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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 2024-12-23 View latest technical analysis

10 day averaged volume of Shigan Quantum is 5250

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	105.65	110.00	110.00	105.00	2.286 times
20 Fri Dec 2024	108.65	110.15	110.15	108.65	0.571 times
19 Thu Dec 2024	110.15	111.05	111.10	109.60	2 times
18 Wed Dec 2024	111.05	114.10	114.10	111.05	1.143 times
17 Tue Dec 2024	114.10	116.00	116.00	114.10	0.857 times
16 Mon Dec 2024	119.00	117.00	119.00	117.00	0.571 times
13 Fri Dec 2024	117.00	117.00	117.00	117.00	0.857 times
12 Thu Dec 2024	117.05	117.00	117.05	117.00	0.571 times
11 Wed Dec 2024	117.05	116.85	117.05	116.85	0.857 times
10 Tue Dec 2024	123.00	119.80	123.00	119.80	1.143 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 105.6, for a target of 110.6 or 114.74

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	95.00
Downside Target	100.00
Downside Target	105.00
Upside Target	108.65
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	103.77
Downside Intraday Target	101.88
Upside Intraday Target	108.77
Upside Intraday Target	111.88
Upside Intraday Target	106.88

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	105.65	110.00	110.00	105.00	0.444 times
20 Fri Dec 2024	108.65	117.00	119.00	108.65	1.059 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

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
23 Mon Dec 2024	105.65	112.50	123.00	105.00	0.331 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 weakening, and bulls are picking up momentum!

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 112.8 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.