Login or Join
 Learn then Earn

(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 5863

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 4692.45 4574.95 4771.00 4574.95 1.008 times
07 Tue May 2024 4559.10 4670.00 4670.00 4490.00 0.479 times
06 Mon May 2024 4649.55 4728.35 4730.95 4517.15 0.729 times
03 Fri May 2024 4761.10 4681.25 4798.75 4649.90 0.625 times
02 Thu May 2024 4693.00 4686.25 4721.00 4600.00 2.415 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 4723.2 as stoploss in an intra day sell trade for a target of 4592.9. However, stock will show a bullish move above 4723.2.

Share price targets for Thermax (Thermax)

Target Type Value
Downside Target 2979.20
Downside Target 3050.00
Downside Target 3266.90
Downside Target 3411.00
Downside Target 3890.00
Downside Target 4214.40
Downside Target 4395.30
Downside Target 4490.00
Downside Target 4682.95
Upside Target 4798.75
Upside Target 4877.95
Upside Target 4979.95

Intraday share price targets for Thermax (Thermax)

Target Type Value
Downside Intraday Target 4531.3
Downside Intraday Target 4370.15
Upside Intraday Target 4812.3
Upside Intraday Target 4932.15
Downside Intraday Target 4651.15

Weekly technical analysis of Thermax (Thermax)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 4692.45 4728.35 4771.00 4490.00 0.414 times
03 Fri May 2024 4761.10 4448.65 4798.75 4395.30 0.976 times
26 Fri Apr 2024 4366.75 4852.95 4979.95 4259.50 1.09 times
19 Fri Apr 2024 4814.60 4515.05 4877.95 4511.00 2.7 times
12 Fri Apr 2024 4548.25 4526.05 4682.95 4504.50 0.472 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
08 Wed May 2024 4692.45 4686.25 4798.75 4490.00 0.281 times
30 Tue Apr 2024 4670.70 4214.40 4979.95 4214.40 1.26 times
28 Thu Mar 2024 4195.50 3563.10 4288.00 3411.00 0.732 times
29 Thu Feb 2024 3635.80 3200.05 3890.00 3050.00 0.468 times

Price has moved up 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 27, 18, 20 Buy
MACD 311, 335Sell
Stochastics 63None
CCI 71Buy
RSI 51Buy
OBV 34571Sell
VWAP 4582Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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 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.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Thermax in short term but the sell signal is initial and weak.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Thermax in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 4581.78 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 positive

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

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme