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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 2024-02-13 View latest technical analysis

10 day averaged volume of Thermax is 96940

Date Daily Closing Price Open High Low Volume
13 Tue Feb 2024 3322.15 3312.00 3357.95 3290.15 0.814 times
12 Mon Feb 2024 3311.55 3390.20 3405.50 3276.05 0.749 times
09 Fri Feb 2024 3350.20 3290.00 3364.20 3206.00 1.616 times
08 Thu Feb 2024 3208.75 3339.45 3508.55 3151.05 3.137 times
07 Wed Feb 2024 3285.15 3330.00 3330.00 3209.00 0.884 times
06 Tue Feb 2024 3240.15 3129.90 3288.00 3085.25 1.198 times
05 Mon Feb 2024 3124.85 3104.50 3162.90 3058.45 0.342 times
02 Fri Feb 2024 3094.85 3138.00 3160.95 3049.55 0.396 times
01 Thu Feb 2024 3136.20 3197.70 3209.95 3103.20 0.3 times
31 Wed Jan 2024 3181.25 3095.00 3228.00 3085.55 0.906 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3251.9, but if it comes below 3251.9, then a intra day sell could be more profitable.
If you take a sell trade below 3251.9, then use 3251.9 as stoploss and 3151.72 as target. However if you take a buy trade in stock , then use 3251.9 as stoploss and 3372 as target.

Share price targets for Thermax (THERMAX)

Target Type Value
Downside Target 2500.25
Downside Target 2559.00
Downside Target 2755.30
Downside Target 2977.00
Downside Target 3145.00
Downside Target 3228.00
Downside Target 3230.00
Downside Target 3268.00
Downside Target 3276.05
Upside Target 3405.50
Upside Target 3508.55

Intraday share price targets for Thermax (THERMAX)

Target Type Value
Downside Intraday Target 3263.63
Downside Intraday Target 3205.12
Upside Intraday Target 3393.08
Upside Intraday Target 3464.02
Upside Intraday Target 3334.57

Weekly technical analysis of Thermax (THERMAX)

Date Weekly Closing Price Open High Low Volume
13 Tue Feb 2024 3322.15 3390.20 3405.50 3276.05 0.218 times
09 Fri Feb 2024 3350.20 3104.50 3508.55 3058.45 3.044 times
02 Fri Feb 2024 3094.85 3130.70 3228.00 3046.60 1.614 times
25 Thu Jan 2024 3115.10 3090.00 3145.00 2977.00 0.73 times
19 Fri Jan 2024 3075.65 3200.05 3220.00 3001.50 0.884 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
13 Tue Feb 2024 3322.15 3197.70 3508.55 3049.55 0.786 times
31 Wed Jan 2024 3181.25 3099.70 3268.00 2977.00 0.332 times
29 Fri Dec 2023 3081.50 2559.00 3167.80 2559.00 1.286 times
30 Thu Nov 2023 2535.00 2831.70 3025.00 2500.25 1.975 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 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 short 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Thermax in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 3245.74 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 is giving positive 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.

Price action analysis of Thermax ( (THERMAX) ) based on a short 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 short 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Thermax in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 3245.74 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 is giving positive 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.

Click here for Thermax charts

Click here for further forecast and predictions for tomorrow

Daily charts

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