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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 4041

Date Daily Closing Price Open High Low Volume
24 Fri Sep 2021 1397.55 1417.95 1417.95 1391.90 0.254 times
23 Thu Sep 2021 1394.65 1411.40 1417.65 1385.25 0.926 times
22 Wed Sep 2021 1409.05 1443.45 1443.45 1401.00 0.956 times
21 Tue Sep 2021 1449.50 1460.00 1466.40 1423.05 0.997 times
20 Mon Sep 2021 1464.55 1453.00 1472.90 1445.00 1.486 times
17 Fri Sep 2021 1478.75 1472.00 1483.85 1443.60 0.935 times
16 Thu Sep 2021 1473.15 1465.10 1492.40 1461.60 0.735 times
15 Wed Sep 2021 1481.90 1478.55 1496.10 1467.20 2.088 times
14 Tue Sep 2021 1465.00 1460.00 1471.15 1446.55 0.885 times
13 Mon Sep 2021 1427.85 1403.65 1440.00 1403.15 0.317 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 1394.3 as stoploss in an intra day buy trade for a target of 1425.69. However, stock will show a bearish move below 1394.3.

Share price targets for Thermax (Thermax)

Target Type Value
Downside Target 1288.35
Downside Target 1332.80
Upside Target 1435.55
Upside Target 1441.20
Upside Target 1472.90
Upside Target 1475.00
Upside Target 1496.10
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 1364.23
Downside Intraday Target 1330.92
Upside Intraday Target 1451.88
Upside Intraday Target 1506.22
Upside Intraday Target 1418.57

Weekly technical analysis of Thermax (Thermax)

Date Weekly Closing Price Open High Low Volume
24 Fri Sep 2021 1397.55 1453.00 1472.90 1385.25 0.931 times
17 Fri Sep 2021 1478.75 1403.65 1496.10 1403.15 1.108 times
09 Thu Sep 2021 1401.65 1444.65 1475.00 1386.95 1.051 times
03 Fri Sep 2021 1427.70 1357.00 1441.20 1353.00 1.4 times
27 Fri Aug 2021 1373.65 1380.05 1420.00 1332.80 1.014 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
24 Fri Sep 2021 1397.55 1407.00 1496.10 1375.50 0.971 times
31 Tue Aug 2021 1407.00 1412.15 1435.55 1288.35 1.02 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

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 18, 21, 6 Sell
MACD 10, 18Sell
Stochastics 13Sell
CCI -104Buy
RSI 52Buy
OBV 145Sell
VWAP 1454Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

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 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Thermax in short term but the sell signal is initial and weak.

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 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 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 1453.57 and Thermax (Thermax) stock is trading below this level. This means that stock is falling with high volumes. 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 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

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Daily chart

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