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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 173570

Date Daily Closing Price Open High Low Volume
22 Mon Jul 2024 4978.00 4955.25 5015.00 4940.05 1.677 times
19 Fri Jul 2024 4972.35 4980.55 5020.00 4840.00 0.798 times
18 Thu Jul 2024 4962.35 5089.55 5135.00 4905.15 1.005 times
16 Tue Jul 2024 5098.60 5170.00 5235.00 5050.55 0.729 times
15 Mon Jul 2024 5169.55 5252.25 5300.00 5096.05 0.909 times
12 Fri Jul 2024 5252.25 5275.00 5330.00 5203.20 0.32 times
11 Thu Jul 2024 5230.30 5250.00 5330.00 5159.05 0.994 times
10 Wed Jul 2024 5326.95 5550.00 5550.00 5307.00 0.575 times
09 Tue Jul 2024 5561.25 5694.00 5815.00 5531.60 0.453 times
08 Mon Jul 2024 5666.45 5655.75 5839.95 5620.50 1.216 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5059.5, but if it comes above 5059.5, then a intra day buy could be more profitable.
If you take a sell trade below 5059.5, then use 5059.5 as stoploss and 4827.4 as target. However if you take a buy trade in stock , then use 5059.5 as stoploss and 5252.99 as target.

Share price targets for Thermax (THERMAX)

Target Type Value
Downside Target 3408.95
Downside Target 4210.10
Downside Target 4412.10
Downside Target 4840.00
Upside Target 5143.95
Upside Target 5300.00
Upside Target 5475.00
Upside Target 5569.00
Upside Target 5699.95
Upside Target 5789.00
Upside Target 5839.95

Intraday share price targets for Thermax (THERMAX)

Target Type Value
Downside Intraday Target 4940.37
Downside Intraday Target 4902.73
Upside Intraday Target 5015.32
Upside Intraday Target 5052.63
Downside Intraday Target 4977.68

Weekly technical analysis of Thermax (THERMAX)

Date Weekly Closing Price Open High Low Volume
22 Mon Jul 2024 4978.00 4955.25 5015.00 4940.05 0.487 times
19 Fri Jul 2024 4972.35 5252.25 5300.00 4840.00 0.968 times
12 Fri Jul 2024 5252.25 5655.75 5839.95 5159.05 0.723 times
05 Fri Jul 2024 5631.05 5368.10 5789.00 5143.95 1.493 times
28 Fri Jun 2024 5351.00 5048.05 5475.00 5018.45 1.059 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
22 Mon Jul 2024 4978.00 5368.10 5839.95 4840.00 0.604 times
28 Fri Jun 2024 5351.00 5640.00 5699.95 4930.80 0.315 times
31 Fri May 2024 5404.65 4700.00 5569.00 4412.10 3.242 times
30 Tue Apr 2024 4669.60 4210.10 4978.90 4210.10 1.493 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 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 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 Strong and stock is losing momentum.

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

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 but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 5194.93 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 negative.

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 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 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 Strong and stock is losing momentum.

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

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 but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 5194.93 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 negative.

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

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Daily charts

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