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Technicals for Thermax Limited
By MusingTheNews
2025-12-15 21:00
Overall Technical outlook
Price Summary
On 2025-12-15, THERMAX's stock started at 2865.1, reached a high of 2904.9, fell to 2841.0, and ended 0.91% up at 2891.2, with 105327 shares traded. In the 52-week period, the stock's peak price is 4904.85, and the lowest price recorded is 2773.8. Analysts predict that the future price will fluctuate between 2400.0 and 5100.0, with the mean expected price being approximately 3464.35.
Technicals
Support and Resistance: The price is currently at 2891.2, supported by 2867.2 and resisted by 3131.5. This indicates a range where 2867.2 may provide a base for the price, while 3131.5 serves as a cap on further upward movement for THERMAX. Support/Resistance for THERMAX
Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Aroon chart for Thermax Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for Thermax Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Thermax Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for Thermax Limited
Tripple Moving Agerage: The 20-50-100 period moving averages are aligned in a bullish formation for Thermax Limited, though caution is advised as the slopes of the shorter-term averages indicate a possible reversal ahead. While the trend remains upward, the weakening momentum in the faster-moving averages suggests that a shift in direction could be on the horizon. Tripple SMA chart for Thermax Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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