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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 2024-10-10 View latest technical analysis

10 day averaged volume of Thejo Engg is 8126

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	2449.55	2514.90	2535.00	2362.80	1.217 times
09 Wed Oct 2024	2498.30	2492.40	2595.00	2451.05	1.392 times
08 Tue Oct 2024	2491.75	2471.00	2525.00	2430.00	0.879 times
07 Mon Oct 2024	2453.20	2571.00	2571.00	2424.25	0.847 times
04 Fri Oct 2024	2576.25	2565.00	2661.30	2510.00	1.077 times
03 Thu Oct 2024	2565.15	2586.00	2610.00	2551.60	0.624 times
01 Tue Oct 2024	2600.65	2590.00	2638.60	2573.60	0.443 times
30 Mon Sep 2024	2599.55	2610.60	2625.00	2585.35	0.43 times
27 Fri Sep 2024	2610.65	2749.00	2749.00	2601.00	2.137 times
26 Thu Sep 2024	2597.10	2657.00	2662.45	2588.20	0.703 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2418.1, for a target of 2527.6 or 2618.81

Share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Target	2211.15
Downside Target	2362.80
Upside Target	2510.00
Upside Target	2581.55
Upside Target	2773.95
Upside Target	2792.95
Upside Target	2874.00
Upside Target	2986.60
Upside Target	3175.00
Upside Target	3298.00
Upside Target	3707.90

Intraday share price targets for Thejo Engg (THEJO)

Target Type	Value
Downside Intraday Target	2343.23
Downside Intraday Target	2236.92
Upside Intraday Target	2575.43
Upside Intraday Target	2701.32
Upside Intraday Target	2469.12

Weekly technical analysis of Thejo Engg (THEJO)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	2449.55	2571.00	2595.00	2362.80	1.684 times
04 Fri Oct 2024	2576.25	2610.60	2661.30	2510.00	0.344 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Thejo Engg (THEJO)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	2449.55	2590.00	2661.30	2362.80	0.208 times
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

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 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 weakening, and bulls are picking up momentum!

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 negative zone. This is the SELL 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 2541.47 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.