Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Thermax Limited

THERMAX.NS Technical Analysis Summary (NSE)

Analyze THERMAX.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

THERMAX.NS●NSE
IndustrialsIndustrial - Machinery
₹4454.50
₹123.50(2.70%)
Indian Market opens in 12h 16m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

THERMAX.NS Technical Analysis Summary (NSE)

Thermax Limited (NSE: THERMAX.NS) stock currently shows a neutral trend on the NSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.98)
Trend Strength:Moderate (ADX: 21.87)
Volatility:Medium (ATR: 183.71)
Support/Resistance:$4329.12 – $5147.64 (Bollinger Bands)

Technical conditions suggest Thermax Limited on the NSE is awaiting a decisive move. Technical conditions suggest Thermax Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 43.98

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 44.31

Neutral
Mid-range signal with no clear trend.

Williams %R: -70.18

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -4.70

Bearish
Selling pressure outweighs buying.

Takeaway:Thermax Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -29.20

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.87

Moderate
Moderate trend, direction gaining strength.

ATR (14): 183.71

Rising
Rising volatility, market activity increasing.

CCI (14): -93.92

Bearish
Bearish, momentum remains under pressure.

Takeaway:Thermax Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$5147.64
Middle Band (SMA 20)
$4738.38
Lower Band
$4329.12
Current Position
Within Bands

Takeaway:Thermax Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$5050.81
Middle Line (EMA 20)
$4683.40
Lower Channel
$4315.98
Squeeze Status
No Squeeze

Takeaway:Thermax Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume7.17M
Money Flow Index62.13Bullish, inflows support continued momentum.
Relative Vigor Index44.63Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:THERMAX.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Thermax Limited (NSE: THERMAX.NS), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Thermax Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NSE: THERMAX.NS) Technical Analysis FAQ