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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.

10 day averaged volume of Thermax is 98779

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri May 2025	3388.20	3429.40	3468.50	3355.00	1.896 times
29 Thu May 2025	3418.40	3535.00	3535.00	3395.00	0.904 times
28 Wed May 2025	3485.70	3474.00	3505.50	3458.50	0.65 times
27 Tue May 2025	3451.70	3497.90	3499.50	3435.00	0.789 times
26 Mon May 2025	3483.20	3564.80	3564.80	3471.00	0.533 times
23 Fri May 2025	3548.00	3618.00	3618.00	3531.10	0.493 times
22 Thu May 2025	3597.00	3560.00	3631.30	3529.00	1.432 times
21 Wed May 2025	3542.80	3518.80	3574.00	3502.30	0.968 times
20 Tue May 2025	3501.80	3554.60	3578.80	3488.00	1.323 times
19 Mon May 2025	3512.90	3450.00	3605.40	3443.90	2.243 times

My analysis of stock is bearish for shortterm, and stock might move down till 3272.5 or till 3124.5. Use a stoploss of 3395.94 and if the stock hits stoploss, then it can shoot up till 3519.34

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
Upside Target	3443.90
Upside Target	3564.80
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	3307.2
Downside Intraday Target	3226.2
Upside Intraday Target	3517
Upside Intraday Target	3645.8
Upside Intraday Target	3436

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
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
02 Fri May 2025	3241.20	3444.00	3524.00	3221.00	0.428 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
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
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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Thermax in short term and SELL signal is strong!

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 3490.49 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.