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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 2024-02-22 View latest technical analysis

10 day averaged volume of Thejo Engg is 19785

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	2123.85	2069.05	2150.00	2009.65	0.896 times
21 Wed Feb 2024	2067.95	2105.15	2141.90	2040.50	0.56 times
20 Tue Feb 2024	2105.15	2100.00	2160.00	2020.20	0.398 times
19 Mon Feb 2024	2109.65	2160.00	2212.75	2081.05	0.468 times
16 Fri Feb 2024	2141.15	2264.85	2275.00	2121.25	1.175 times
15 Thu Feb 2024	2207.05	2088.00	2299.00	2040.00	4.201 times
14 Wed Feb 2024	2018.65	1943.00	2055.85	1903.25	2.262 times
13 Tue Feb 2024	1883.85	1822.50	1950.00	1779.95	0.546 times
12 Mon Feb 2024	1804.60	1900.00	1900.00	1798.00	0.178 times
09 Fri Feb 2024	1861.10	1909.90	1909.90	1838.10	0.083 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2081.4, but if it comes below 2081.4, then a intra day sell could be more profitable.
If you take a sell trade below 2081.4, then use 2081.4 as stoploss and 1962.68 as target. However if you take a buy trade in stock , then use 2081.4 as stoploss and 2223.8 as target.

Share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Target	1645.00
Downside Target	1715.00
Downside Target	1779.95
Downside Target	1922.90
Downside Target	1993.00
Downside Target	2099.00
Upside Target	2212.75
Upside Target	2250.00
Upside Target	2293.90
Upside Target	2299.00

Intraday share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Intraday Target	2018.08
Downside Intraday Target	1912.32
Upside Intraday Target	2221.18
Upside Intraday Target	2318.52
Downside Intraday Target	2115.42

Weekly technical analysis of Thejo Engg (THEJO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	2123.85	2160.00	2212.75	2009.65	0.278 times
16 Fri Feb 2024	2141.15	1900.00	2299.00	1779.95	12.892 times
09 Fri Feb 2024	1861.10	1993.00	1993.00	1838.10	0.242 times
02 Fri Feb 2024	1946.00	1870.00	2099.00	1810.00	3.862 times
25 Thu Jan 2024	1857.40	1904.70	1922.90	1783.35	0.624 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
22 Thu Feb 2024	2123.85	1956.35	2299.00	1779.95	2.102 times
31 Wed Jan 2024	1934.15	1845.45	2099.00	1782.60	0.678 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Thejo Engg in short term and the buy signal is strong.

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

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Thejo Engg in short term and BUY 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 2112.41 and Thejo Engg (THEJO) 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 Thejo Engg (THEJO) stock. Volume based technical analysis of Thejo Engg (THEJO) stock is negative.

Thejo Engg Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.