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(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 2024-07-22 View latest technical analysis

10 day averaged volume of Transfreight is 2942

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	32.00	32.00	32.00	29.62	0.067 times
19 Fri Jul 2024	32.00	32.81	32.81	31.45	0.813 times
18 Thu Jul 2024	32.17	32.00	33.00	31.85	0.749 times
16 Tue Jul 2024	33.55	37.95	37.95	32.60	1.709 times
15 Mon Jul 2024	33.50	32.41	33.50	32.00	2.223 times
12 Fri Jul 2024	32.41	34.33	34.50	32.07	0.347 times
11 Thu Jul 2024	32.85	34.90	34.90	31.99	1.044 times
10 Wed Jul 2024	33.20	32.85	33.25	32.80	0.222 times
09 Tue Jul 2024	33.29	32.01	33.74	32.01	0.331 times
08 Mon Jul 2024	32.54	33.85	33.85	32.50	1.115 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 32.4, but if it comes above 32.4, then a intra day buy could be more profitable.
If you take a sell trade below 32.4, then use 32.4 as stoploss and 31.4 as target. However if you take a buy trade in stock , then use 32.4 as stoploss and 33.21 as target.

Share price targets for Transfreight (Transfreight)

Target Type	Value
Downside Target	26.05
Downside Target	28.00
Downside Target	29.62
Downside Target	31.45
Upside Target	34.90
Upside Target	36.00
Upside Target	36.27
Upside Target	36.99
Upside Target	37.90
Upside Target	37.95

Intraday share price targets for Transfreight (Transfreight)

Target Type	Value
Downside Intraday Target	30.41
Downside Intraday Target	28.83
Upside Intraday Target	32.79
Upside Intraday Target	33.59
Downside Intraday Target	31.21

Weekly technical analysis of Transfreight (Transfreight)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	32.00	32.00	32.00	29.62	0.012 times
19 Fri Jul 2024	32.00	32.41	37.95	31.45	1.797 times
12 Fri Jul 2024	32.41	33.85	34.90	31.99	0.652 times
05 Fri Jul 2024	33.51	32.78	36.00	30.10	1.02 times
28 Fri Jun 2024	32.78	35.00	36.00	30.06	0.504 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
22 Mon Jul 2024	32.00	32.78	37.95	29.62	0.589 times
28 Fri Jun 2024	32.78	28.31	37.90	26.05	1.401 times
31 Fri May 2024	28.24	31.54	36.27	28.01	0.325 times
30 Tue Apr 2024	31.54	30.85	35.00	28.00	2.273 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Transfreight in short term but the sell signal is initial and weak.

Transfreight 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 green color and prices are in or below the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Transfreight is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 32.98 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.