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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)

10 day averaged volume of Thermax is 5927

Date Daily Closing Price Open High Low Volume
25 Thu Apr 2024 4305.95 4440.15 4456.00 4259.50 1.033 times
24 Wed Apr 2024 4435.40 4619.55 4628.00 4393.90 0.637 times
23 Tue Apr 2024 4542.85 4688.70 4710.15 4515.00 0.866 times
22 Mon Apr 2024 4596.10 4852.95 4979.95 4577.05 2.17 times
19 Fri Apr 2024 4814.60 4738.75 4877.95 4727.00 0.995 times
18 Thu Apr 2024 4736.60 4580.35 4780.95 4580.35 1.162 times
16 Tue Apr 2024 4665.50 4739.60 4803.05 4640.00 0.851 times
15 Mon Apr 2024 4723.80 4515.05 4874.00 4511.00 1.978 times
12 Fri Apr 2024 4548.25 4535.70 4576.20 4504.50 0.475 times
10 Wed Apr 2024 4541.95 4639.95 4639.95 4525.00 0.479 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4286 as stoploss in an intra day buy trade for a target of 4476.66. However, stock will show a bearish move below 4286.

Share price targets for Thermax (Thermax)

Target Type Value
Downside Target 2548.80
Downside Target 2979.20
Downside Target 3050.00
Downside Target 3166.00
Downside Target 3266.90
Downside Target 3411.00
Downside Target 3890.00
Downside Target 4214.40
Upside Target 4504.50
Upside Target 4643.35
Upside Target 4682.95
Upside Target 4877.95
Upside Target 4979.95

Intraday share price targets for Thermax (Thermax)

Target Type Value
Downside Intraday Target 4050.32
Downside Intraday Target 3794.68
Upside Intraday Target 4770.77
Upside Intraday Target 5235.58
Upside Intraday Target 4515.13

Weekly technical analysis of Thermax (Thermax)

Date Weekly Closing Price Open High Low Volume
25 Thu Apr 2024 4305.95 4852.95 4979.95 4259.50 0.944 times
19 Fri Apr 2024 4814.60 4515.05 4877.95 4511.00 2.7 times
12 Fri Apr 2024 4548.25 4526.05 4682.95 4504.50 0.472 times
05 Fri Apr 2024 4513.75 4214.40 4643.35 4214.40 1.046 times
28 Thu Mar 2024 4195.50 3900.60 4288.00 3899.00 0.625 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
25 Thu Apr 2024 4305.95 4214.40 4979.95 4214.40 1.054 times
28 Thu Mar 2024 4195.50 3563.10 4288.00 3411.00 0.732 times
29 Thu Feb 2024 3635.80 3200.05 3890.00 3050.00 0.468 times
31 Wed Jan 2024 3180.75 3081.40 3266.90 2979.20 1.681 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 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 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 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 losing momentum.

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

Thermax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 4614.49 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 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 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 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 losing momentum.

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

Thermax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 4614.49 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 Thermax charts

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Daily charts

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