Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

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)

Showing technical analysis as on 2024-03-14 View latest technical analysis

10 day averaged volume of Thermax is 2562

Date Daily Closing Price Open High Low Volume
14 Thu Mar 2024 3611.05 3649.95 3649.95 3577.05 0.571 times
13 Wed Mar 2024 3601.25 3586.60 3750.00 3546.35 1.641 times
12 Tue Mar 2024 3614.30 3608.80 3663.05 3532.85 1.022 times
11 Mon Mar 2024 3608.80 3674.45 3722.00 3430.35 2.262 times
07 Thu Mar 2024 3646.00 3597.20 3670.10 3592.65 0.452 times
06 Wed Mar 2024 3574.10 3665.90 3667.05 3555.00 1.602 times
05 Tue Mar 2024 3676.45 3686.95 3696.80 3637.50 0.787 times
04 Mon Mar 2024 3702.25 3659.50 3737.00 3591.85 0.877 times
02 Sat Mar 2024 3659.10 3653.90 3693.00 3630.00 0.048 times
01 Fri Mar 2024 3628.10 3563.10 3648.00 3563.10 0.313 times

My analysis of stock is bearish for shortterm, and stock might move down till 3539.9 or till 3443.8. Use a stoploss of 3619.98 and if the stock hits stoploss, then it can shoot up till 3700.05

Share price targets for Thermax (Thermax)

Target Type Value
Downside Target 2500.00
Downside Target 2979.20
Downside Target 3166.00
Downside Target 3430.35
Downside Target 3523.10
Downside Target 3555.00
Upside Target 3737.00
Upside Target 3750.00
Upside Target 3772.35
Upside Target 3890.00

Intraday share price targets for Thermax (Thermax)

Target Type Value
Downside Intraday Target 3444.27
Downside Intraday Target 3277.48
Upside Intraday Target 3763.92
Upside Intraday Target 3916.78
Downside Intraday Target 3597.13

Weekly technical analysis of Thermax (Thermax)

Date Weekly Closing Price Open High Low Volume
14 Thu Mar 2024 3611.05 3674.45 3750.00 3430.35 1.478 times
07 Thu Mar 2024 3646.00 3659.50 3737.00 3555.00 0.659 times
02 Sat Mar 2024 3659.10 3754.90 3890.00 3523.10 0.366 times
23 Fri Feb 2024 3738.80 3450.10 3772.35 3450.10 1.954 times
16 Fri Feb 2024 3435.35 3394.35 3500.00 3219.50 0.496 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
14 Thu Mar 2024 3611.05 3563.10 3750.00 3430.35 0.207 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
29 Fri Dec 2023 3081.65 2548.80 3166.00 2548.80 1.725 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Thermax ( (Thermax) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Weak and stock is gaining 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 stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Thermax in short term and SELL 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 3619.18 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Thermax ( (Thermax) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Weak and stock is gaining 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 stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Thermax in short term and SELL 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 3619.18 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

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart
Back to top | Use Dark Theme