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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 6790

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 4559.10 4670.00 4670.00 4490.00 0.414 times
06 Mon May 2024 4649.55 4728.35 4730.95 4517.15 0.629 times
03 Fri May 2024 4761.10 4681.25 4798.75 4649.90 0.54 times
02 Thu May 2024 4693.00 4686.25 4721.00 4600.00 2.085 times
30 Tue Apr 2024 4670.70 4495.00 4719.85 4495.00 1.224 times
29 Mon Apr 2024 4452.75 4448.65 4550.00 4395.30 0.779 times
26 Fri Apr 2024 4366.75 4341.00 4410.00 4311.50 0.635 times
25 Thu Apr 2024 4305.95 4440.15 4456.00 4259.50 0.901 times
24 Wed Apr 2024 4435.40 4619.55 4628.00 4393.90 0.556 times
23 Tue Apr 2024 4542.85 4688.70 4710.15 4515.00 0.756 times

My analysis of stock is bearish for shortterm, and stock might move down till 4454.7 or till 4299.5. Use a stoploss of 4583.97 and if the stock hits stoploss, then it can shoot up till 4713.27

Share price targets for Thermax (Thermax)

Target Type Value
Downside Target 2979.20
Downside Target 3050.00
Downside Target 3266.90
Downside Target 3411.00
Downside Target 3890.00
Downside Target 4214.40
Downside Target 4395.30
Downside Target 4490.00
Upside Target 4682.95
Upside Target 4798.75
Upside Target 4877.95
Upside Target 4979.95

Intraday share price targets for Thermax (Thermax)

Target Type Value
Downside Intraday Target 4455.75
Downside Intraday Target 4352.4
Upside Intraday Target 4696.7
Upside Intraday Target 4834.3
Upside Intraday Target 4593.35

Weekly technical analysis of Thermax (Thermax)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 4559.10 4728.35 4730.95 4490.00 0.225 times
03 Fri May 2024 4761.10 4448.65 4798.75 4395.30 0.976 times
26 Fri Apr 2024 4366.75 4852.95 4979.95 4259.50 1.09 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

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
07 Tue May 2024 4559.10 4686.25 4798.75 4490.00 0.227 times
30 Tue Apr 2024 4670.70 4214.40 4979.95 4214.40 1.26 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY. 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 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 tired and bears are picking up momentum.

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 but SELL 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 4567.02 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY. 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 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 tired and bears are picking up momentum.

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 but SELL 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 4567.02 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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