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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 2024-10-28 View latest technical analysis

10 day averaged volume of Shigan Quantum is 13200

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	109.40	114.55	114.55	106.20	6.364 times
25 Fri Oct 2024	118.00	120.00	120.00	114.00	1.477 times
24 Thu Oct 2024	120.50	127.50	130.00	119.00	1.932 times
23 Wed Oct 2024	123.00	125.10	125.10	123.00	0.455 times
22 Tue Oct 2024	122.90	121.00	123.00	120.00	1.136 times
21 Mon Oct 2024	125.00	128.00	128.00	124.00	0.909 times
18 Fri Oct 2024	125.75	123.00	125.75	123.00	0.455 times
17 Thu Oct 2024	124.05	125.40	127.95	123.75	1.477 times
16 Wed Oct 2024	127.05	128.00	129.00	127.05	0.455 times
15 Tue Oct 2024	130.00	133.00	133.00	130.00	0.682 times

Stock of Shigan Quantum (SHIGAN_SM) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 113, for a target of 119.7 or 125.2

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	106.20
Upside Target	110.50
Upside Target	118.05
Upside Target	120.85
Upside Target	130.00
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	105.55
Downside Intraday Target	101.7
Upside Intraday Target	113.9
Upside Intraday Target	118.4
Upside Intraday Target	110.05

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	109.40	114.55	114.55	106.20	1.077 times
25 Fri Oct 2024	118.00	128.00	130.00	114.00	1.444 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

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
28 Mon Oct 2024	109.40	132.50	139.00	106.20	1.021 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Shigan Quantum in short term and the sell signal is strong.

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 red color and prices are below the red 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 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 117.29 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 negative.

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