(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 2024-08-06 View latest technical analysis
10 day averaged volume of Thermax is 7269
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 4451.05 | 4580.00 | 4628.90 | 4433.55 | 0.858 times |
| 05 Mon Aug 2024 | 4533.55 | 4890.00 | 4911.10 | 4501.75 | 1.791 times |
| 02 Fri Aug 2024 | 4989.75 | 5150.90 | 5193.25 | 4955.95 | 0.378 times |
| 01 Thu Aug 2024 | 5175.95 | 5068.80 | 5213.90 | 5068.80 | 0.584 times |
| 31 Wed Jul 2024 | 5068.75 | 5099.85 | 5112.00 | 5020.20 | 0.533 times |
| 30 Tue Jul 2024 | 5065.25 | 5083.65 | 5084.95 | 5026.65 | 0.242 times |
| 29 Mon Jul 2024 | 5050.10 | 5063.05 | 5144.05 | 5035.10 | 4.058 times |
| 26 Fri Jul 2024 | 5062.55 | 4999.95 | 5082.85 | 4951.00 | 0.508 times |
| 25 Thu Jul 2024 | 4942.80 | 4939.70 | 5021.20 | 4906.40 | 0.54 times |
| 24 Wed Jul 2024 | 4940.25 | 5074.00 | 5074.00 | 4905.00 | 0.537 times |
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 4527.7, for a target of 4807 or 5039.66
Share price targets for Thermax (Thermax)
| Target Type | Value |
| Downside Target | 4214.40 |
| Downside Target | 4412.15 |
| Upside Target | 4804.85 |
| Upside Target | 5082.85 |
| Upside Target | 5156.95 |
| 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 | 4286.03 |
| Downside Intraday Target | 4121.02 |
| Upside Intraday Target | 4763.58 |
| Upside Intraday Target | 5076.12 |
| Upside Intraday Target | 4598.57 |
Weekly technical analysis of Thermax (Thermax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 4451.05 | 4890.00 | 4911.10 | 4433.55 | 0.457 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 |
| 06 Tue Aug 2024 | 4451.05 | 5068.80 | 5213.90 | 4433.55 | 0.153 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 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 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 but selling 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 4902 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 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 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 but selling 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 4902 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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