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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 2024-03-20 View latest technical analysis

10 day averaged volume of Thejo Engg is 22832

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	2282.45	2249.95	2336.00	2225.30	0.337 times
19 Tue Mar 2024	2245.05	2375.50	2375.50	2220.00	0.67 times
18 Mon Mar 2024	2340.40	2191.70	2525.90	2151.05	1.462 times
15 Fri Mar 2024	2191.70	2234.40	2234.40	2133.00	0.688 times
14 Thu Mar 2024	2201.40	2120.00	2281.00	2075.05	1.156 times
13 Wed Mar 2024	2117.40	2169.00	2262.25	2030.00	1.665 times
12 Tue Mar 2024	2134.15	2235.35	2316.05	2101.00	1.494 times
11 Mon Mar 2024	2235.35	2425.10	2439.95	2176.20	1.11 times
07 Thu Mar 2024	2433.55	2460.00	2475.00	2420.00	0.371 times
06 Wed Mar 2024	2462.15	2510.00	2510.00	2413.35	0.585 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 2180.3 as stoploss in an intra day buy trade for a target of 2389.88. However, stock will show a bearish move below 2180.3.

Share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Target	1715.00
Downside Target	1779.95
Downside Target	2009.65
Downside Target	2099.00
Downside Target	2151.05
Downside Target	2228.80
Upside Target	2413.35
Upside Target	2439.95
Upside Target	2525.90
Upside Target	2750.00
Upside Target	2768.75
Upside Target	2790.00

Intraday share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Intraday Target	2113.7
Downside Intraday Target	1944.95
Upside Intraday Target	2488.55
Upside Intraday Target	2694.65
Upside Intraday Target	2319.8

Weekly technical analysis of Thejo Engg (THEJO)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	2282.45	2191.70	2525.90	2151.05	0.404 times
15 Fri Mar 2024	2191.70	2425.10	2439.95	2030.00	2.718 times
07 Thu Mar 2024	2433.55	2750.00	2750.00	2413.35	0.183 times
02 Sat Mar 2024	2727.30	2322.20	2790.00	2228.80	1.824 times
23 Fri Feb 2024	2290.65	2160.00	2339.65	2009.65	0.932 times

Price has moved up 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
20 Wed Mar 2024	2282.45	2735.00	2790.00	2030.00	0.454 times
29 Thu Feb 2024	2735.25	1956.35	2768.75	1779.95	5.415 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

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 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 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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!

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 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 2231.71 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 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 positive

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