(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 2024-08-05 View latest technical analysis
10 day averaged volume of Thermax is 6310
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 4533.55 | 4890.00 | 4911.10 | 4501.75 | 2.063 times |
| 02 Fri Aug 2024 | 4989.75 | 5150.90 | 5193.25 | 4955.95 | 0.435 times |
| 01 Thu Aug 2024 | 5175.95 | 5068.80 | 5213.90 | 5068.80 | 0.672 times |
| 31 Wed Jul 2024 | 5068.75 | 5099.85 | 5112.00 | 5020.20 | 0.614 times |
| 30 Tue Jul 2024 | 5065.25 | 5083.65 | 5084.95 | 5026.65 | 0.279 times |
| 29 Mon Jul 2024 | 5050.10 | 5063.05 | 5144.05 | 5035.10 | 4.675 times |
| 26 Fri Jul 2024 | 5062.55 | 4999.95 | 5082.85 | 4951.00 | 0.585 times |
| 25 Thu Jul 2024 | 4942.80 | 4939.70 | 5021.20 | 4906.40 | 0.622 times |
| 24 Wed Jul 2024 | 4940.25 | 5074.00 | 5074.00 | 4905.00 | 0.619 times |
| 23 Tue Jul 2024 | 4976.30 | 5000.00 | 5045.00 | 4804.85 | 0.956 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 4595.6, for a target of 4870.9 or 5100.3
Share price targets for Thermax (Thermax)
| Target Type | Value |
| Downside Target | 4214.40 |
| Downside Target | 4412.15 |
| Downside Target | 4501.75 |
| Upside Target | 4804.85 |
| Upside Target | 5082.85 |
| Upside Target | 5213.90 |
| Upside Target | 5268.35 |
| Upside Target | 5572.60 |
| Upside Target | 5697.95 |
| Upside Target | 5835.00 |
Intraday share price targets for Thermax (Thermax)
| Target Type | Value |
| Downside Intraday Target | 4386.5 |
| Downside Intraday Target | 4239.45 |
| Upside Intraday Target | 4795.85 |
| Upside Intraday Target | 5058.15 |
| Upside Intraday Target | 4648.8 |
Weekly technical analysis of Thermax (Thermax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 4533.55 | 4890.00 | 4911.10 | 4501.75 | 0.309 times |
| 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 |
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 |
| 05 Mon Aug 2024 | 4533.55 | 5068.80 | 5213.90 | 4501.75 | 0.117 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Thermax ( (Thermax) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
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 and SELL signal is strong!
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 4946.84 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Thermax ( (Thermax) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
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 and SELL signal is strong!
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 4946.84 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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