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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 2024-12-19 View latest technical analysis

10 day averaged volume of Shigan Quantum is 5100

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	110.15	111.05	111.10	109.60	2.059 times
18 Wed Dec 2024	111.05	114.10	114.10	111.05	1.176 times
17 Tue Dec 2024	114.10	116.00	116.00	114.10	0.882 times
16 Mon Dec 2024	119.00	117.00	119.00	117.00	0.588 times
13 Fri Dec 2024	117.00	117.00	117.00	117.00	0.882 times
12 Thu Dec 2024	117.05	117.00	117.05	117.00	0.588 times
11 Wed Dec 2024	117.05	116.85	117.05	116.85	0.882 times
10 Tue Dec 2024	123.00	119.80	123.00	119.80	1.176 times
09 Mon Dec 2024	119.90	114.80	120.00	112.55	1.471 times
06 Fri Dec 2024	114.80	116.05	116.05	114.00	1.471 times

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

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 112.5, but if it comes above 112.5, then a intra day buy could be more profitable.
If you take a sell trade below 112.5, then use 112.5 as stoploss and 108.4 as target. However if you take a buy trade in stock , then use 112.5 as stoploss and 115.95 as target.

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	95.00
Downside Target	100.00
Downside Target	109.60
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	106.83
Downside Intraday Target	103.52
Upside Intraday Target	116.23
Upside Intraday Target	122.32
Upside Intraday Target	112.92

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	110.15	117.00	119.00	109.60	0.941 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
19 Thu Dec 2024	110.15	112.50	123.00	109.60	0.272 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 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 neutral. A longer time frame might give a better analysis.

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 Strong 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 and the buying is gaining 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 115.72 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.