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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 2024-10-22 View latest technical analysis

10 day averaged volume of Shigan Quantum is 14550

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	122.90	121.00	123.00	120.00	1.031 times
21 Mon Oct 2024	125.00	128.00	128.00	124.00	0.825 times
18 Fri Oct 2024	125.75	123.00	125.75	123.00	0.412 times
17 Thu Oct 2024	124.05	125.40	127.95	123.75	1.34 times
16 Wed Oct 2024	127.05	128.00	129.00	127.05	0.412 times
15 Tue Oct 2024	130.00	133.00	133.00	130.00	0.619 times
14 Mon Oct 2024	130.00	130.10	134.00	130.00	0.928 times
11 Fri Oct 2024	130.00	132.00	132.00	130.00	0.412 times
10 Thu Oct 2024	131.00	132.00	132.00	126.05	0.928 times
09 Wed Oct 2024	131.00	131.80	139.00	130.00	2.784 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 121.6 as stoploss in an intra day buy trade for a target of 125.99. However, stock will show a bearish move below 121.6.

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	95.00
Downside Target	99.00
Downside Target	102.00
Downside Target	110.50
Upside Target	123.00
Upside Target	128.00
Upside Target	129.95
Upside Target	134.00
Upside Target	137.50
Upside Target	138.45
Upside Target	139.00

Intraday share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Intraday Target	119.27
Downside Intraday Target	115.63
Upside Intraday Target	127.27
Upside Intraday Target	131.63
Upside Intraday Target	123.63

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	122.90	128.00	128.00	120.00	0.5 times
18 Fri Oct 2024	125.75	130.10	134.00	123.00	0.537 times
11 Fri Oct 2024	130.00	119.00	139.00	114.85	0.568 times
04 Fri Oct 2024	120.85	128.40	137.50	120.85	1.573 times
27 Fri Sep 2024	122.30	116.20	129.95	116.00	2.419 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
22 Tue Oct 2024	122.90	132.50	139.00	114.85	0.709 times
30 Mon Sep 2024	128.40	115.00	138.45	110.50	2.331 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

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 losing 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 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 128.07 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.