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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 2025-02-24 View latest technical analysis

10 day averaged volume of Thermax is 166152

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Feb 2025	3285.20	3254.00	3326.80	3210.15	0.453 times
21 Fri Feb 2025	3321.55	3330.00	3388.00	3254.15	0.412 times
20 Thu Feb 2025	3328.55	3321.00	3409.95	3293.20	0.967 times
19 Wed Feb 2025	3339.65	3147.50	3443.95	3134.20	2.378 times
18 Tue Feb 2025	3211.75	3039.95	3249.00	2983.65	2.398 times
17 Mon Feb 2025	3011.45	3080.00	3107.70	2950.05	0.68 times
14 Fri Feb 2025	3109.00	3141.00	3203.00	3051.15	0.472 times
13 Thu Feb 2025	3177.50	3167.50	3260.50	3163.10	0.429 times
12 Wed Feb 2025	3181.60	3133.00	3257.70	3062.00	1.114 times
11 Tue Feb 2025	3165.30	3246.00	3262.50	3103.00	0.773 times

My analysis of stock is bearish for shortterm, and stock might move down till 3152.8 or till 2885.1. Use a stoploss of 3375.85 and if the stock hits stoploss, then it can shoot up till 3598.93

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	2950.05
Downside Target	3051.15
Downside Target	3210.15
Upside Target	3326.80
Upside Target	3790.05
Upside Target	3992.60
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	3221.3
Downside Intraday Target	3157.4
Upside Intraday Target	3337.95
Upside Intraday Target	3390.7
Downside Intraday Target	3274.05

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Feb 2025	3285.20	3254.00	3326.80	3210.15	0.066 times
21 Fri Feb 2025	3321.55	3080.00	3443.95	2950.05	2.16 times
14 Fri Feb 2025	3109.00	3351.00	3387.10	3051.15	0.436 times
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

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
24 Mon Feb 2025	3285.20	3790.05	3790.05	2950.05	1.044 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 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 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 gaining momentum.

MACD generated a BUY signal for Thermax in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 3234.24 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 negative.

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