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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 2313

Date Daily Closing Price Open High Low Volume
04 Wed Aug 2021 1385.90 1395.00 1435.55 1370.00 2.129 times
03 Tue Aug 2021 1402.35 1393.60 1425.80 1393.60 0.803 times
02 Mon Aug 2021 1406.70 1412.15 1427.25 1397.15 1.261 times
30 Fri Jul 2021 1417.40 1431.70 1443.80 1413.00 0.401 times
29 Thu Jul 2021 1420.95 1425.55 1431.80 1406.50 0.795 times
28 Wed Jul 2021 1415.60 1413.20 1430.00 1391.25 1.8 times
27 Tue Jul 2021 1409.40 1426.80 1432.15 1405.90 0.452 times
26 Mon Jul 2021 1418.15 1421.00 1443.50 1413.75 0.396 times
23 Fri Jul 2021 1429.45 1433.25 1442.85 1404.60 1.284 times
22 Thu Jul 2021 1442.85 1390.10 1450.05 1390.10 1.11 times

Stock of Thermax (Thermax) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1381.1, for a target of 1403 or 1421.31

Share price targets for Thermax (Thermax)

Target Type Value
Downside Target 1262.25
Downside Target 1369.50
Upside Target 1435.55
Upside Target 1443.80
Upside Target 1450.05
Upside Target 1457.90
Upside Target 1520.00
Upside Target 1520.75
Upside Target 1544.15
Upside Target 1550.00
Upside Target 1569.70

Intraday share price targets for Thermax (Thermax)

Target Type Value
Downside Intraday Target 1358.75
Downside Intraday Target 1331.6
Upside Intraday Target 1424.3
Upside Intraday Target 1462.7
Upside Intraday Target 1397.15

Weekly technical analysis of Thermax (Thermax)

Date Weekly Closing Price Open High Low Volume
04 Wed Aug 2021 1385.90 1412.15 1435.55 1370.00 1.091 times
30 Fri Jul 2021 1417.40 1421.00 1443.80 1391.25 0.825 times
23 Fri Jul 2021 1429.45 1417.50 1450.05 1388.75 0.725 times
16 Fri Jul 2021 1427.20 1445.05 1457.90 1405.80 1.152 times
09 Fri Jul 2021 1441.40 1480.00 1520.00 1428.00 0.43 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
04 Wed Aug 2021 1385.90 1412.15 1435.55 1370.00 0.143 times
30 Fri Jul 2021 1417.40 1489.25 1544.15 1388.75 0.69 times
30 Wed Jun 2021 1487.05 1420.00 1569.70 1369.50 1.097 times
31 Mon May 2021 1428.85 1486.35 1550.00 1381.10 1.673 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)

Indicator Name Indicator Value Indicator Signal
ADX 11, 20, 29 Sell
MACD -20, -16Sell
Stochastics 24Sell
CCI -162Sell
RSI 64Buy
OBV -23126Sell
VWAP 1412Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Thermax stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Thermax in short term and the sell signal is strong.

Thermax Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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 1412.35 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 negative.

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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