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 2024-08-14 View latest technical analysis

10 day averaged volume of Thejo Engg is 22371

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	2838.65	2661.75	2930.00	2627.70	2.428 times
13 Tue Aug 2024	2661.75	2966.70	2966.70	2630.50	2.713 times
12 Mon Aug 2024	2897.20	2977.00	3022.00	2880.00	0.851 times
09 Fri Aug 2024	3054.35	2939.00	3137.00	2897.50	1.087 times
08 Thu Aug 2024	2884.00	2974.85	2974.90	2875.00	0.75 times
07 Wed Aug 2024	2968.70	2930.00	2990.00	2911.25	0.527 times
06 Tue Aug 2024	2908.25	2979.00	3055.95	2865.00	0.67 times
05 Mon Aug 2024	2979.00	2890.30	3044.95	2890.30	1.188 times
02 Fri Aug 2024	3015.90	3004.85	3074.90	2955.00	1.021 times
01 Thu Aug 2024	3004.85	3175.00	3175.00	2950.05	0.83 times

Stock of Thejo Engg (THEJO) has showed a significant upmove. This could be a good time to enter in 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 2893.1, but if it comes above 2893.1, then a intra day buy could be more profitable.
If you take a sell trade below 2893.1, then use 2893.1 as stoploss and 2723.5 as target. However if you take a buy trade in stock , then use 2893.1 as stoploss and 3034.44 as target.

Share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Target	2211.15
Downside Target	2430.10
Downside Target	2610.00
Upside Target	2865.00
Upside Target	2950.05
Upside Target	3137.00
Upside Target	3219.00
Upside Target	3219.85
Upside Target	3250.00
Upside Target	3268.40
Upside Target	3298.00
Upside Target	3518.45
Upside Target	3707.90

Intraday share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Intraday Target	2636.9
Downside Intraday Target	2435.15
Upside Intraday Target	3031.2
Upside Intraday Target	3223.75
Downside Intraday Target	2829.45

Weekly technical analysis of Thejo Engg (THEJO)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	2838.65	2977.00	3022.00	2627.70	1.419 times
09 Fri Aug 2024	3054.35	2890.30	3137.00	2865.00	0.994 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

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
14 Wed Aug 2024	2838.65	3175.00	3175.00	2627.70	0.314 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 neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

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 red color and prices are below the red cloud Prices appear to be moving up

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

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 2875.05 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.