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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)

Showing technical analysis as on 2024-03-19 View latest technical analysis

10 day averaged volume of Thermax is 3434

Date Daily Closing Price Open High Low Volume
19 Tue Mar 2024 3592.70 3713.35 3713.35 3570.55 1.444 times
18 Mon Mar 2024 3705.10 3489.95 3727.70 3411.00 1.75 times
15 Fri Mar 2024 3482.40 3633.95 3633.95 3453.20 1.376 times
14 Thu Mar 2024 3611.05 3649.95 3649.95 3577.05 0.426 times
13 Wed Mar 2024 3601.25 3586.60 3750.00 3546.35 1.224 times
12 Tue Mar 2024 3614.30 3608.80 3663.05 3532.85 0.762 times
11 Mon Mar 2024 3608.80 3674.45 3722.00 3430.35 1.688 times
07 Thu Mar 2024 3646.00 3597.20 3670.10 3592.65 0.338 times
06 Wed Mar 2024 3574.10 3665.90 3667.05 3555.00 1.195 times
05 Tue Mar 2024 3676.45 3686.95 3696.80 3637.50 0.587 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 3572.3 as stoploss in an intra day buy trade for a target of 3637.44. However, stock will show a bearish move below 3572.3.

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 3426.57
Downside Intraday Target 3260.43
Upside Intraday Target 3743.27
Upside Intraday Target 3893.83
Downside Intraday Target 3577.13

Weekly technical analysis of Thermax (Thermax)

Date Weekly Closing Price Open High Low Volume
19 Tue Mar 2024 3592.70 3489.95 3727.70 3411.00 0.583 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
19 Tue Mar 2024 3592.70 3563.10 3750.00 3411.00 0.339 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Thermax ( (Thermax) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Thermax ( (Thermax) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 buy signal for Thermax in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 3606.77 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Thermax ( (Thermax) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Thermax ( (Thermax) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 buy signal for Thermax in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 3606.77 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.

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Daily charts

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