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(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 2025-01-06 View latest technical analysis

10 day averaged volume of Thermax is 165194

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	4153.55	4197.00	4220.25	4134.90	0.45 times
03 Fri Jan 2025	4139.70	4098.70	4316.95	4090.00	2.084 times
02 Thu Jan 2025	4058.10	3961.35	4149.95	3956.00	0.991 times
01 Wed Jan 2025	3933.45	4061.65	4061.65	3901.05	0.451 times
31 Tue Dec 2024	4039.75	3960.00	4088.85	3913.00	1.281 times
30 Mon Dec 2024	3913.10	4400.00	4409.95	3815.00	1.881 times
27 Fri Dec 2024	4386.25	4477.85	4495.50	4365.10	0.192 times
26 Thu Dec 2024	4477.90	4442.50	4515.00	4361.90	0.232 times
24 Tue Dec 2024	4442.50	4556.90	4578.20	4421.50	0.221 times
23 Mon Dec 2024	4548.75	4654.00	4670.95	4537.55	0.283 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4160.2, but if it comes above 4160.2, then a intra day buy could be more profitable.
If you take a sell trade below 4160.2, then use 4160.2 as stoploss and 3785.3 as target. However if you take a buy trade in stock , then use 4160.2 as stoploss and 4472.58 as target.

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	3815.00
Downside Target	3901.05
Downside Target	4134.90
Upside Target	4220.25
Upside Target	4614.75
Upside Target	4809.00
Upside Target	4836.70
Upside Target	4989.00
Upside Target	5355.00
Upside Target	5575.05
Upside Target	5719.00

Intraday share price targets for Thermax (THERMAX)

Target Type	Value
Downside Intraday Target	4118.88
Downside Intraday Target	4084.22
Upside Intraday Target	4204.23
Upside Intraday Target	4254.92
Upside Intraday Target	4169.57

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	4153.55	4197.00	4220.25	4134.90	0.067 times
03 Fri Jan 2025	4139.70	4400.00	4409.95	3815.00	7.198 times
27 Fri Dec 2024	4386.25	4654.00	4670.95	4361.90	0.224 times
20 Fri Dec 2024	4653.35	4836.70	4989.00	4482.55	1.771 times
13 Fri Dec 2024	4790.95	4676.05	4836.70	4614.75	1.068 times

Price has moved up 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
06 Mon Jan 2025	4153.55	4061.65	4316.95	3901.05	0.312 times
31 Tue Dec 2024	4039.75	4596.50	4989.00	3815.00	1.032 times
29 Fri Nov 2024	4590.10	4992.65	5355.00	4311.15	1.209 times
31 Thu Oct 2024	4925.45	5100.20	5719.00	4809.00	0.604 times

Scroll below to view daily charts

Price has moved up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Thermax ( (THERMAX) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 4088.5 and Thermax (THERMAX) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.

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