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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)

10 day averaged volume of Thermax is 145421

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 4448.55 4505.00 4586.35 4357.00 3.195 times
22 Fri Nov 2024 4488.70 4368.75 4535.00 4329.00 1.038 times
21 Thu Nov 2024 4368.75 4550.00 4585.45 4311.15 2.02 times
19 Tue Nov 2024 4632.55 4872.55 4880.00 4601.00 0.844 times
18 Mon Nov 2024 4859.45 5100.00 5165.70 4780.00 0.655 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 4381.2, for a target of 4681.5 or 4931.68

Share price targets for Thermax (THERMAX)

Target Type Value
Downside Target 4171.35
Downside Target 4265.00
Upside Target 4586.35
Upside Target 4801.55
Upside Target 5165.70
Upside Target 5215.05
Upside Target 5222.50
Upside Target 5355.00
Upside Target 5575.05
Upside Target 5719.00
Upside Target 5839.95

Intraday share price targets for Thermax (THERMAX)

Target Type Value
Downside Intraday Target 4341.58
Downside Intraday Target 4234.62
Upside Intraday Target 4570.93
Upside Intraday Target 4693.32
Upside Intraday Target 4463.97

Weekly technical analysis of Thermax (THERMAX)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 4448.55 4505.00 4586.35 4357.00 0.701 times
22 Fri Nov 2024 4488.70 5100.00 5165.70 4311.15 2.238 times
14 Thu Nov 2024 5003.85 5108.95 5355.00 4888.35 1.113 times
08 Fri Nov 2024 5131.00 4936.00 5187.35 4901.30 1.198 times
01 Fri Nov 2024 4996.95 5117.65 5222.50 4902.05 0.524 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
25 Mon Nov 2024 4448.55 4992.65 5355.00 4311.15 0.945 times
31 Thu Oct 2024 4925.45 5100.20 5719.00 4809.00 0.642 times
30 Mon Sep 2024 5100.20 4393.30 5575.05 4265.00 0.963 times
30 Fri Aug 2024 4372.80 5082.80 5215.05 4171.35 1.051 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 13, 28, 38 Sell
MACD -214, -106Sell
Stochastics 12Sell
CCI -95Buy
RSI 44Sell
OBV -814517Sell
VWAP 4618Sell
ADL 0Sell
ROC -13Sell
Force Index 0Sell

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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.

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 in or above the red cloud Prices appear to be coming down

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 positive zone. This is a BUY 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 4617.63 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.

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