(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 2024-07-22 View latest technical analysis
10 day averaged volume of Thermax is 10156
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Jul 2024 | 4992.45 | 4950.00 | 5003.95 | 4950.00 | 0.338 times |
| 19 Fri Jul 2024 | 4968.80 | 5029.55 | 5029.55 | 4840.70 | 0.911 times |
| 18 Thu Jul 2024 | 4964.05 | 5103.05 | 5135.00 | 4908.10 | 2.976 times |
| 16 Tue Jul 2024 | 5103.05 | 5210.00 | 5235.00 | 5080.00 | 0.331 times |
| 15 Mon Jul 2024 | 5165.90 | 5221.15 | 5268.35 | 5091.30 | 0.492 times |
| 12 Fri Jul 2024 | 5262.00 | 5237.15 | 5309.35 | 5209.15 | 0.401 times |
| 11 Thu Jul 2024 | 5233.10 | 5248.95 | 5326.00 | 5156.95 | 0.591 times |
| 10 Wed Jul 2024 | 5326.20 | 5521.40 | 5530.05 | 5316.00 | 0.45 times |
| 09 Tue Jul 2024 | 5521.40 | 5690.00 | 5817.85 | 5416.00 | 0.634 times |
| 08 Mon Jul 2024 | 5663.80 | 5650.00 | 5835.00 | 5620.65 | 1.244 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5050.5, but if it comes above 5050.5, then a intra day buy could be more profitable.
If you take a sell trade below 5050.5, then use 5050.5 as stoploss and 4818.2 as target. However if you take a buy trade in stock , then use 5050.5 as stoploss and 5244.05 as target.
Share price targets for Thermax (Thermax)
| Target Type | Value |
| Downside Target | 3411.00 |
| Downside Target | 4214.40 |
| Downside Target | 4412.15 |
| Downside Target | 4840.70 |
| Downside Target | 4940.00 |
| Upside Target | 5146.65 |
| Upside Target | 5268.35 |
| Upside Target | 5466.00 |
| Upside Target | 5572.60 |
| Upside Target | 5697.95 |
| Upside Target | 5785.00 |
| Upside Target | 5835.00 |
Intraday share price targets for Thermax (Thermax)
| Target Type | Value |
| Downside Intraday Target | 4960.32 |
| Downside Intraday Target | 4928.18 |
| Upside Intraday Target | 5014.27 |
| Upside Intraday Target | 5036.08 |
| Downside Intraday Target | 4982.13 |
Weekly technical analysis of Thermax (Thermax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Jul 2024 | 4992.45 | 4950.00 | 5003.95 | 4950.00 | 0.072 times |
| 19 Fri Jul 2024 | 4968.80 | 5221.15 | 5268.35 | 4840.70 | 1.419 times |
| 12 Fri Jul 2024 | 5262.00 | 5650.00 | 5835.00 | 5156.95 | 0.993 times |
| 05 Fri Jul 2024 | 5619.25 | 5350.05 | 5785.00 | 5146.65 | 0.935 times |
| 28 Fri Jun 2024 | 5348.45 | 5129.95 | 5466.00 | 5016.00 | 1.959 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 |
| 22 Mon Jul 2024 | 4992.45 | 5350.05 | 5835.00 | 4840.70 | 0.07 times |
| 28 Fri Jun 2024 | 5348.45 | 5690.00 | 5697.95 | 4940.00 | 5.833 times |
| 31 Fri May 2024 | 5400.25 | 4686.25 | 5572.60 | 4412.15 | 2.651 times |
| 30 Tue Apr 2024 | 4670.70 | 4214.40 | 4979.95 | 4214.40 | 1.26 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 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 SELL signal in short term and selling is picking up 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 5182.09 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.
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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 SELL signal in short term and selling is picking up 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 5182.09 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.
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