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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)

Showing technical analysis as on 2024-08-16 View latest technical analysis

10 day averaged volume of Thermax is 6346

Date Daily Closing Price Open High Low Volume
16 Fri Aug 2024 4374.60 4272.00 4439.95 4272.00 0.465 times
14 Wed Aug 2024 4295.30 4312.15 4327.75 4233.35 0.446 times
13 Tue Aug 2024 4311.90 4257.95 4394.20 4257.00 1.145 times
12 Mon Aug 2024 4259.10 4306.10 4356.40 4174.00 1.365 times
09 Fri Aug 2024 4356.40 4399.95 4509.85 4305.30 1.266 times
08 Thu Aug 2024 4358.80 4449.95 4483.30 4349.50 0.689 times
07 Wed Aug 2024 4390.20 4500.00 4526.40 4370.00 0.954 times
06 Tue Aug 2024 4451.05 4580.00 4628.90 4433.55 0.983 times
05 Mon Aug 2024 4533.55 4890.00 4911.10 4501.75 2.051 times
02 Fri Aug 2024 4989.75 5150.90 5193.25 4955.95 0.433 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4396.3, but if it comes above 4396.3, then a intra day buy could be more profitable.
If you take a sell trade below 4396.3, then use 4396.3 as stoploss and 3997.9 as target. However if you take a buy trade in stock , then use 4396.3 as stoploss and 4728.19 as target.

Share price targets for Thermax (Thermax)

Target Type Value
Downside Target 4174.00
Downside Target 4305.30
Upside Target 4412.15
Upside Target 4804.85
Upside Target 4979.95
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 4219.08
Downside Intraday Target 4063.57
Upside Intraday Target 4485.03
Upside Intraday Target 4595.47
Downside Intraday Target 4329.52

Weekly technical analysis of Thermax (Thermax)

Date Weekly Closing Price Open High Low Volume
16 Fri Aug 2024 4374.60 4306.10 4439.95 4174.00 0.576 times
09 Fri Aug 2024 4356.40 4890.00 4911.10 4305.30 0.895 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

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
16 Fri Aug 2024 4374.60 5068.80 5213.90 4174.00 0.387 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Thermax in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 4413.77 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Thermax in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 4413.77 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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Daily charts

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