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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 2024-04-23 View latest technical analysis

10 day averaged volume of Thejo Engg is 18705

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	3011.50	3000.00	3090.00	2950.00	1.401 times
22 Mon Apr 2024	2993.35	2801.10	3050.00	2801.10	1.316 times
19 Fri Apr 2024	2849.05	2767.80	2889.00	2731.60	0.951 times
18 Thu Apr 2024	2767.80	2850.00	2979.80	2720.35	2.101 times
16 Tue Apr 2024	2846.15	2808.00	2925.00	2775.00	0.773 times
15 Mon Apr 2024	2805.20	2818.15	2885.00	2655.45	0.742 times
12 Fri Apr 2024	2861.05	2780.00	2890.20	2725.95	0.716 times
10 Wed Apr 2024	2775.20	2780.00	2849.80	2740.70	0.589 times
09 Tue Apr 2024	2780.85	2674.70	2799.00	2643.15	1.175 times
08 Mon Apr 2024	2637.65	2698.00	2698.00	2601.25	0.598 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 3090.5, for a target of 2879.8 or 2704.34

Share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Target	1779.95
Downside Target	2030.00
Downside Target	2099.00
Downside Target	2250.00
Downside Target	2405.05
Downside Target	2569.00
Downside Target	2655.45
Downside Target	2768.75
Downside Target	2801.10
Downside Target	2890.20
Downside Target	2938.00
Downside Target	2979.80
Upside Target	3090.00

Intraday share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Intraday Target	2845.07
Downside Intraday Target	2678.63
Upside Intraday Target	3133.97
Upside Intraday Target	3256.43
Downside Intraday Target	2967.53

Weekly technical analysis of Thejo Engg (THEJO)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	3011.50	2801.10	3090.00	2801.10	0.595 times
19 Fri Apr 2024	2849.05	2818.15	2979.80	2655.45	1.484 times
12 Fri Apr 2024	2861.05	2698.00	2890.20	2601.25	0.321 times
05 Fri Apr 2024	2659.70	2488.00	2938.00	2430.10	6.639 times
28 Thu Mar 2024	2445.45	2569.00	2569.00	2405.05	0.326 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
23 Tue Apr 2024	3011.50	2488.00	3090.00	2430.10	1.148 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 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 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

Although the stock is in the SELL zone, but selling 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 2846.21 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.