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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 2025-03-05 View latest technical analysis

10 day averaged volume of Thermax is 178999

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Mar 2025	3237.00	3204.00	3248.40	3187.10	0.639 times
04 Tue Mar 2025	3204.45	3136.10	3284.40	3125.80	0.393 times
03 Mon Mar 2025	3201.75	3263.05	3303.95	3167.50	0.333 times
28 Fri Feb 2025	3248.50	3206.90	3395.00	3134.05	2.258 times
27 Thu Feb 2025	3191.00	3195.00	3230.00	3141.75	0.342 times
25 Tue Feb 2025	3200.65	3250.00	3293.40	3193.30	0.54 times
24 Mon Feb 2025	3285.20	3254.00	3326.80	3210.15	0.421 times
21 Fri Feb 2025	3321.55	3330.00	3388.00	3254.15	0.382 times
20 Thu Feb 2025	3328.55	3321.00	3409.95	3293.20	0.898 times
19 Wed Feb 2025	3339.65	3147.50	3443.95	3134.20	2.207 times

My analysis of stock is bearish for shortterm, and stock might move down till 3148.7 or till 3042.6. Use a stoploss of 3237.12 and if the stock hits stoploss, then it can shoot up till 3325.53

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	2950.05
Downside Target	3051.15
Downside Target	3125.80
Downside Target	3233.60
Upside Target	3303.95
Upside Target	3387.10
Upside Target	3790.05
Upside Target	3815.00
Upside Target	4311.15
Upside Target	4316.95
Upside Target	4989.00
Upside Target	5355.00

Intraday share price targets for Thermax (THERMAX)

Target Type	Value
Downside Intraday Target	3140.55
Downside Intraday Target	3044.1
Upside Intraday Target	3318.7
Upside Intraday Target	3400.4
Downside Intraday Target	3222.25

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Mar 2025	3237.00	3263.05	3303.95	3125.80	0.383 times
28 Fri Feb 2025	3248.50	3254.00	3395.00	3134.05	0.561 times
21 Fri Feb 2025	3321.55	3080.00	3443.95	2950.05	2.16 times
14 Fri Feb 2025	3109.00	3351.00	3387.10	3051.15	0.436 times
07 Fri Feb 2025	3388.05	3790.05	3790.05	3233.60	3.346 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
05 Wed Mar 2025	3237.00	3263.05	3303.95	3125.80	0.07 times
28 Fri Feb 2025	3248.50	3790.05	3790.05	2950.05	1.243 times
31 Fri Jan 2025	3863.60	4061.65	4316.95	3460.10	1.337 times
31 Tue Dec 2024	4039.75	4596.50	4989.00	3815.00	1.032 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 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 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 neutral. A longer time frame might give a better analysis.

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 BUY signal for Thermax in short term but the buy signal is initial and weak.

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 getting stronger in this stock.

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 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 3275.92 and Thermax (THERMAX) stock is trading below this level. This means that stock is falling with high volumes. 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.