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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 2024-09-30 View latest technical analysis

10 day averaged volume of Thejo Engg is 11009

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	2599.55	2610.60	2625.00	2585.35	0.317 times
27 Fri Sep 2024	2610.65	2749.00	2749.00	2601.00	1.577 times
26 Thu Sep 2024	2597.10	2657.00	2662.45	2588.20	0.519 times
25 Wed Sep 2024	2645.60	2699.00	2730.85	2622.00	1.083 times
24 Tue Sep 2024	2666.65	2750.00	2750.00	2650.05	1.545 times
23 Mon Sep 2024	2739.45	2749.00	2773.95	2690.00	0.795 times
20 Fri Sep 2024	2724.20	2664.75	2773.95	2647.25	1.412 times
19 Thu Sep 2024	2645.45	2670.10	2670.30	2629.15	0.788 times
18 Wed Sep 2024	2670.35	2650.75	2705.95	2650.75	0.541 times
17 Tue Sep 2024	2650.70	2687.05	2749.95	2650.00	0.848 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2617.8, but if it comes above 2617.8, then a intra day buy could be more profitable.
If you take a sell trade below 2617.8, then use 2617.8 as stoploss and 2559.2 as target. However if you take a buy trade in stock , then use 2617.8 as stoploss and 2666.64 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	2792.95
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	2581.6
Downside Intraday Target	2563.65
Upside Intraday Target	2621.25
Upside Intraday Target	2642.95
Upside Intraday Target	2603.3

Weekly technical analysis of Thejo Engg (THEJO)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	2599.55	2610.60	2625.00	2585.35	0.058 times
27 Fri Sep 2024	2610.65	2749.00	2773.95	2588.20	1.232 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

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
30 Mon Sep 2024	2599.55	2680.15	2874.00	2581.55	0.644 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Weak 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 coming down

CCI has generated a SELL signal for Thejo Engg in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 2660.54 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.