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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 150187

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Feb 2025	3388.05	3292.00	3424.00	3265.00	0.759 times
06 Thu Feb 2025	3315.50	3349.65	3356.90	3233.60	1.275 times
05 Wed Feb 2025	3345.05	3456.00	3500.00	3325.00	2.118 times
04 Tue Feb 2025	3542.05	3650.15	3689.95	3456.00	1.862 times
03 Mon Feb 2025	3575.75	3790.05	3790.05	3529.95	2.022 times
31 Fri Jan 2025	3863.60	3692.75	3992.60	3648.05	0.61 times
30 Thu Jan 2025	3683.25	3760.95	3767.65	3662.85	0.311 times
29 Wed Jan 2025	3760.95	3632.40	3799.90	3620.20	0.685 times
28 Tue Jan 2025	3632.40	3580.10	3674.50	3460.10	0.461 times
27 Mon Jan 2025	3595.55	3714.00	3714.00	3550.10	0.335 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3502.7, but if it comes above 3502.7, then a intra day buy could be more profitable.
If you take a sell trade below 3502.7, then use 3502.7 as stoploss and 3252.4 as target. However if you take a buy trade in stock , then use 3502.7 as stoploss and 3711.32 as target.

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	3233.60
Upside Target	3460.10
Upside Target	3613.05
Upside Target	3690.10
Upside Target	3992.60
Upside Target	4220.25
Upside Target	4246.80
Upside Target	4311.15
Upside Target	4316.95
Upside Target	4809.00
Upside Target	4989.00
Upside Target	5355.00
Upside Target	5719.00

Intraday share price targets for Thermax (THERMAX)

Target Type	Value
Downside Intraday Target	3151.08
Downside Intraday Target	2914.12
Upside Intraday Target	3707.53
Upside Intraday Target	4027.02
Upside Intraday Target	3470.57

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Feb 2025	3388.05	3790.05	3790.05	3233.60	3.346 times
31 Fri Jan 2025	3863.60	3714.00	3992.60	3460.10	0.746 times
24 Fri Jan 2025	3722.10	3964.00	4048.75	3690.10	0.48 times
17 Fri Jan 2025	3964.00	3767.35	4246.80	3613.05	2.615 times
10 Fri Jan 2025	3767.35	4197.00	4220.25	3720.00	0.349 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Thermax (THERMAX)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Feb 2025	3388.05	3790.05	3790.05	3233.60	0.428 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
29 Fri Nov 2024	4590.10	4992.65	5355.00	4311.15	1.209 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 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 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 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 SELL signal for Thermax in short term and the sell signal is strong.

Thermax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 SELL signal in short term and selling is picking up 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 3512.8 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 negative.

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