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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)

10 day averaged volume of Shigan Quantum is 24150

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	110.00	104.50	110.00	104.50	0.497 times
16 Tue Apr 2024	106.00	110.00	110.00	106.00	0.435 times
15 Mon Apr 2024	110.00	100.00	110.00	100.00	0.745 times
10 Wed Apr 2024	109.90	109.90	109.90	109.90	0.062 times
08 Mon Apr 2024	110.90	110.00	111.00	110.00	0.994 times
05 Fri Apr 2024	109.85	105.00	109.85	105.00	0.124 times
04 Thu Apr 2024	107.00	109.25	109.70	107.00	0.248 times
03 Wed Apr 2024	104.65	103.80	104.65	103.50	0.683 times
02 Tue Apr 2024	99.70	99.75	99.75	99.70	0.497 times
01 Mon Apr 2024	95.00	94.00	95.00	94.00	0.311 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 109.5, but if it comes below 109.5, then a intra day sell could be more profitable.
If you take a sell trade below 109.5, then use 109.5 as stoploss and 103.63 as target. However if you take a buy trade in stock , then use 109.5 as stoploss and 116.6 as target.

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	89.70
Downside Target	94.00
Downside Target	100.00
Downside Target	102.00
Downside Target	107.00
Downside Target	109.85
Upside Target	111.00
Upside Target	113.40
Upside Target	118.90
Upside Target	119.70
Upside Target	130.00
Upside Target	133.95
Upside Target	166.80

Intraday share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Intraday Target	103.33
Downside Intraday Target	96.67
Upside Intraday Target	113.33
Upside Intraday Target	116.67
Downside Intraday Target	106.67

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	110.00	100.00	110.00	100.00	1.588 times
10 Wed Apr 2024	109.90	110.00	111.00	109.90	0.567 times
05 Fri Apr 2024	109.85	94.00	109.85	94.00	0.196 times
28 Thu Mar 2024	90.50	100.05	102.00	89.70	2.468 times
22 Fri Mar 2024	100.05	104.00	113.40	100.00	0.765 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	110.00	94.00	111.00	94.00	0.238 times
28 Thu Mar 2024	90.50	109.10	118.90	89.70	1.16 times
29 Thu Feb 2024	113.00	127.00	130.00	107.00	0.319 times
31 Wed Jan 2024	129.00	131.40	166.80	119.70	2.002 times

Scroll below to view daily charts

Price has moved up 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 gaining momentum.

MACD generated a BUY signal for Shigan Quantum in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 and BUY 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 106.73 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 rising upwards.

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 is giving positive 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.