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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 2024-09-26 View latest technical analysis

10 day averaged volume of Thejo Engg is 12336

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	2597.10	2657.00	2662.45	2588.20	0.463 times
25 Wed Sep 2024	2645.60	2699.00	2730.85	2622.00	0.967 times
24 Tue Sep 2024	2666.65	2750.00	2750.00	2650.05	1.379 times
23 Mon Sep 2024	2739.45	2749.00	2773.95	2690.00	0.71 times
20 Fri Sep 2024	2724.20	2664.75	2773.95	2647.25	1.26 times
19 Thu Sep 2024	2645.45	2670.10	2670.30	2629.15	0.703 times
18 Wed Sep 2024	2670.35	2650.75	2705.95	2650.75	0.483 times
17 Tue Sep 2024	2650.70	2687.05	2749.95	2650.00	0.757 times
16 Mon Sep 2024	2687.00	2874.00	2874.00	2658.60	0.794 times
13 Fri Sep 2024	2766.25	2779.55	2790.00	2710.85	0.915 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2625.6, but if it comes above 2625.6, then a intra day buy could be more profitable.
If you take a sell trade below 2625.6, then use 2625.6 as stoploss and 2571.4 as target. However if you take a buy trade in stock , then use 2625.6 as stoploss and 2670.67 as target.

Share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Target	2211.15
Downside Target	2581.55
Upside Target	2750.00
Upside Target	2818.55
Upside Target	2874.00
Upside Target	2986.60
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	2532.22
Downside Intraday Target	2467.33
Upside Intraday Target	2717.97
Upside Intraday Target	2838.83
Upside Intraday Target	2653.08

Weekly technical analysis of Thejo Engg (THEJO)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	2597.10	2749.00	2773.95	2588.20	0.88 times
20 Fri Sep 2024	2724.20	2874.00	2874.00	2629.15	0.697 times
13 Fri Sep 2024	2766.25	2677.00	2792.95	2581.55	1.025 times
06 Fri Sep 2024	2692.10	2680.15	2750.00	2586.65	1.223 times
30 Fri Aug 2024	2640.55	2755.85	2818.55	2625.00	1.078 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
26 Thu Sep 2024	2597.10	2680.15	2874.00	2581.55	0.591 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Thejo Engg in short term but the buy 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 red color and prices are below the red 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2684.88 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.