Overall Technical outlook

Price Summary

In today's trading, Thermax Limited's stock surged by 4.31%, showcasing an stellar market day.
On 2025-07-16, THERMAX's stock started at 3495.0, reached a high of 3747.0, fell to 3485.1, and ended 4.31% higher at 3645.8, with 786758 shares traded.
In the last 52 weeks, the stock's top price was 5431.15 and the bottom price was 3011.45.
The future price of THERMAX is anticipated to range from 2400.0 to 4465.0, with an expected mean price of 3477.1904, according to the recommendations of 21 analysts.

Technicals

Support and Resistance: The price of 3645.8 is supported at 3632.4 and faces resistance at 3632.4. This range suggests key levels for THERMAX where the price may stabilize, with 3632.4 acting as a support and 3632.4 as a cap on gains.
THERMAX supportResistance 3b73bc
Support/Resistance for THERMAX


Aroon: The AROON indicator suggests a bullish trend, with the Aroon Up rising and the Aroon Oscillator remaining elevated for Thermax Limited. This signals a continuation of the upward price trend, indicating that the market's bullish momentum is likely to persist. The steady high level of the Aroon Oscillator supports the view of sustained upward movement.
THERMAX aroon 3b73bc
Aroon chart for Thermax Limited


Bol. Bands: In the latest move, the current price has surpassed the upper Bollinger Band, marking a bullish signal for THERMAX. This breakout indicates that buying pressure is strong, pushing prices beyond their typical range. Such a move could suggest that the market is gaining momentum, with the potential for further upward movement.
THERMAX bbands 3b73bc
Bolinger Bands chart for Thermax Limited


Parabolic SAR: The PSAR has just shifted from bearish to bullish, hinting at a potential upward trend. If this change is supported by other indicators, it could signal a strong bullish trend. Investors should watch for additional confirmation before fully committing to this potential market opportunity.
THERMAX psar 3b73bc
Parabolic Stop and Reverse chart for Thermax Limited


Stochastic: The STOCHASTIC is in a neutral stance for THERMAX, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
THERMAX stoch 3b73bc
Stochastic chart for Thermax Limited


Tripple Moving Agerage: The Tripple MOVING AVG 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.
THERMAX trippleSMA 3b73bc
Tripple SMA chart for Thermax Limited


When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.