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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 2024-04-04 View latest technical analysis

10 day averaged volume of Thejo Engg is 20992

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	2747.00	2746.00	2859.95	2725.05	1.265 times
03 Wed Apr 2024	2745.85	2790.00	2938.00	2720.00	2.882 times
02 Tue Apr 2024	2785.20	2430.10	2828.00	2430.10	3.083 times
01 Mon Apr 2024	2463.45	2488.00	2516.35	2444.00	0.388 times
28 Thu Mar 2024	2445.45	2509.00	2524.95	2405.05	0.42 times
27 Wed Mar 2024	2488.75	2488.85	2543.70	2444.00	0.522 times
26 Tue Mar 2024	2469.25	2569.00	2569.00	2433.55	0.345 times
22 Fri Mar 2024	2498.85	2497.00	2558.95	2379.00	0.592 times
21 Thu Mar 2024	2455.45	2310.00	2498.00	2283.30	0.674 times
20 Wed Mar 2024	2282.45	2249.95	2336.00	2225.30	0.367 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2603.8, but if it comes below 2603.8, then a intra day sell could be more profitable.
If you take a sell trade below 2603.8, then use 2603.8 as stoploss and 2412.24 as target. However if you take a buy trade in stock , then use 2603.8 as stoploss and 2833.8 as target.

Share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Target	1779.95
Downside Target	2030.00
Downside Target	2099.00
Downside Target	2151.05
Downside Target	2250.00
Downside Target	2405.05
Downside Target	2558.95
Downside Target	2569.00
Upside Target	2750.00
Upside Target	2768.75
Upside Target	2790.00
Upside Target	2938.00

Intraday share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Intraday Target	2472.07
Downside Intraday Target	2197.13
Upside Intraday Target	2979.97
Upside Intraday Target	3212.93
Downside Intraday Target	2705.03

Weekly technical analysis of Thejo Engg (THEJO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	2747.00	2488.00	2938.00	2430.10	5.92 times
28 Thu Mar 2024	2445.45	2569.00	2569.00	2405.05	0.326 times
22 Fri Mar 2024	2498.85	2191.70	2558.95	2151.05	0.594 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Thejo Engg (THEJO)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	2747.00	2488.00	2938.00	2430.10	0.492 times
28 Thu Mar 2024	2445.45	2735.00	2790.00	2030.00	0.544 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

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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Thejo Engg in short term but SELL signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2664.77 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.