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 2024-09-02 View latest technical analysis

10 day averaged volume of Thejo Engg is 10888

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	2650.30	2680.15	2750.00	2586.65	1.576 times
30 Fri Aug 2024	2640.55	2693.00	2705.00	2625.00	0.788 times
29 Thu Aug 2024	2687.10	2727.00	2743.10	2650.10	1.359 times
28 Wed Aug 2024	2713.90	2694.95	2748.95	2687.75	0.636 times
27 Tue Aug 2024	2694.25	2704.40	2760.00	2655.65	1.003 times
26 Mon Aug 2024	2708.40	2755.85	2818.55	2672.10	1.401 times
23 Fri Aug 2024	2797.80	2882.25	2882.25	2760.00	0.542 times
22 Thu Aug 2024	2853.70	2822.00	2890.00	2778.75	1.829 times
21 Wed Aug 2024	2797.40	2789.90	2850.00	2776.00	0.863 times
20 Tue Aug 2024	2799.45	2832.00	2833.00	2757.60	0.671 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2693.5, but if it comes above 2693.5, then a intra day buy could be more profitable.
If you take a sell trade below 2693.5, then use 2693.5 as stoploss and 2554.5 as target. However if you take a buy trade in stock , then use 2693.5 as stoploss and 2809.35 as target.

Share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Target	2211.15
Downside Target	2586.65
Upside Target	2750.00
Upside Target	2818.55
Upside Target	2890.00
Upside Target	2986.60
Upside Target	3022.00
Upside Target	3137.00
Upside Target	3175.00
Upside Target	3219.85
Upside Target	3298.00
Upside Target	3707.90

Intraday share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Intraday Target	2574.63
Downside Intraday Target	2498.97
Upside Intraday Target	2737.98
Upside Intraday Target	2825.67
Upside Intraday Target	2662.32

Weekly technical analysis of Thejo Engg (THEJO)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	2650.30	2680.15	2750.00	2586.65	0.304 times
30 Fri Aug 2024	2640.55	2755.85	2818.55	2625.00	1.078 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

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
02 Mon Sep 2024	2650.30	2680.15	2750.00	2586.65	0.044 times
30 Fri Aug 2024	2640.55	3175.00	3175.00	2625.00	0.458 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

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 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 losing 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 2733.45 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.