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 2024-08-22 View latest technical analysis

10 day averaged volume of Thejo Engg is 22828

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	2853.70	2822.00	2890.00	2778.75	0.872 times
21 Wed Aug 2024	2797.40	2789.90	2850.00	2776.00	0.412 times
20 Tue Aug 2024	2799.45	2832.00	2833.00	2757.60	0.32 times
19 Mon Aug 2024	2780.10	2869.00	2869.00	2755.00	0.433 times
16 Fri Aug 2024	2872.10	2909.95	2909.95	2776.75	0.647 times
14 Wed Aug 2024	2838.65	2661.75	2930.00	2627.70	2.379 times
13 Tue Aug 2024	2661.75	2966.70	2966.70	2630.50	2.659 times
12 Mon Aug 2024	2897.20	2977.00	3022.00	2880.00	0.834 times
09 Fri Aug 2024	3054.35	2939.00	3137.00	2897.50	1.066 times
08 Thu Aug 2024	2884.00	2974.85	2974.90	2875.00	0.735 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2808 as stoploss in an intra day buy trade for a target of 2952.17. However, stock will show a bearish move below 2808.

Share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Target	2211.15
Downside Target	2430.10
Downside Target	2610.00
Downside Target	2755.00
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	3707.90

Intraday share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Intraday Target	2775.8
Downside Intraday Target	2697.9
Upside Intraday Target	2910.8
Upside Intraday Target	2967.9
Downside Intraday Target	2832.9

Weekly technical analysis of Thejo Engg (THEJO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	2853.70	2869.00	2890.00	2755.00	0.312 times
16 Fri Aug 2024	2872.10	2977.00	3022.00	2627.70	1.576 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

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
22 Thu Aug 2024	2853.70	3175.00	3175.00	2627.70	0.385 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Thejo Engg is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2821.42 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 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.