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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 2025-05-23 View latest technical analysis

10 day averaged volume of Thermax is 163989

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri May 2025	3548.00	3618.00	3618.00	3531.10	0.297 times
22 Thu May 2025	3597.00	3560.00	3631.30	3529.00	0.862 times
21 Wed May 2025	3542.80	3518.80	3574.00	3502.30	0.583 times
20 Tue May 2025	3501.80	3554.60	3578.80	3488.00	0.797 times
19 Mon May 2025	3512.90	3450.00	3605.40	3443.90	1.351 times
16 Fri May 2025	3426.60	3429.80	3465.00	3414.90	0.401 times
15 Thu May 2025	3429.80	3415.00	3489.70	3405.10	0.882 times
14 Wed May 2025	3405.10	3350.00	3428.00	3332.90	2.292 times
13 Tue May 2025	3320.80	3309.80	3400.00	3289.80	0.974 times
12 Mon May 2025	3299.30	3402.50	3405.10	3232.10	1.485 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3496.3, but if it comes below 3496.3, then a intra day sell could be more profitable.
If you take a sell trade below 3496.3, then use 3496.3 as stoploss and 3371.26 as target. However if you take a buy trade in stock , then use 3496.3 as stoploss and 3646.4 as target.

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	2950.05
Downside Target	3011.95
Downside Target	3085.70
Downside Target	3221.00
Downside Target	3298.40
Downside Target	3385.00
Upside Target	3631.30
Upside Target	3728.50
Upside Target	3790.05
Upside Target	3950.00
Upside Target	4316.95

Intraday share price targets for Thermax (THERMAX)

Target Type	Value
Downside Intraday Target	3450.83
Downside Intraday Target	3353.67
Upside Intraday Target	3638.23
Upside Intraday Target	3728.47
Downside Intraday Target	3541.07

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri May 2025	3548.00	3450.00	3631.30	3443.90	0.645 times
16 Fri May 2025	3426.60	3402.50	3489.70	3232.10	4.324 times
09 Fri May 2025	3239.10	3261.30	3298.40	3085.70	0.695 times
02 Fri May 2025	3241.20	3444.00	3524.00	3221.00	0.428 times
25 Fri Apr 2025	3444.00	3438.90	3728.50	3385.00	2.831 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
23 Fri May 2025	3548.00	3284.90	3631.30	3085.70	0.971 times
30 Wed Apr 2025	3291.30	3635.00	3728.50	3011.95	0.663 times
28 Fri Mar 2025	3654.10	3263.05	3950.00	3125.80	0.849 times
28 Fri Feb 2025	3248.50	3790.05	3790.05	2950.05	1.243 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 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.

Price action analysis of Thermax ( (THERMAX) ) based on a short to mid 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.

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 Strong and stock is losing momentum.

MACD generated a BUY signal for Thermax in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

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

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3435.53 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 positive

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