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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 2024-03-22 View latest technical analysis

10 day averaged volume of Thermax is 4928

Date Daily Closing Price Open High Low Volume
22 Fri Mar 2024 3898.75 3859.90 3945.45 3854.00 1.248 times
21 Thu Mar 2024 3855.30 3708.85 3982.00 3700.00 2.842 times
20 Wed Mar 2024 3685.65 3676.95 3730.00 3584.70 0.881 times
19 Tue Mar 2024 3592.70 3713.35 3713.35 3570.55 1.006 times
18 Mon Mar 2024 3705.10 3489.95 3727.70 3411.00 1.22 times
15 Fri Mar 2024 3482.40 3633.95 3633.95 3453.20 0.959 times
14 Thu Mar 2024 3611.05 3649.95 3649.95 3577.05 0.297 times
13 Wed Mar 2024 3601.25 3586.60 3750.00 3546.35 0.853 times
12 Tue Mar 2024 3614.30 3608.80 3663.05 3532.85 0.531 times
11 Mon Mar 2024 3608.80 3674.45 3722.00 3430.35 1.176 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3860.7, for a target of 3750.8 or 3659.2

Share price targets for Thermax (Thermax)

Target Type Value
Downside Target 2500.00
Downside Target 2979.20
Downside Target 3166.00
Downside Target 3266.90
Downside Target 3411.00
Downside Target 3523.10
Downside Target 3737.00
Downside Target 3750.00
Downside Target 3772.35
Downside Target 3890.00
Upside Target 3982.00

Intraday share price targets for Thermax (Thermax)

Target Type Value
Downside Intraday Target 3545.83
Downside Intraday Target 3192.92
Upside Intraday Target 4116.83
Upside Intraday Target 4334.92
Downside Intraday Target 3763.92

Weekly technical analysis of Thermax (Thermax)

Date Weekly Closing Price Open High Low Volume
22 Fri Mar 2024 3898.75 3489.95 3982.00 3411.00 1.886 times
15 Fri Mar 2024 3482.40 3674.45 3750.00 3430.35 1.974 times
07 Thu Mar 2024 3646.00 3659.50 3737.00 3555.00 0.659 times
02 Sat Mar 2024 3659.10 3754.90 3890.00 3523.10 0.366 times
23 Fri Feb 2024 3738.80 3450.10 3772.35 3450.10 1.954 times

Price has moved up 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
22 Fri Mar 2024 3898.75 3563.10 3982.00 3411.00 0.545 times
29 Thu Feb 2024 3635.80 3200.05 3890.00 3050.00 0.468 times
31 Wed Jan 2024 3180.75 3081.40 3266.90 2979.20 1.681 times
29 Fri Dec 2023 3081.65 2548.80 3166.00 2548.80 1.725 times

Scroll below to view daily charts

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)

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 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 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 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 losing momentum.

MACD generated a BUY signal for Thermax in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 but buying 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 3709.35 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.

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 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 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 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 losing momentum.

MACD generated a BUY signal for Thermax in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 but buying 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 3709.35 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

Daily charts

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