Overall Technical outlook

Price Summary

THERMAX's shares experienced a significant -5.09% slide, indicating a mediocre market performance.
On 2025-04-25, Thermax Limited's stock opened at 3628.8, peaked at 3628.8, hit a low of 3410.1, and closed -5.09% lower at 3444.0, with 130667 shares changing hands.
Over the past 52 weeks, the stock reached a maximum price of 5666.45 and a minimum price of 3011.45.
The future price of THERMAX is projected to range from 2400.0 to 5001.0, with an average expected price of 3533.9524, according to 21 analysts.

Technicals

Support and Resistance: The current price of 3444.0 is supported at 3339.65, with resistance at 3635.8. This suggests that the price for THERMAX might remain between these levels, where 3339.65 acts as a floor and 3635.8 as a ceiling in the market.
THERMAX supportResistance c3524b
Support/Resistance for THERMAX


Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for THERMAX, with no strong trend emerging.
THERMAX aroon c3524b
Aroon chart for Thermax Limited


Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
THERMAX bbands c3524b
Bolinger Bands chart for Thermax Limited


Parabolic SAR: The PSAR for THERMAX maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum.
THERMAX psar c3524b
Parabolic Stop and Reverse chart for Thermax Limited


Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
THERMAX stoch c3524b
Stochastic chart for Thermax Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
THERMAX trippleSMA c3524b
Tripple SMA chart for Thermax Limited


When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.