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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 2024-12-23 View latest technical analysis

10 day averaged volume of Thermax is 2828

Date Daily Closing Price Open High Low Volume
23 Mon Dec 2024 4546.45 4652.00 4668.20 4540.00 0.555 times
20 Fri Dec 2024 4648.95 4656.25 4783.10 4488.85 1.379 times
19 Thu Dec 2024 4646.65 4647.75 4686.20 4601.00 0.698 times
18 Wed Dec 2024 4744.15 4826.30 4826.30 4713.65 0.584 times
17 Tue Dec 2024 4799.30 4910.00 5002.95 4786.60 1.15 times
16 Mon Dec 2024 4902.50 4830.00 4915.05 4784.65 1.586 times
13 Fri Dec 2024 4798.30 4771.05 4826.20 4691.65 0.957 times
12 Thu Dec 2024 4776.00 4788.95 4791.10 4724.90 0.429 times
11 Wed Dec 2024 4751.10 4647.05 4770.00 4624.65 0.856 times
10 Tue Dec 2024 4642.60 4680.00 4794.95 4617.00 1.272 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4604.2, but if it comes above 4604.2, then a intra day buy could be more profitable.
If you take a sell trade below 4604.2, then use 4604.2 as stoploss and 4495.6 as target. However if you take a buy trade in stock , then use 4604.2 as stoploss and 4694.78 as target.

Share price targets for Thermax (Thermax)

Target Type Value
Downside Target 4174.00
Downside Target 4269.00
Downside Target 4488.85
Upside Target 4826.20
Upside Target 4899.90
Upside Target 4900.00
Upside Target 5002.95
Upside Target 5213.90
Upside Target 5354.90
Upside Target 5571.35
Upside Target 5721.20

Intraday share price targets for Thermax (Thermax)

Target Type Value
Downside Intraday Target 4501.57
Downside Intraday Target 4456.68
Upside Intraday Target 4629.77
Upside Intraday Target 4713.08
Upside Intraday Target 4584.88

Weekly technical analysis of Thermax (Thermax)

Date Weekly Closing Price Open High Low Volume
23 Mon Dec 2024 4546.45 4652.00 4668.20 4540.00 0.103 times
20 Fri Dec 2024 4648.95 4830.00 5002.95 4488.85 1.172 times
13 Fri Dec 2024 4798.30 4655.05 4826.20 4613.75 0.778 times
06 Fri Dec 2024 4656.80 4590.00 4899.90 4558.80 1.061 times
29 Fri Nov 2024 4592.20 4504.95 4696.75 4357.00 0.819 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
23 Mon Dec 2024 4546.45 4590.00 5002.95 4488.85 0.823 times
29 Fri Nov 2024 4592.20 4992.00 5354.90 4319.00 0.726 times
31 Thu Oct 2024 4925.60 5079.05 5721.20 4900.00 0.701 times
30 Mon Sep 2024 5098.45 4425.00 5571.35 4269.00 0.631 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 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 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 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 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 losing 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 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 4738.63 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 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 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 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 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 losing 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 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 4738.63 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.

Click here for Thermax charts

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Daily charts

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