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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 2025-06-23 View latest technical analysis

10 day averaged volume of Thermax is 160603

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Jun 2025	3477.70	3400.00	3505.00	3390.20	0.37 times
20 Fri Jun 2025	3423.10	3535.80	3547.70	3354.00	3.115 times
19 Thu Jun 2025	3535.80	3527.40	3620.00	3509.50	0.878 times
18 Wed Jun 2025	3508.80	3474.60	3527.20	3441.00	0.242 times
17 Tue Jun 2025	3474.60	3532.00	3554.70	3461.00	0.2 times
16 Mon Jun 2025	3531.50	3532.70	3570.00	3473.60	0.259 times
13 Fri Jun 2025	3550.80	3488.10	3591.90	3462.30	0.305 times
12 Thu Jun 2025	3570.60	3552.00	3606.00	3535.00	0.463 times
11 Wed Jun 2025	3550.60	3571.70	3659.90	3534.90	1.638 times
10 Tue Jun 2025	3557.00	3598.00	3598.00	3544.70	0.578 times

My analysis of stock is bearish for shortterm, and stock might move down till 3438.3 or till 3370. Use a stoploss of 3495.25 and if the stock hits stoploss, then it can shoot up till 3552.2

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	2950.05
Downside Target	3011.95
Downside Target	3085.70
Downside Target	3354.00
Downside Target	3462.30
Upside Target	3620.00
Upside Target	3631.30
Upside Target	3659.90
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	3410.27
Downside Intraday Target	3342.83
Upside Intraday Target	3525.07
Upside Intraday Target	3572.43
Downside Intraday Target	3457.63

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Jun 2025	3477.70	3400.00	3505.00	3390.20	0.079 times
20 Fri Jun 2025	3423.10	3532.70	3620.00	3354.00	0.884 times
13 Fri Jun 2025	3550.80	3563.90	3659.90	3462.30	1.398 times
06 Fri Jun 2025	3532.40	3415.20	3566.60	3364.10	1.293 times
30 Fri May 2025	3388.20	3564.80	3564.80	3355.00	0.739 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 Mon Jun 2025	3477.70	3415.20	3659.90	3354.00	0.953 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 but the sell signal is initial and weak.

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 in or below 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 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 3494.14 and Thermax (THERMAX) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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