(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 293333
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 4941.25 | 5031.05 | 5049.40 | 4905.50 | 1.008 times |
| 16 Thu May 2024 | 4944.80 | 5129.95 | 5241.95 | 4920.00 | 1.639 times |
| 15 Wed May 2024 | 5087.80 | 4724.00 | 5382.40 | 4723.95 | 3.675 times |
| 14 Tue May 2024 | 4695.55 | 4649.70 | 4839.70 | 4638.85 | 1.036 times |
| 13 Mon May 2024 | 4609.25 | 4650.00 | 4680.00 | 4542.00 | 0.543 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4838.8, but if it comes below 4838.8, then a intra day sell could be more profitable.
If you take a sell trade below 4838.8, then use 4838.8 as stoploss and 4645.11 as target. However if you take a buy trade in stock , then use 4838.8 as stoploss and 5071.2 as target.
Share price targets for Thermax (THERMAX)
| Target Type | Value |
| Downside Target | 2977.00 |
| Downside Target | 3049.55 |
| Downside Target | 3268.00 |
| Downside Target | 3408.95 |
| Downside Target | 3894.95 |
| Downside Target | 4210.10 |
| Downside Target | 4395.35 |
| Downside Target | 4542.00 |
| Downside Target | 4773.25 |
| Downside Target | 4877.00 |
| Upside Target | 4978.90 |
| Upside Target | 5382.40 |
Intraday share price targets for Thermax (THERMAX)
| Target Type | Value |
| Downside Intraday Target | 4528.03 |
| Downside Intraday Target | 4114.82 |
| Upside Intraday Target | 5368.43 |
| Upside Intraday Target | 5795.62 |
| Upside Intraday Target | 4955.22 |
Weekly technical analysis of Thermax (THERMAX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 4941.25 | 4650.00 | 5382.40 | 4542.00 | 3.763 times |
| 10 Fri May 2024 | 4581.90 | 4766.90 | 4773.25 | 4412.10 | 0.657 times |
| 03 Fri May 2024 | 4766.90 | 4413.90 | 4799.00 | 4395.35 | 0.962 times |
| 26 Fri Apr 2024 | 4367.80 | 4849.00 | 4978.90 | 4260.00 | 0.859 times |
| 19 Fri Apr 2024 | 4811.90 | 4544.60 | 4877.00 | 4450.00 | 2.799 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 |
| 17 Fri May 2024 | 4941.25 | 4700.00 | 5382.40 | 4412.10 | 0.892 times |
| 30 Tue Apr 2024 | 4669.60 | 4210.10 | 4978.90 | 4210.10 | 1.493 times |
| 28 Thu Mar 2024 | 4192.35 | 3637.25 | 4288.65 | 3408.95 | 0.979 times |
| 29 Thu Feb 2024 | 3637.25 | 3197.70 | 3894.95 | 3049.55 | 2.249 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 | 33, 10, 54 | Buy |
| MACD | 337, 309 | Buy |
| Stochastics | 60 | None |
| CCI | 89 | Sell |
| RSI | 56 | Buy |
| OBV | 1346535 | Sell |
| VWAP | 4882 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
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 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 in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Thermax in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 4881.54 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 further forecast and predictions for tomorrow
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