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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 2025-06-04 View latest technical analysis

10 day averaged volume of Thermax is 88368

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Jun 2025	3515.00	3394.70	3528.20	3384.90	3.837 times
03 Tue Jun 2025	3390.30	3460.00	3470.00	3364.10	0.659 times
02 Mon Jun 2025	3448.70	3415.20	3475.00	3405.10	0.774 times
30 Fri May 2025	3388.20	3429.40	3468.50	3355.00	2.119 times
29 Thu May 2025	3418.40	3535.00	3535.00	3395.00	1.01 times
28 Wed May 2025	3485.70	3474.00	3505.50	3458.50	0.727 times
27 Tue May 2025	3451.70	3497.90	3499.50	3435.00	0.882 times
26 Mon May 2025	3483.20	3564.80	3564.80	3471.00	0.596 times
23 Fri May 2025	3548.00	3618.00	3618.00	3531.10	0.551 times
22 Thu May 2025	3597.00	3560.00	3631.30	3529.00	1.6 times

Stock of Thermax (THERMAX) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3534.1 as stoploss in an intra day sell trade for a target of 3428.03. However, stock will show a bullish move above 3534.1.

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	2950.05
Downside Target	3011.95
Downside Target	3085.70
Downside Target	3232.10
Downside Target	3298.40
Downside Target	3443.90
Upside Target	3528.20
Upside Target	3564.80
Upside Target	3631.30
Upside Target	3728.50
Upside Target	3790.05
Upside Target	3950.00

Intraday share price targets for Thermax (THERMAX)

Target Type	Value
Downside Intraday Target	3410
Downside Intraday Target	3305
Upside Intraday Target	3574.1
Upside Intraday Target	3633.2
Downside Intraday Target	3469.1

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Jun 2025	3515.00	3415.20	3528.20	3364.10	0.988 times
30 Fri May 2025	3388.20	3564.80	3564.80	3355.00	0.739 times
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

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
04 Wed Jun 2025	3515.00	3415.20	3528.20	3364.10	0.195 times
30 Fri May 2025	3388.20	3284.90	3631.30	3085.70	1.21 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

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 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 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 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 SELL. 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.

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 green color and prices are above the green 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 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 3480 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 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.