Overall Technical outlook

Price Summary

On 2025-05-30, Thermax Limited's stock began at 3429.4, peaked at 3468.5, declined to 3355.0, and ended the day -1.2% lower at 3388.2, with 187256 shares traded.
The highest price the stock achieved in the past 52 weeks is 5666.45, while the lowest price it saw is 3011.45.
Analysts' predictions indicate that THERMAX's future price will be between 2400.0 and 5001.0, with a mean price expectation of approximately 3533.9524.

Technicals

Support and Resistance: The current price of 3388.2 for THERMAX is supported at 3339.65 and faces resistance at 3635.8. These levels indicate that 3339.65 could act as a floor, while 3635.8 might limit any further price increases.
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Support/Resistance for THERMAX


Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty 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 remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for THERMAX. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment.
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Parabolic Stop and Reverse chart for Thermax Limited


Stochastic: The STOCHASTIC 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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Stochastic chart for Thermax Limited


Tripple Moving Agerage: The current alignment of the 20, 50, and 100 moving averages suggests a bullish trend, with their upward slopes further reinforcing this sentiment for THERMAX. This indicates a mildly bullish overall market condition, where gains are expected to be steady and gradual. Investors may interpret this as a sign of a stable market with moderate growth potential over time.
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Tripple SMA chart for Thermax Limited


Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.