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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)

Thermax trades in NSE in Heavy Electrical Equipment sector.

Showing technical analysis as on 2026-02-01 View latest technical analysis

10 day averaged volume of Thermax is 79425

Date	Daily Closing Price	Open	High	Low	Volume
01 Sun Feb 2026	2886.20	2865.00	2932.80	2857.80	0.535 times
30 Fri Jan 2026	2878.00	2808.80	2917.50	2751.10	2.096 times
29 Thu Jan 2026	2795.20	2870.40	2880.60	2785.00	1.202 times
28 Wed Jan 2026	2870.40	2839.00	2904.00	2827.10	0.816 times
27 Tue Jan 2026	2831.00	2920.60	2944.70	2811.00	1.472 times
23 Fri Jan 2026	2920.60	2900.00	2959.90	2900.00	0.856 times
22 Thu Jan 2026	2908.30	2934.90	2947.50	2897.70	0.555 times
21 Wed Jan 2026	2929.40	2909.90	2943.00	2847.80	0.917 times
20 Tue Jan 2026	2921.40	2925.00	2960.40	2895.40	0.914 times
19 Mon Jan 2026	2937.70	2950.40	2956.80	2926.70	0.347 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2873 as stoploss in an intra day buy trade for a target of 2953.61. However, stock will show a bearish move below 2873.

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	2742.70
Downside Target	2840.00
Upside Target	2919.90
Upside Target	2986.10
Upside Target	3041.00
Upside Target	3049.00
Upside Target	3100.00
Upside Target	3120.00
Upside Target	3316.00
Upside Target	3353.00

Intraday share price targets for Thermax (THERMAX)

Target Type	Value
Downside Intraday Target	2851.73
Downside Intraday Target	2817.27
Upside Intraday Target	2926.73
Upside Intraday Target	2967.27
Upside Intraday Target	2892.27

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Sun Feb 2026	2886.20	2865.00	2932.80	2857.80	0.096 times
30 Fri Jan 2026	2878.00	2920.60	2944.70	2751.10	1.557 times
23 Fri Jan 2026	2920.60	2950.40	2960.40	2847.80	1.152 times
16 Fri Jan 2026	2970.30	3020.00	3049.00	2919.90	0.375 times
09 Fri Jan 2026	3023.40	3039.90	3120.00	2986.10	1.571 times

Price has moved up 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
01 Sun Feb 2026	2886.20	2865.00	2932.80	2857.80	0.024 times
30 Fri Jan 2026	2878.00	3023.10	3120.00	2751.10	0.743 times
31 Wed Dec 2025	3022.60	2949.30	3041.00	2742.70	1.013 times
28 Fri Nov 2025	2920.10	3226.90	3316.00	2840.00	1.491 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 SELL signal in short term and selling is picking up 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 2877 and Thermax (THERMAX) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.