NSE Stock THERMAX Historical charts - Thermax Limited

Historical charts for Stock THERMAX - Share Thermax Limited trades in NSE under Heavy Electrical Equipment

Moving Averages for

5Day Average: 3225.42
12Day Average: 3218.88
20Day Average: 3270.94
50Day Average: 3679.1
100Day Average: 4285.92
150Day Average: 4417.55

THERMAX Indicators & signals

Indicator MACD (12,26,9)

3256.26, 3396.12, -168.16
Indicator MACD is in negative zone

Indicator ADX (14)

2.83, 21.45, 22.7
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of THERMAX are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
03 Mon Mar 2025	3201.75	3167.50 to 3303.95	-1.44%	0.32 times
28 Fri Feb 2025	3248.50	3134.05 to 3395.00	1.8%	2.18 times
27 Thu Feb 2025	3191.00	3141.75 to 3230.00	-0.3%	0.33 times
25 Tue Feb 2025	3200.65	3193.30 to 3293.40	-2.57%	0.52 times
24 Mon Feb 2025	3285.20	3210.15 to 3326.80	-1.09%	0.41 times
21 Fri Feb 2025	3321.55	3254.15 to 3388.00	-0.21%	0.37 times
20 Thu Feb 2025	3328.55	3293.20 to 3409.95	-0.33%	0.87 times
19 Wed Feb 2025	3339.65	3134.20 to 3443.95	3.98%	2.13 times
18 Tue Feb 2025	3211.75	2983.65 to 3249.00	6.65%	2.15 times
17 Mon Feb 2025	3011.45	2950.05 to 3107.70	-3.14%	0.61 times
14 Fri Feb 2025	3109.00	3051.15 to 3203.00	-2.16%	0.42 times
13 Thu Feb 2025	3177.50	3163.10 to 3260.50	-0.13%	0.39 times

Technical analysis forecast for THERMAX Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT THERMAX THERMAX at this time. Stock is falling and might fall more.

It appears as if THERMAX THERMAX gave a large move recently.

Stock of THERMAX (THERMAX) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of THERMAX is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3198.7 as stoploss in an intra day buy trade for a target of 3329.06. However, stock will show a bearish move below 3198.7.

Tomorrow's movement Prediction of THERMAX is strongly bearish. It has broken a strong support of 3272 and is expected to move down further.

Munafa value: 35

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.