Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-04-21 View latest technical analysis

10 day averaged volume of Thermax is 88686

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	3421.60	3438.90	3450.80	3385.00	0.359 times
17 Thu Apr 2025	3394.40	3335.00	3412.60	3311.50	0.489 times
16 Wed Apr 2025	3366.40	3240.00	3406.00	3221.50	1.073 times
15 Tue Apr 2025	3245.60	3179.20	3261.90	3112.90	1.502 times
11 Fri Apr 2025	3085.45	3192.50	3192.50	3076.00	1.253 times
09 Wed Apr 2025	3072.40	3242.85	3242.85	3052.05	2.098 times
08 Tue Apr 2025	3221.95	3293.00	3365.95	3202.20	0.69 times
07 Mon Apr 2025	3253.50	3011.95	3353.95	3011.95	0.745 times
04 Fri Apr 2025	3546.20	3550.00	3588.00	3450.00	0.366 times
03 Thu Apr 2025	3549.65	3548.25	3599.00	3518.00	0.63 times

My analysis of stock is bearish for shortterm, and stock might move down till 3253.4 or till 3041.3. Use a stoploss of 3430.24 and if the stock hits stoploss, then it can shoot up till 3607.05

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	2950.05
Downside Target	3011.95
Downside Target	3112.90
Downside Target	3365.95
Upside Target	3638.50
Upside Target	3790.05
Upside Target	3815.00
Upside Target	3950.00
Upside Target	4316.95
Upside Target	4989.00

Intraday share price targets for Thermax (THERMAX)

Target Type	Value
Downside Intraday Target	3387.47
Downside Intraday Target	3353.33
Upside Intraday Target	3453.27
Upside Intraday Target	3484.93
Downside Intraday Target	3419.13

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	3421.60	3438.90	3450.80	3385.00	0.117 times
17 Thu Apr 2025	3394.40	3179.20	3412.60	3112.90	0.64 times
11 Fri Apr 2025	3085.45	3011.95	3365.95	3011.95	1.776 times
04 Fri Apr 2025	3546.20	3635.00	3638.50	3450.00	0.245 times
28 Fri Mar 2025	3654.10	3515.00	3950.00	3428.05	1.051 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
21 Mon Apr 2025	3421.60	3635.00	3638.50	3011.95	0.325 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
31 Fri Jan 2025	3863.60	4061.65	4316.95	3460.10	1.337 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 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 BUY. 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 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 red color and prices are in or above 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 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 3244.81 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 positive

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