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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 68896

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon May 2025	3297.00	3402.50	3405.10	3232.10	3.535 times
09 Fri May 2025	3239.10	3103.70	3252.00	3085.70	0.887 times
08 Thu May 2025	3156.10	3274.00	3274.00	3140.00	0.744 times
07 Wed May 2025	3243.10	3181.00	3250.00	3144.60	0.698 times
06 Tue May 2025	3219.40	3255.10	3298.40	3186.00	0.447 times
05 Mon May 2025	3249.70	3261.30	3271.30	3228.10	0.547 times
02 Fri May 2025	3241.20	3284.90	3305.00	3230.00	0.875 times
30 Wed Apr 2025	3291.30	3346.50	3394.80	3221.00	1.516 times
29 Tue Apr 2025	3346.40	3438.00	3438.00	3328.00	1.232 times
28 Mon Apr 2025	3410.70	3444.00	3524.00	3394.30	1.159 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 bearish for shortterm, and stock might move down till 3179 or till 3018.4. Use a stoploss of 3312.93 and if the stock hits stoploss, then it can shoot up till 3446.82

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
Upside Target	3298.40
Upside Target	3385.00
Upside Target	3460.10
Upside Target	3524.00
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	3217.7
Downside Intraday Target	3138.4
Upside Intraday Target	3390.7
Upside Intraday Target	3484.4
Upside Intraday Target	3311.4

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon May 2025	3297.00	3402.50	3405.10	3232.10	1.064 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
17 Thu Apr 2025	3394.40	3179.20	3412.60	3112.90	0.64 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
12 Mon May 2025	3297.00	3284.90	3405.10	3085.70	0.27 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 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Thermax in short term and the sell 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 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 and BUY signal is strong.

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 3286.77 and Thermax (THERMAX) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.