(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 2024-03-15 View latest technical analysis
10 day averaged volume of Thermax is 95061
Date | Daily Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 3484.05 | 3610.00 | 3615.00 | 3450.00 | 5.067 times |
14 Thu Mar 2024 | 3609.75 | 3607.05 | 3640.00 | 3571.90 | 1.019 times |
13 Wed Mar 2024 | 3629.05 | 3609.75 | 3762.00 | 3542.85 | 2.152 times |
12 Tue Mar 2024 | 3618.10 | 3600.10 | 3669.70 | 3534.65 | 0.541 times |
11 Mon Mar 2024 | 3618.10 | 3669.90 | 3726.00 | 3431.60 | 1.488 times |
07 Thu Mar 2024 | 3641.70 | 3575.00 | 3677.95 | 3575.00 | 0.385 times |
06 Wed Mar 2024 | 3575.10 | 3677.95 | 3683.95 | 3551.00 | 0.891 times |
05 Tue Mar 2024 | 3675.75 | 3680.05 | 3699.00 | 3635.95 | 0.66 times |
04 Mon Mar 2024 | 3697.30 | 3666.35 | 3739.90 | 3591.25 | 0.506 times |
02 Sat Mar 2024 | 3666.60 | 3630.15 | 3698.95 | 3630.15 | 0.036 times |
Stock of Thermax (THERMAX) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 3460.6, for a target of 3550.2 or 3624.82
Share price targets for Thermax (THERMAX)
Target Type | Value |
Downside Target | 2500.25 |
Downside Target | 2559.00 |
Downside Target | 2977.00 |
Downside Target | 3167.80 |
Downside Target | 3268.00 |
Downside Target | 3431.60 |
Upside Target | 3551.00 |
Upside Target | 3739.90 |
Upside Target | 3762.00 |
Upside Target | 3772.90 |
Upside Target | 3894.95 |
Intraday share price targets for Thermax (THERMAX)
Target Type | Value |
Downside Intraday Target | 3356.43 |
Downside Intraday Target | 3228.82 |
Upside Intraday Target | 3686.83 |
Upside Intraday Target | 3889.62 |
Upside Intraday Target | 3559.22 |
Weekly technical analysis of Thermax (THERMAX)
Date | Weekly Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 3484.05 | 3669.90 | 3762.00 | 3431.60 | 4.204 times |
07 Thu Mar 2024 | 3641.70 | 3666.35 | 3739.90 | 3551.00 | 0.281 times |
02 Sat Mar 2024 | 3666.60 | 3754.85 | 3894.95 | 3519.10 | 1.014 times |
23 Fri Feb 2024 | 3739.85 | 3474.50 | 3772.90 | 3461.00 | 1.861 times |
16 Fri Feb 2024 | 3435.30 | 3390.20 | 3498.00 | 3276.05 | 0.629 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 |
15 Fri Mar 2024 | 3484.05 | 3637.25 | 3762.00 | 3431.60 | 0.547 times |
29 Thu Feb 2024 | 3637.25 | 3197.70 | 3894.95 | 3049.55 | 2.249 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 |
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 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 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 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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 but buying 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 3569.96 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.
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 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 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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 but buying 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 3569.96 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.
Click here for further forecast and predictions for tomorrow
Daily charts
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