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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 2024-02-26 View latest technical analysis

10 day averaged volume of Thejo Engg is 31964

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	2261.85	2322.20	2392.75	2228.80	0.916 times
23 Fri Feb 2024	2290.65	2147.00	2339.65	2070.00	3.387 times
22 Thu Feb 2024	2123.85	2069.05	2150.00	2009.65	0.555 times
21 Wed Feb 2024	2067.95	2105.15	2141.90	2040.50	0.347 times
20 Tue Feb 2024	2105.15	2100.00	2160.00	2020.20	0.246 times
19 Mon Feb 2024	2109.65	2160.00	2212.75	2081.05	0.29 times
16 Fri Feb 2024	2141.15	2264.85	2275.00	2121.25	0.727 times
15 Thu Feb 2024	2207.05	2088.00	2299.00	2040.00	2.6 times
14 Wed Feb 2024	2018.65	1943.00	2055.85	1903.25	1.4 times
13 Tue Feb 2024	1883.85	1822.50	1950.00	1779.95	0.338 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2322.3, for a target of 2149.6 or 2005.69

Share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Target	1645.00
Downside Target	1715.00
Downside Target	1779.95
Downside Target	1993.00
Downside Target	2099.00
Downside Target	2228.80
Downside Target	2250.00
Upside Target	2293.90
Upside Target	2299.00
Upside Target	2339.65
Upside Target	2392.75

Intraday share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Intraday Target	2196.18
Downside Intraday Target	2130.52
Upside Intraday Target	2360.13
Upside Intraday Target	2458.42
Upside Intraday Target	2294.47

Weekly technical analysis of Thejo Engg (THEJO)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	2261.85	2322.20	2392.75	2228.80	0.19 times
23 Fri Feb 2024	2290.65	2160.00	2339.65	2009.65	0.932 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

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
26 Mon Feb 2024	2261.85	1956.35	2392.75	1779.95	3.349 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 and the buying is gaining 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 2185.28 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.