(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 2024-03-18 View latest technical analysis
10 day averaged volume of Thermax is 2845
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 3705.10 | 3489.95 | 3727.70 | 3411.00 | 2.113 times |
| 15 Fri Mar 2024 | 3482.40 | 3633.95 | 3633.95 | 3453.20 | 1.661 times |
| 14 Thu Mar 2024 | 3611.05 | 3649.95 | 3649.95 | 3577.05 | 0.514 times |
| 13 Wed Mar 2024 | 3601.25 | 3586.60 | 3750.00 | 3546.35 | 1.477 times |
| 12 Tue Mar 2024 | 3614.30 | 3608.80 | 3663.05 | 3532.85 | 0.92 times |
| 11 Mon Mar 2024 | 3608.80 | 3674.45 | 3722.00 | 3430.35 | 2.037 times |
| 07 Thu Mar 2024 | 3646.00 | 3597.20 | 3670.10 | 3592.65 | 0.407 times |
| 06 Wed Mar 2024 | 3574.10 | 3665.90 | 3667.05 | 3555.00 | 1.443 times |
| 05 Tue Mar 2024 | 3676.45 | 3686.95 | 3696.80 | 3637.50 | 0.709 times |
| 04 Mon Mar 2024 | 3702.25 | 3659.50 | 3737.00 | 3591.85 | 0.789 times |
Stock of Thermax (Thermax) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3703.5, but if it comes below 3703.5, then a intra day sell could be more profitable.
If you take a sell trade below 3703.5, then use 3703.5 as stoploss and 3633.33 as target. However if you take a buy trade in stock , then use 3703.5 as stoploss and 3787.8 as target.
Share price targets for Thermax (Thermax)
| Target Type | Value |
| Downside Target | 2500.00 |
| Downside Target | 2979.20 |
| Downside Target | 3166.00 |
| Downside Target | 3266.90 |
| Downside Target | 3411.00 |
| Downside Target | 3523.10 |
| Upside Target | 3727.70 |
| 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 | 3501.5 |
| Downside Intraday Target | 3297.9 |
| Upside Intraday Target | 3818.2 |
| Upside Intraday Target | 3931.3 |
| Downside Intraday Target | 3614.6 |
Weekly technical analysis of Thermax (Thermax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 3705.10 | 3489.95 | 3727.70 | 3411.00 | 0.32 times |
| 15 Fri Mar 2024 | 3482.40 | 3674.45 | 3750.00 | 3430.35 | 1.974 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 |
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 |
| 18 Mon Mar 2024 | 3705.10 | 3563.10 | 3750.00 | 3411.00 | 0.297 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 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 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 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 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.
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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 3615.05 and Thermax (Thermax) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Thermax (Thermax) stock. Volume based technical analysis of Thermax (Thermax) stock is negative.
Thermax Stock is giving positive 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 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 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 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.
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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 3615.05 and Thermax (Thermax) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Thermax (Thermax) stock. Volume based technical analysis of Thermax (Thermax) stock is negative.
Thermax Stock is giving positive 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.
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