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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 2024-12-24 View latest technical analysis

10 day averaged volume of Shigan Quantum is 5700

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	112.00	111.90	112.00	111.90	0.526 times
23 Mon Dec 2024	105.65	110.00	110.00	105.00	2.105 times
20 Fri Dec 2024	108.65	110.15	110.15	108.65	0.526 times
19 Thu Dec 2024	110.15	111.05	111.10	109.60	1.842 times
18 Wed Dec 2024	111.05	114.10	114.10	111.05	1.053 times
17 Tue Dec 2024	114.10	116.00	116.00	114.10	0.789 times
16 Mon Dec 2024	119.00	117.00	119.00	117.00	0.526 times
13 Fri Dec 2024	117.00	117.00	117.00	117.00	0.789 times
12 Thu Dec 2024	117.05	117.00	117.05	117.00	0.526 times
11 Wed Dec 2024	117.05	116.85	117.05	116.85	0.789 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 110.4 as stoploss in an intra day buy trade for a target of 114.29. However, stock will show a bearish move below 110.4.

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	95.00
Downside Target	100.00
Downside Target	105.00
Downside 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	107.33
Downside Intraday Target	102.67
Upside Intraday Target	114.33
Upside Intraday Target	116.67
Downside Intraday Target	109.67

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	112.00	110.00	112.00	105.00	0.556 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 up 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
24 Tue Dec 2024	112.00	112.50	123.00	105.00	0.343 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 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 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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shigan Quantum in short term but BUY signal is weak.

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 111.62 and Shigan Quantum (SHIGAN_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.