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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.

10 day averaged volume of Thermax is 110799

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri May 2025	3239.10	3103.70	3252.00	3085.70	0.551 times
08 Thu May 2025	3156.10	3274.00	3274.00	3140.00	0.462 times
07 Wed May 2025	3243.10	3181.00	3250.00	3144.60	0.434 times
06 Tue May 2025	3219.40	3255.10	3298.40	3186.00	0.278 times
05 Mon May 2025	3249.70	3261.30	3271.30	3228.10	0.34 times
02 Fri May 2025	3241.20	3284.90	3305.00	3230.00	0.544 times
30 Wed Apr 2025	3291.30	3346.50	3394.80	3221.00	0.943 times
29 Tue Apr 2025	3346.40	3438.00	3438.00	3328.00	0.766 times
28 Mon Apr 2025	3410.70	3444.00	3524.00	3394.30	0.721 times
25 Fri Apr 2025	3444.00	3628.80	3628.80	3410.10	1.179 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 3173.9 as stoploss in an intra day buy trade for a target of 3309.18. However, stock will show a bearish move below 3173.9.

Share price targets for Thermax (THERMAX)

Target Type	Value
Downside Target	2950.05
Downside Target	3011.95
Downside Target	3085.70
Downside Target	3221.00
Upside Target	3298.40
Upside Target	3460.10
Upside Target	3524.00
Upside Target	3728.50
Upside Target	3790.05
Upside Target	3950.00
Upside Target	4316.95

Intraday share price targets for Thermax (THERMAX)

Target Type	Value
Downside Intraday Target	3117.07
Downside Intraday Target	2995.03
Upside Intraday Target	3329.77
Upside Intraday Target	3420.43
Downside Intraday Target	3207.73

Weekly technical analysis of Thermax (THERMAX)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri May 2025	3239.10	3261.30	3298.40	3085.70	0.695 times
02 Fri May 2025	3241.20	3444.00	3524.00	3221.00	0.428 times
25 Fri Apr 2025	3444.00	3438.90	3728.50	3385.00	2.831 times
17 Thu Apr 2025	3394.40	3179.20	3412.60	3112.90	0.64 times
11 Fri Apr 2025	3085.45	3011.95	3365.95	3011.95	1.776 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
09 Fri May 2025	3239.10	3284.90	3305.00	3085.70	0.146 times
30 Wed Apr 2025	3291.30	3635.00	3728.50	3011.95	0.663 times
28 Fri Mar 2025	3654.10	3263.05	3950.00	3125.80	0.849 times
28 Fri Feb 2025	3248.50	3790.05	3790.05	2950.05	1.243 times

Scroll below to view daily charts

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)

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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Thermax in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 3312.97 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.