Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(Transfreight) Transfreight complete technical analysis [charts+indicators] | Buy/Sell Transfreight | (Transfreight) share price targets

Complete technical analysis of Transfreight (Transfreight) by charts plus indicators, forecast predictions and share price targets for Transfreight (Transfreight)

Showing technical analysis as on 2023-03-20 View latest technical analysis

10 day averaged volume of Transfreight is 864

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	17.49	16.97	17.49	16.97	1.852 times
17 Fri Mar 2023	17.85	18.75	18.75	17.85	0.03 times
16 Thu Mar 2023	18.75	18.75	18.75	18.75	0.116 times
15 Wed Mar 2023	18.75	19.65	19.65	18.75	0.027 times
14 Tue Mar 2023	19.15	18.63	19.45	17.70	2.455 times
13 Mon Mar 2023	18.63	19.60	19.60	18.63	1.396 times
10 Fri Mar 2023	19.60	17.80	19.64	17.80	3.304 times
09 Thu Mar 2023	18.72	18.72	18.72	18.72	0.233 times
08 Wed Mar 2023	17.84	17.84	17.84	17.84	0.003 times
06 Mon Mar 2023	18.77	19.69	19.75	18.77	2.205 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 17.3, for a target of 18.1 or 18.74

Share price targets for Transfreight (Transfreight)

Target Type	Value
Downside Target	16.97
Upside Target	19.00
Upside Target	19.05
Upside Target	19.65
Upside Target	19.75
Upside Target	20.00
Upside Target	20.85
Upside Target	22.45
Upside Target	22.70
Upside Target	24.95

Intraday share price targets for Transfreight (Transfreight)

Target Type	Value
Downside Intraday Target	17.14
Downside Intraday Target	16.8
Upside Intraday Target	17.66
Upside Intraday Target	17.84
Downside Intraday Target	17.32

Weekly technical analysis of Transfreight (Transfreight)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	17.49	16.97	17.49	16.97	0.46 times
17 Fri Mar 2023	17.85	19.60	19.65	17.70	0.7 times
10 Fri Mar 2023	19.60	19.69	19.75	17.80	19.166 times
02 Thu Mar 2023	19.75	19.35	20.00	19.00	0.146 times
24 Fri Feb 2023	18.50	18.00	19.00	18.00	0.235 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 Transfreight (Transfreight)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	17.49	19.00	20.00	16.97	0.968 times
28 Tue Feb 2023	19.35	18.00	20.85	17.10	1.1 times
31 Tue Jan 2023	18.00	20.00	22.70	17.25	1.124 times
30 Fri Dec 2022	19.80	21.60	22.45	18.35	0.371 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 Transfreight (Transfreight)

Price action analysis of Transfreight ( (Transfreight) ) 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 Transfreight ( (Transfreight) ) 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 Transfreight ( (Transfreight) ) 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 Transfreight ( (Transfreight) ) 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 Transfreight stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Transfreight in short term and the sell signal is strong.

Transfreight 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 Transfreight 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 Transfreight is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 18.86 and Transfreight (Transfreight) 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 Transfreight (Transfreight) stock. Volume based technical analysis of Transfreight (Transfreight) stock is negative.

Transfreight 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.