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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 2024-08-05 View latest technical analysis

10 day averaged volume of Thejo Engg is 18269

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	2979.00	2890.30	3044.95	2890.30	1.454 times
02 Fri Aug 2024	3015.90	3004.85	3074.90	2955.00	1.25 times
01 Thu Aug 2024	3004.85	3175.00	3175.00	2950.05	1.016 times
31 Wed Jul 2024	3110.05	3168.00	3177.40	3083.40	0.446 times
30 Tue Jul 2024	3138.75	3072.00	3149.00	3050.00	1.358 times
29 Mon Jul 2024	3090.45	3199.00	3219.00	3070.00	1.129 times
26 Fri Jul 2024	3169.10	3233.00	3240.90	3140.35	0.541 times
25 Thu Jul 2024	3219.60	3189.00	3249.00	3163.45	0.749 times
24 Wed Jul 2024	3202.30	3150.00	3268.40	3149.00	0.727 times
23 Tue Jul 2024	3141.45	3079.20	3189.40	2986.60	1.037 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3055.4, but if it comes above 3055.4, then a intra day buy could be more profitable.
If you take a sell trade below 3055.4, then use 3055.4 as stoploss and 2907.9 as target. However if you take a buy trade in stock , then use 3055.4 as stoploss and 3178.24 as target.

Share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Target	2211.15
Downside Target	2430.10
Downside Target	2610.00
Downside Target	2890.30
Downside Target	2950.05
Upside Target	3175.00
Upside Target	3219.85
Upside Target	3250.00
Upside Target	3268.40
Upside Target	3298.00
Upside Target	3450.00
Upside Target	3518.45
Upside Target	3707.90

Intraday share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Intraday Target	2897.88
Downside Intraday Target	2816.77
Upside Intraday Target	3052.53
Upside Intraday Target	3126.07
Downside Intraday Target	2971.42

Weekly technical analysis of Thejo Engg (THEJO)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	2979.00	2890.30	3044.95	2890.30	0.28 times
02 Fri Aug 2024	3015.90	3199.00	3219.00	2950.05	1.083 times
26 Fri Jul 2024	3169.10	3087.95	3268.40	2986.60	0.665 times
19 Fri Jul 2024	3087.95	3311.40	3518.45	3047.60	0.788 times
12 Fri Jul 2024	3290.10	3422.60	3450.00	3070.00	0.399 times

Price has moved down 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
05 Mon Aug 2024	2979.00	3175.00	3175.00	2890.30	0.079 times
31 Wed Jul 2024	3110.05	3279.00	3707.90	2986.60	1.465 times
28 Fri Jun 2024	3241.50	2663.50	3298.00	2211.15	1.778 times
31 Fri May 2024	2631.90	3118.75	3219.85	2610.00	0.706 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 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 getting stronger in this stock.

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 SELL signal in short term but selling 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 3091.02 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.