Overall Technical outlook

Price Summary

2025-09-05, saw THERMAX's stock open at 3340.0, hit a peak of 3345.0, fall to a low of 3257.5, and close down -1.42% at 3292.7, with 95615 shares changing hands.
The stock's highest price in the past 52 weeks is 5431.15, while its lowest price during the same period is 3011.45.
The future price of THERMAX is projected to range from 2400.0 to 5100.0, with an average expected price of 3646.8572, according to 21 analysts.

Technicals

Support and Resistance: The current price of 3292.7 is supported at 3207.6, with resistance at 3332.7. This suggests that the price for THERMAX might remain between these levels, where 3207.6 acts as a floor and 3332.7 as a ceiling in the market.
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Support/Resistance for THERMAX


Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play.
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Aroon chart for Thermax Limited


Bol. Bands: The recent decline below the upper Bollinger Band could signal a potential downward trend. This movement might indicate that the asset is losing bullish momentum and is overbought, suggesting that a correction is due. Traders often interpret this as an early warning of a reversal, making it a crucial point for reevaluating trading strategies and positions.
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Bolinger Bands chart for Thermax Limited


Parabolic SAR: The PSAR remains bullish in its outlook, establishing a key support level that could serve as a foundation for further upward movement. This persistent bullish stance suggests that the market may continue to trend higher, with the established support providing a potential safety net for investors.
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Parabolic Stop and Reverse chart for Thermax Limited


Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Stochastic chart for Thermax Limited


Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Thermax Limited. This suggests a period of market balance, where neither side is showing dominance.
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Tripple SMA chart for Thermax Limited


When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.