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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 2024-03-20 View latest technical analysis

10 day averaged volume of Thermax is 3705

Date Daily Closing Price Open High Low Volume
20 Wed Mar 2024 3685.65 3676.95 3730.00 3584.70 1.172 times
19 Tue Mar 2024 3592.70 3713.35 3713.35 3570.55 1.338 times
18 Mon Mar 2024 3705.10 3489.95 3727.70 3411.00 1.622 times
15 Fri Mar 2024 3482.40 3633.95 3633.95 3453.20 1.275 times
14 Thu Mar 2024 3611.05 3649.95 3649.95 3577.05 0.395 times
13 Wed Mar 2024 3601.25 3586.60 3750.00 3546.35 1.134 times
12 Tue Mar 2024 3614.30 3608.80 3663.05 3532.85 0.707 times
11 Mon Mar 2024 3608.80 3674.45 3722.00 3430.35 1.564 times
07 Thu Mar 2024 3646.00 3597.20 3670.10 3592.65 0.313 times
06 Wed Mar 2024 3574.10 3665.90 3667.05 3555.00 1.108 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3706.8 as stoploss in an intra day sell trade for a target of 3644.45. However, stock will show a bullish move above 3706.8.

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 3730.00
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 3487.77
Downside Intraday Target 3289.88
Upside Intraday Target 3806.77
Upside Intraday Target 3927.88
Downside Intraday Target 3608.88

Weekly technical analysis of Thermax (Thermax)

Date Weekly Closing Price Open High Low Volume
20 Wed Mar 2024 3685.65 3489.95 3730.00 3411.00 0.814 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
20 Wed Mar 2024 3685.65 3563.10 3750.00 3411.00 0.376 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 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 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 to mid 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Thermax Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 and BUY signal is strong.

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

Although the stock is in the BUY zone, but buying 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 3611.9 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 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 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 to mid 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Thermax Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 and BUY signal is strong.

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

Although the stock is in the BUY zone, but buying 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 3611.9 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.

Click here for Thermax charts

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Daily charts

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