(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 2024-08-28 View latest technical analysis
10 day averaged volume of Thermax is 11259
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 4443.05 | 4440.40 | 4466.70 | 4390.10 | 0.383 times |
| 27 Tue Aug 2024 | 4440.40 | 4498.95 | 4498.95 | 4430.00 | 0.338 times |
| 26 Mon Aug 2024 | 4435.95 | 4568.65 | 4568.65 | 4334.25 | 6.712 times |
| 23 Fri Aug 2024 | 4480.80 | 4658.95 | 4658.95 | 4459.05 | 0.561 times |
| 22 Thu Aug 2024 | 4567.65 | 4505.00 | 4601.10 | 4504.95 | 0.678 times |
| 21 Wed Aug 2024 | 4501.45 | 4330.00 | 4539.35 | 4330.00 | 0.215 times |
| 20 Tue Aug 2024 | 4375.00 | 4359.45 | 4401.10 | 4291.00 | 0.12 times |
| 19 Mon Aug 2024 | 4305.65 | 4407.30 | 4432.45 | 4294.35 | 0.218 times |
| 16 Fri Aug 2024 | 4374.60 | 4272.00 | 4439.95 | 4272.00 | 0.262 times |
| 14 Wed Aug 2024 | 4295.30 | 4312.15 | 4327.75 | 4233.35 | 0.251 times |
My analysis of stock is bearish for shortterm, and stock might move down till 4251.2 or till 3945.7. Use a stoploss of 4505.77 and if the stock hits stoploss, then it can shoot up till 4760.33
Share price targets for Thermax (Thermax)
| Target Type | Value |
| Downside Target | 4174.00 |
| Upside Target | 4568.65 |
| Upside Target | 4804.85 |
| Upside Target | 4911.10 |
| Upside Target | 4940.00 |
| Upside Target | 4955.95 |
| Upside Target | 4979.95 |
| Upside Target | 5213.90 |
| 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 | 4328.65 |
| Downside Intraday Target | 4214.25 |
| Upside Intraday Target | 4563.05 |
| Upside Intraday Target | 4683.05 |
| Upside Intraday Target | 4448.65 |
Weekly technical analysis of Thermax (Thermax)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 4443.05 | 4568.65 | 4568.65 | 4334.25 | 4.147 times |
| 23 Fri Aug 2024 | 4480.80 | 4407.30 | 4658.95 | 4291.00 | 0.929 times |
| 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 |
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 |
| 28 Wed Aug 2024 | 4443.05 | 5068.80 | 5213.90 | 4174.00 | 0.992 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Thermax in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. 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 moving up
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 4440.64 and Thermax (Thermax) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Thermax in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. 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 moving up
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 4440.64 and Thermax (Thermax) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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