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 2024-06-10 View latest technical analysis

10 day averaged volume of Thejo Engg is 19271

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	2809.55	2649.25	2825.00	2628.40	1.43 times
07 Fri Jun 2024	2628.40	2583.90	2699.95	2566.05	0.576 times
06 Thu Jun 2024	2579.50	2500.00	2633.90	2462.30	0.595 times
05 Wed Jun 2024	2443.40	2396.05	2515.80	2297.35	0.632 times
04 Tue Jun 2024	2396.05	2630.05	2637.80	2211.15	1.339 times
03 Mon Jun 2024	2612.20	2663.50	2743.00	2569.35	1.046 times
31 Fri May 2024	2631.90	2668.90	2684.30	2610.00	0.223 times
30 Thu May 2024	2663.95	2706.50	2720.65	2625.80	0.65 times
29 Wed May 2024	2679.70	2724.50	2759.15	2651.10	0.578 times
28 Tue May 2024	2724.50	2820.05	2845.45	2662.60	3.305 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2862.8 as stoploss in an intra day sell trade for a target of 2724.25. However, stock will show a bullish move above 2862.8.

Share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Target	1779.95
Downside Target	2030.00
Downside Target	2211.15
Downside Target	2430.10
Downside Target	2610.00
Downside Target	2713.25
Upside Target	2825.00
Upside Target	2887.00
Upside Target	2914.90
Upside Target	3025.00
Upside Target	3219.85
Upside Target	3250.00

Intraday share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Intraday Target	2683.63
Downside Intraday Target	2557.72
Upside Intraday Target	2880.23
Upside Intraday Target	2950.92
Downside Intraday Target	2754.32

Weekly technical analysis of Thejo Engg (THEJO)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	2809.55	2649.25	2825.00	2628.40	0.342 times
07 Fri Jun 2024	2628.40	2663.50	2743.00	2211.15	0.72 times
31 Fri May 2024	2631.90	2802.00	2887.00	2610.00	2.068 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

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
10 Mon Jun 2024	2809.55	2663.50	2825.00	2211.15	0.328 times
31 Fri May 2024	2631.90	3118.75	3219.85	2610.00	0.706 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

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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak and stock is losing momentum.

MACD generated a SELL signal for Thejo Engg in short term and the sell 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 red color and prices are in or above the red 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 and the buying is gaining 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 2643.46 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 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.