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(TEAMLEASE) Teamlease Services complete technical analysis [charts+indicators] | Buy/Sell Teamlease Services | (TEAMLEASE) share price targets

Complete technical analysis of Teamlease Services (TEAMLEASE) by charts plus indicators, forecast predictions and share price targets for Teamlease Services (TEAMLEASE)

Showing technical analysis as on 2024-02-29 View latest technical analysis

10 day averaged volume of Teamlease Services is 56996

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	3012.60	3018.00	3058.00	2985.00	1.655 times
28 Wed Feb 2024	2985.45	3063.05	3083.80	2966.00	0.148 times
27 Tue Feb 2024	3064.40	3018.70	3108.35	2983.10	1.513 times
26 Mon Feb 2024	3007.20	2990.00	3106.10	2985.15	2.236 times
23 Fri Feb 2024	3020.80	3112.00	3127.85	3005.40	0.637 times
22 Thu Feb 2024	3130.10	3167.05	3207.00	3082.35	0.622 times
21 Wed Feb 2024	3179.95	3194.00	3240.00	3126.10	0.578 times
20 Tue Feb 2024	3179.75	3194.30	3194.30	3146.90	1.115 times
19 Mon Feb 2024	3178.40	3226.95	3232.90	3122.35	2.751 times
16 Fri Feb 2024	3178.25	3166.00	3214.00	3114.30	0.214 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 2993.1 as stoploss in an intra day buy trade for a target of 3067.46. However, stock will show a bearish move below 2993.1.

Share price targets for Teamlease Services (TEAMLEASE)

Target Type	Value
Downside Target	2300.00
Downside Target	2422.85
Downside Target	2698.00
Downside Target	2880.10
Upside Target	3061.10
Upside Target	3108.35
Upside Target	3165.90
Upside Target	3214.00
Upside Target	3240.00
Upside Target	3247.00
Upside Target	3325.30

Intraday share price targets for Teamlease Services (TEAMLEASE)

Target Type	Value
Downside Intraday Target	2949.62
Downside Intraday Target	2886.63
Upside Intraday Target	3091.97
Upside Intraday Target	3171.33
Upside Intraday Target	3028.98

Weekly technical analysis of Teamlease Services (TEAMLEASE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	3012.60	2990.00	3108.35	2966.00	0.973 times
23 Fri Feb 2024	3020.80	3226.95	3240.00	3005.40	4.76 times
16 Fri Feb 2024	3178.25	3008.60	3214.00	2915.55	0.351 times
09 Fri Feb 2024	2993.65	2974.30	3165.90	2880.10	0.825 times
02 Fri Feb 2024	2971.35	3061.00	3061.10	2751.05	2.694 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 Teamlease Services (TEAMLEASE)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	3012.60	2893.10	3240.00	2780.10	0.974 times
31 Wed Jan 2024	2866.60	3218.25	3325.30	2751.05	0.475 times
29 Fri Dec 2023	3198.05	2525.10	3247.00	2422.85	3.17 times
30 Thu Nov 2023	2524.00	2350.00	2698.00	2300.00	1.237 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 Teamlease Services (TEAMLEASE)

Price action analysis of Teamlease Services ( (TEAMLEASE) ) 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 Teamlease Services ( (TEAMLEASE) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Teamlease Services ( (TEAMLEASE) ) based on a mid to longer 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.

ADX buy sell signal for Teamlease Services stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Teamlease Services in short term but the sell signal is initial and weak.

Teamlease Services 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 moving up

CCI has generated a buy signal for Teamlease Services in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Teamlease Services is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3092.4 and Teamlease Services (TEAMLEASE) 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 Teamlease Services (TEAMLEASE) stock. Volume based technical analysis of Teamlease Services (TEAMLEASE) stock is negative.

Teamlease Services 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.