Overall Technical outlook

Price Summary

The stock of THERMAX fell -2.49% today, reflecting a lousy market performance.
On 2026-02-02, Thermax Limited's stock opened at 2902.0, reached 2926.0, hit a low of 2806.0, and rose -2.49% to close at 2829.7, with 118387 shares traded.
Over the previous 52 weeks, the stock reached a high of 3944.5 and a low of 2773.8.
Analysts' predictions indicate that THERMAX's future price will be between 2400.0 and 5100.0, with a mean price expectation of approximately 3464.35.

Technicals


Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
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Aroon chart for Thermax Limited


Bol. Bands: The current reading of the BOLL BANDS 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.
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Bolinger Bands chart for Thermax Limited


Parabolic SAR: The PSAR maintains its bearish outlook, setting a resistance level that could act as a ceiling for upward momentum. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping prices subdued.
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Parabolic Stop and Reverse chart for Thermax Limited


Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Stochastic chart for Thermax Limited


Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for THERMAX, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Tripple SMA chart for Thermax Limited


To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.