 2024	119.70	115.00	119.70	110.50	1.229 times
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

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
19 Thu Sep 2024	111.50	115.00	138.45	110.50	1.387 times
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

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 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 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 but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 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 126.12 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.