Overall Technical outlook

Price Summary

On 2025-12-12, Thermax Limited's stock started at 2851.9, soared to 2958.4, dropped to 2821.0, and finished the day 0.65% higher at 2870.4, with a trading volume of 428397 shares.
In the past year, the highest stock price was 4904.85, and the lowest was 2773.8.
The future price of THERMAX is anticipated to range from 2400.0 to 5100.0, with an expected mean price of 3464.35, according to the recommendations of 20 analysts.

Technicals

Support and Resistance: At 2870.4, the price for THERMAX is supported at 2867.2 and resisted at 3131.5. This indicates a trading range where 2867.2 serves as a support level, potentially preventing further decline, while 3131.5 could limit upward movement.
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Support/Resistance for THERMAX


Aroon: The AROON indicator is currently reflecting a strong bullish trend, as the Aroon Up has risen and the Aroon Oscillator has reversed. These signals suggest a reversal to an upward trend, indicating that market sentiment is shifting towards optimism. Investors might expect further upward momentum, with the potential for continued gains in the market.
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Aroon chart for Thermax Limited


Bol. Bands: The BOLL BANDS 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.
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Bolinger Bands chart for Thermax Limited


Parabolic SAR: The PSAR's recent reversal from bearish to bullish may signal an upward trend for THERMAX. When combined with other indicators, this change could indicate a strong bullish signal. Investors should consider this as a potential buying opportunity if the trend is supported by additional market indicators.
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Parabolic Stop and Reverse chart for Thermax Limited


Stochastic: The STOCHASTIC 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.
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Stochastic chart for Thermax Limited


Tripple Moving Agerage: The 20-50-100 period moving averages are aligned for a bullish trend, but the slopes of the faster averages suggest that this strength may be fading for THERMAX. The weakening momentum in these shorter-term averages hints that a reversal could be approaching, signaling that the current trend might not hold much longer.
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Tripple SMA chart for Thermax Limited


A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.