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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 2025-01-15 View latest technical analysis

10 day averaged volume of Thermax is 119946

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed Jan 2025	4014.90	3794.40	4180.00	3747.60	1.8 times
14 Tue Jan 2025	3736.00	3635.80	3815.00	3635.80	1.073 times
13 Mon Jan 2025	3635.80	3767.35	3811.50	3613.05	0.86 times
10 Fri Jan 2025	3767.35	3900.25	3924.00	3720.00	1.272 times
09 Thu Jan 2025	3900.25	4000.00	4003.95	3876.65	0.407 times
08 Wed Jan 2025	3982.30	4133.40	4133.40	3970.00	0.43 times
07 Tue Jan 2025	4097.40	4181.85	4204.80	4081.55	0.482 times
06 Mon Jan 2025	4153.55	4197.00	4220.25	4134.90	0.619 times
03 Fri Jan 2025	4139.70	4098.70	4316.95	4090.00	2.87 times
02 Thu Jan 2025	4058.10	3961.35	4149.95	3956.00	1.365 times

My analysis of stock is bearish for shortterm, and stock might move down till 3841.3 or till 3454.1. Use a stoploss of 4163.89 and if the stock hits stoploss, then it can shoot up till 4486.51

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	3613.05
Downside Target	3720.00
Downside Target	3815.00
Upside Target	4180.00
Upside Target	4482.55
Upside Target	4670.95
Upside Target	4809.00
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	3691.97
Downside Intraday Target	3369.03
Upside Intraday Target	4258.92
Upside Intraday Target	4502.93
Downside Intraday Target	3935.98

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed Jan 2025	4014.90	3767.35	4180.00	3613.05	1.163 times
10 Fri Jan 2025	3767.35	4197.00	4220.25	3720.00	0.349 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

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
15 Wed Jan 2025	4014.90	4061.65	4316.95	3613.05	0.671 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 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 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 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 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 losing 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 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 moving up

CCI has generated a buy signal for Thermax in short term and BUY 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

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 3973.91 and Thermax (THERMAX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Thermax (THERMAX) stock. Volume based technical analysis of Thermax (THERMAX) stock is negative.

Thermax Stock is giving positive 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.