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(THEJO) Thejo Engg complete technical analysis [charts+indicators] | Buy/Sell Thejo Engg | (THEJO) share price targets

Complete technical analysis of Thejo Engg (THEJO) by charts plus indicators, forecast predictions and share price targets for Thejo Engg (THEJO)

Showing technical analysis as on 2024-01-23 View latest technical analysis

10 day averaged volume of Thejo Engg is 3366

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	1810.60	1861.70	1869.50	1783.35	1.682 times
22 Mon Jan 2024	1852.65	1904.70	1922.90	1838.95	1.146 times
19 Fri Jan 2024	1894.00	1850.05	1918.95	1850.05	2.236 times
18 Thu Jan 2024	1843.70	1850.10	1867.95	1782.60	1.509 times
17 Wed Jan 2024	1847.25	1853.00	1909.00	1825.60	1.395 times
16 Tue Jan 2024	1847.70	1854.00	1873.20	1825.00	0.662 times
15 Mon Jan 2024	1853.45	1890.00	1900.00	1845.00	0.737 times
12 Fri Jan 2024	1847.00	1909.10	1909.80	1803.60	0.498 times
11 Thu Jan 2024	1895.00	1925.00	1928.90	1888.10	0.493 times
10 Wed Jan 2024	1915.35	1947.00	1947.00	1900.70	0.646 times

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 1809.9, for a target of 1842.8 or 1870.29

Share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Target	508.00
Downside Target	533.00
Downside Target	1645.00
Downside Target	1715.00
Downside Target	1780.00
Upside Target	1899.90
Upside Target	1922.90
Upside Target	1927.45
Upside Target	1948.00
Upside Target	1998.00
Upside Target	2250.00
Upside Target	2293.90

Intraday share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Intraday Target	1755
Downside Intraday Target	1699.4
Upside Intraday Target	1894.55
Upside Intraday Target	1978.5
Upside Intraday Target	1838.95

Weekly technical analysis of Thejo Engg (THEJO)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	1810.60	1904.70	1922.90	1783.35	0.432 times
19 Fri Jan 2024	1894.00	1890.00	1918.95	1782.60	1.918 times
12 Fri Jan 2024	1847.00	1921.00	1948.00	1803.60	0.645 times
05 Fri Jan 2024	1912.35	1845.45	1927.45	1825.15	1.144 times
29 Fri Dec 2023	1845.45	1889.00	1899.90	1830.00	0.606 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 Thejo Engg (THEJO)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	1810.60	1845.45	1948.00	1782.60	0.374 times
29 Fri Dec 2023	1845.45	1924.00	2250.00	1780.00	0.51 times
30 Thu Nov 2023	1909.00	1819.45	2293.90	1715.00	2.482 times
31 Tue Oct 2023	1817.45	1699.95	1998.00	1645.00	53.531 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 Thejo Engg (THEJO)

Price action analysis of Thejo Engg ( (THEJO) ) based on a short 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.

Price action analysis of Thejo Engg ( (THEJO) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Thejo Engg ( (THEJO) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Thejo Engg ( (THEJO) ) 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 Thejo Engg stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Thejo Engg Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Thejo Engg in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Thejo Engg is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1857.8 and Thejo Engg (THEJO) 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 Thejo Engg (THEJO) stock. Volume based technical analysis of Thejo Engg (THEJO) stock is negative.

Thejo Engg 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.