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

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

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

Thermax trades in NSE in Heavy Electrical Equipment sector.

Showing technical analysis as on 2024-10-07 View latest technical analysis

10 day averaged volume of Thermax is 85342

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	5087.55	5189.95	5192.55	4991.45	0.616 times
04 Fri Oct 2024	5193.25	4910.05	5261.90	4809.00	1.377 times
03 Thu Oct 2024	4918.35	5080.00	5140.00	4880.70	0.562 times
01 Tue Oct 2024	5098.80	5100.20	5148.70	5055.55	0.392 times
30 Mon Sep 2024	5100.20	5186.90	5186.90	5086.10	0.966 times
27 Fri Sep 2024	5200.70	5345.85	5345.85	5151.35	0.56 times
26 Thu Sep 2024	5279.45	5220.00	5295.00	5180.10	0.939 times
25 Wed Sep 2024	5199.25	5300.75	5314.00	5190.00	0.881 times
24 Tue Sep 2024	5300.75	5299.00	5370.10	5139.70	1.265 times
23 Mon Sep 2024	5234.20	5394.95	5460.00	5213.50	1.011 times

My analysis of stock is bullish for shortterm, and stock might move up till 5321.5 or till 5697.3. Use a stoploss of 5008.26 and if this stock hits its stoploss, then it can fall down till 4695.06

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	4171.35
Downside Target	4265.00
Downside Target	4767.05
Upside Target	5139.70
Upside Target	5215.05
Upside Target	5261.90
Upside Target	5460.00
Upside Target	5575.05
Upside Target	5699.95
Upside Target	5839.95

Intraday share price targets for Thermax (THERMAX)

Target Type	Value
Downside Intraday Target	4988.48
Downside Intraday Target	4889.42
Upside Intraday Target	5189.58
Upside Intraday Target	5291.62
Upside Intraday Target	5090.52

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	5087.55	5189.95	5192.55	4991.45	0.187 times
04 Fri Oct 2024	5193.25	5186.90	5261.90	4809.00	0.708 times
27 Fri Sep 2024	5200.70	5394.95	5460.00	5139.70	0.33 times
20 Fri Sep 2024	5345.55	4829.00	5575.05	4767.05	1.463 times
13 Fri Sep 2024	4730.55	4330.40	4892.00	4280.10	2.826 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 Thermax (THERMAX)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	5087.55	5100.20	5261.90	4809.00	0.09 times
30 Mon Sep 2024	5100.20	4393.30	5575.05	4265.00	0.963 times
30 Fri Aug 2024	4372.80	5082.80	5215.05	4171.35	1.051 times
31 Wed Jul 2024	5071.80	5368.10	5839.95	4801.55	0.708 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 Thermax (THERMAX)

Price action analysis of Thermax ( (THERMAX) ) 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 Thermax ( (THERMAX) ) 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 Thermax ( (THERMAX) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Thermax stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Thermax Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Thermax in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 Thermax is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5184.05 and Thermax (THERMAX) 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 Thermax (THERMAX) stock. Volume based technical analysis of Thermax (THERMAX) stock is negative.

Thermax 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.