(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 2024-08-02 View latest technical analysis
10 day averaged volume of Thermax is 6961
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 4989.75 | 5150.90 | 5193.25 | 4955.95 | 0.395 times |
| 01 Thu Aug 2024 | 5175.95 | 5068.80 | 5213.90 | 5068.80 | 0.609 times |
| 31 Wed Jul 2024 | 5068.75 | 5099.85 | 5112.00 | 5020.20 | 0.557 times |
| 30 Tue Jul 2024 | 5065.25 | 5083.65 | 5084.95 | 5026.65 | 0.253 times |
| 29 Mon Jul 2024 | 5050.10 | 5063.05 | 5144.05 | 5035.10 | 4.238 times |
| 26 Fri Jul 2024 | 5062.55 | 4999.95 | 5082.85 | 4951.00 | 0.53 times |
| 25 Thu Jul 2024 | 4942.80 | 4939.70 | 5021.20 | 4906.40 | 0.563 times |
| 24 Wed Jul 2024 | 4940.25 | 5074.00 | 5074.00 | 4905.00 | 0.561 times |
| 23 Tue Jul 2024 | 4976.30 | 5000.00 | 5045.00 | 4804.85 | 0.867 times |
| 22 Mon Jul 2024 | 4992.45 | 4950.00 | 5003.95 | 4950.00 | 0.493 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 4937.6 as stoploss in an intra day buy trade for a target of 5154.59. However, stock will show a bearish move below 4937.6.
Share price targets for Thermax (Thermax)
| Target Type | Value |
| Downside Target | 4214.40 |
| Downside Target | 4412.15 |
| Downside Target | 4804.85 |
| Downside Target | 4940.00 |
| Upside Target | 5082.85 |
| Upside Target | 5213.90 |
| Upside Target | 5268.35 |
| 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 | 4892.5 |
| Downside Intraday Target | 4795.25 |
| Upside Intraday Target | 5150.45 |
| Upside Intraday Target | 5311.15 |
| Upside Intraday Target | 5053.2 |
Weekly technical analysis of Thermax (Thermax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 4989.75 | 5063.05 | 5213.90 | 4955.95 | 2.008 times |
| 26 Fri Jul 2024 | 5062.55 | 4950.00 | 5082.85 | 4804.85 | 0.439 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Thermax (Thermax)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 4989.75 | 5068.80 | 5213.90 | 4955.95 | 0.041 times |
| 31 Wed Jul 2024 | 5068.75 | 5350.05 | 5835.00 | 4804.85 | 0.101 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 |
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Thermax ( (Thermax) ) based on a short 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.
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 Weak 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Thermax in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 5034.57 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 is giving positive 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Thermax ( (Thermax) ) based on a short 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.
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 Weak 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Thermax in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 5034.57 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 is giving positive 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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