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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 2024-08-28 View latest technical analysis

10 day averaged volume of Thejo Engg is 20834

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	2713.90	2694.95	2748.95	2687.75	0.332 times
27 Tue Aug 2024	2694.25	2704.40	2760.00	2655.65	0.524 times
26 Mon Aug 2024	2708.40	2755.85	2818.55	2672.10	0.732 times
23 Fri Aug 2024	2797.80	2882.25	2882.25	2760.00	0.283 times
22 Thu Aug 2024	2853.70	2822.00	2890.00	2778.75	0.956 times
21 Wed Aug 2024	2797.40	2789.90	2850.00	2776.00	0.451 times
20 Tue Aug 2024	2799.45	2832.00	2833.00	2757.60	0.351 times
19 Mon Aug 2024	2780.10	2869.00	2869.00	2755.00	0.474 times
16 Fri Aug 2024	2872.10	2909.95	2909.95	2776.75	0.709 times
14 Wed Aug 2024	2838.65	2661.75	2930.00	2627.70	2.607 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2743.6, but if it comes above 2743.6, then a intra day buy could be more profitable.
If you take a sell trade below 2743.6, then use 2743.6 as stoploss and 2595.6 as target. However if you take a buy trade in stock , then use 2743.6 as stoploss and 2866.99 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	2755.00
Upside Target	2818.55
Upside Target	2950.05
Upside Target	3137.00
Upside Target	3175.00
Upside Target	3219.00
Upside Target	3219.85
Upside Target	3250.00
Upside Target	3298.00
Upside Target	3707.90

Intraday share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Intraday Target	2640.18
Downside Intraday Target	2566.47
Upside Intraday Target	2803.08
Upside Intraday Target	2892.27
Upside Intraday Target	2729.37

Weekly technical analysis of Thejo Engg (THEJO)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	2713.90	2755.85	2818.55	2655.65	0.632 times
23 Fri Aug 2024	2797.80	2869.00	2890.00	2755.00	0.352 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

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
28 Wed Aug 2024	2713.90	3175.00	3175.00	2627.70	0.431 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 2805.47 and Thejo Engg (THEJO) stock is trading below this level. This means that stock is falling with high volumes. 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 is giving positive 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.