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Technicals for Thermax Limited
By MusingTheNews
2025-06-13 20:58
Overall Technical outlook
Price Summary
On 2025-06-13, Thermax Limited's stock opened at 3488.1, reached a high of 3591.9, dropped to a low of 3462.3, and closed up 1.8% at 3550.8, with a trading volume of 49011 shares. Throughout the 52-week period, the stock hit a high of 5666.45 and a low of 3011.45. The price outlook for THERMAX is between 2400.0 and 5001.0, with an average expectation of 3533.9524, as estimated by 21 analysts.
Technicals
Support and Resistance: The price for THERMAX is 3550.8, with support at 3339.65 and resistance at 3635.8. This suggests a range where 3339.65 acts as a base, preventing declines, and 3635.8 caps gains, defining key trading levels. Support/Resistance for THERMAX
Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for THERMAX. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Aroon chart for Thermax Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for THERMAX, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Thermax Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. 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. Stochastic chart for Thermax Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for THERMAX, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Tripple SMA chart for Thermax Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
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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