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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 2024-12-18 View latest technical analysis

10 day averaged volume of Shigan Quantum is 4950

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	111.05	114.10	114.10	111.05	1.212 times
17 Tue Dec 2024	114.10	116.00	116.00	114.10	0.909 times
16 Mon Dec 2024	119.00	117.00	119.00	117.00	0.606 times
13 Fri Dec 2024	117.00	117.00	117.00	117.00	0.909 times
12 Thu Dec 2024	117.05	117.00	117.05	117.00	0.606 times
11 Wed Dec 2024	117.05	116.85	117.05	116.85	0.909 times
10 Tue Dec 2024	123.00	119.80	123.00	119.80	1.212 times
09 Mon Dec 2024	119.90	114.80	120.00	112.55	1.515 times
06 Fri Dec 2024	114.80	116.05	116.05	114.00	1.515 times
05 Thu Dec 2024	116.00	115.90	116.00	115.90	0.909 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 113, but if it comes above 113, then a intra day buy could be more profitable.
If you take a sell trade below 113, then use 113 as stoploss and 108.5 as target. However if you take a buy trade in stock , then use 113 as stoploss and 116.69 as target.

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	95.00
Downside Target	100.00
Downside Target	110.25
Upside Target	116.70
Upside Target	119.00
Upside Target	123.00
Upside Target	131.80
Upside Target	138.45
Upside Target	139.00

Intraday share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Intraday Target	108.4
Downside Intraday Target	105.75
Upside Intraday Target	116.35
Upside Intraday Target	121.65
Upside Intraday Target	113.7

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	111.05	117.00	119.00	111.05	0.529 times
13 Fri Dec 2024	117.00	114.80	123.00	112.55	1.308 times
06 Fri Dec 2024	114.80	112.50	116.70	112.05	0.382 times
29 Fri Nov 2024	115.00	120.00	123.00	111.50	0.395 times
22 Fri Nov 2024	118.00	111.60	131.80	111.60	3.909 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
18 Wed Dec 2024	111.05	112.50	123.00	111.05	0.231 times
29 Fri Nov 2024	115.00	122.00	131.80	110.25	0.515 times
31 Thu Oct 2024	122.00	132.50	139.00	100.00	1.135 times
30 Mon Sep 2024	128.40	115.00	138.45	110.50	2.331 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 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 but selling 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 116.89 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.