Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-28 View latest technical analysis

10 day averaged volume of Thejo Engg is 11575

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	2724.50	2820.05	2845.45	2662.60	5.502 times
27 Mon May 2024	2811.20	2802.00	2887.00	2736.15	1.76 times
24 Fri May 2024	2797.70	2775.80	2879.90	2772.00	0.894 times
23 Thu May 2024	2764.75	2842.60	2856.00	2740.20	1.147 times
22 Wed May 2024	2848.00	2844.55	2914.90	2820.25	0.773 times
21 Tue May 2024	2833.25	2809.40	2914.00	2775.00	1.865 times
18 Sat May 2024	2809.40	2859.10	2860.00	2713.25	0.192 times
17 Fri May 2024	2817.00	2850.80	2872.00	2790.95	0.531 times
16 Thu May 2024	2839.65	2880.00	2901.30	2814.60	0.647 times
15 Wed May 2024	2862.00	2935.10	2973.95	2850.10	0.758 times

Stock of Thejo Engg (THEJO) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2780.4, but if it comes above 2780.4, then a intra day buy could be more profitable.
If you take a sell trade below 2780.4, then use 2780.4 as stoploss and 2662.7 as target. However if you take a buy trade in stock , then use 2780.4 as stoploss and 2878.48 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	2430.10
Downside Target	2662.60
Upside Target	2887.00
Upside Target	2914.90
Upside Target	3003.55
Upside Target	3025.00
Upside Target	3119.90
Upside Target	3219.85
Upside Target	3250.00

Intraday share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Intraday Target	2629.07
Downside Intraday Target	2533.63
Upside Intraday Target	2853.47
Upside Intraday Target	2982.43
Upside Intraday Target	2758.03

Weekly technical analysis of Thejo Engg (THEJO)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	2724.50	2802.00	2887.00	2662.60	1.552 times
24 Fri May 2024	2797.70	2809.40	2914.90	2740.20	0.924 times
18 Sat May 2024	2809.40	2822.20	3025.00	2713.25	1.207 times
10 Fri May 2024	2822.20	3115.00	3119.90	2775.00	0.531 times
03 Fri May 2024	3043.60	3250.00	3250.00	3003.55	0.829 times

Price has moved down 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
28 Tue May 2024	2724.50	3118.75	3219.85	2662.60	0.646 times
30 Tue Apr 2024	3072.65	2488.00	3250.00	2430.10	1.438 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

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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Thejo Engg in short term but the sell signal is initial and weak.

Thejo Engg Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

CCI has generated a SELL signal for Thejo Engg in short term and SELL signal is strong!

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 2781.83 and Thejo Engg (THEJO) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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