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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 3029

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 4631.70 4855.70 4855.70 4600.30 2.438 times
18 Mon Nov 2024 4867.95 5005.55 5159.80 4780.30 1.468 times
14 Thu Nov 2024 4999.00 4920.35 5118.25 4900.85 1.077 times
13 Wed Nov 2024 4903.10 5079.05 5095.70 4884.05 0.637 times
12 Tue Nov 2024 5108.90 5213.00 5354.90 5099.05 0.579 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 4690.9, for a target of 4890.5 or 5056.86

Share price targets for Thermax (Thermax)

Target Type Value
Downside Target 4174.00
Downside Target 4269.00
Downside Target 4600.30
Upside Target 4804.85
Upside Target 5159.80
Upside Target 5354.90
Upside Target 5450.00
Upside Target 5571.35
Upside Target 5721.20
Upside Target 5835.00

Intraday share price targets for Thermax (Thermax)

Target Type Value
Downside Intraday Target 4434.73
Downside Intraday Target 4237.77
Upside Intraday Target 4994.23
Upside Intraday Target 5356.77
Upside Intraday Target 4797.27

Weekly technical analysis of Thermax (Thermax)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 4631.70 5005.55 5159.80 4600.30 1.277 times
14 Thu Nov 2024 4999.00 5179.00 5354.90 4884.05 0.784 times
08 Fri Nov 2024 5119.25 4925.85 5182.30 4904.00 0.513 times
01 Fri Nov 2024 5001.05 5479.95 5721.20 4903.70 0.88 times
25 Fri Oct 2024 5430.85 5094.65 5450.00 4966.70 2.09 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
19 Tue Nov 2024 4631.70 4992.00 5354.90 4600.30 0.429 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
30 Fri Aug 2024 4376.70 5068.80 5213.90 4174.00 1.025 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 16, 28, 27 Sell
MACD -61, 6Sell
Stochastics 15Sell
CCI -198Sell
RSI 42Sell
OBV -14923Sell
VWAP 4928Sell
ADL 0Sell
ROC -7Sell
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 gaining 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 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 4928.36 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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