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(THR) Thermon Group complete technical analysis [charts+indicators] | Buy/Sell Thermon Group | (THR) share price targets

Complete technical analysis of Thermon Group (THR) by charts plus indicators, forecast predictions and share price targets for Thermon Group (THR)

Thermon Group trades in USA in Energy sector.

Showing technical analysis as on 2024-02-06 View latest technical analysis

10 day averaged volume of Thermon Group is 541830

Date Daily Closing Price Open High Low Volume
06 Tue Feb 2024 25.60 24.64 25.92 24.39 1.31 times
05 Mon Feb 2024 25.04 24.51 25.17 24.11 1.317 times
02 Fri Feb 2024 24.61 26.35 26.60 23.76 2.313 times
01 Thu Feb 2024 26.92 29.46 29.90 25.80 2.747 times
31 Wed Jan 2024 32.78 33.66 33.84 32.76 0.851 times
30 Tue Jan 2024 33.57 33.75 34.07 33.19 0.565 times
29 Mon Jan 2024 33.96 32.29 34.03 32.29 0.589 times
26 Fri Jan 2024 32.34 32.16 32.41 31.95 0.428 times
25 Thu Jan 2024 31.91 31.65 31.91 31.32 0.464 times
24 Wed Jan 2024 31.08 31.98 31.98 31.04 0.372 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 24.7, for a target of 27.8 or 30.47

Share price targets for Thermon Group (THR)

Target Type Value
Downside Target 23.76
Downside Target 25.42
Upside Target 29.08
Upside Target 29.90
Upside Target 31.04
Upside Target 31.34
Upside Target 31.48
Upside Target 32.41
Upside Target 33.50
Upside Target 33.62
Upside Target 34.07

Intraday share price targets for Thermon Group (THR)

Target Type Value
Downside Intraday Target 24.5
Downside Intraday Target 23.4
Upside Intraday Target 26.31
Upside Intraday Target 27.02
Downside Intraday Target 25.21

Weekly technical analysis of Thermon Group (THR)

Date Weekly Closing Price Open High Low Volume
06 Tue Feb 2024 25.60 24.51 25.92 24.11 0.372 times
02 Fri Feb 2024 24.61 32.29 34.07 23.76 3.418 times
26 Fri Jan 2024 32.34 31.40 32.41 31.04 1.477 times
19 Fri Jan 2024 31.07 30.73 31.48 30.55 4.976 times
12 Fri Jan 2024 31.08 31.29 31.34 30.74 0.175 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Thermon Group (THR)

Date Monthly Closing Price Open High Low Volume
06 Tue Feb 2024 25.60 29.46 29.90 23.76 0.87 times
31 Wed Jan 2024 32.78 32.61 34.07 30.02 1.48 times
29 Fri Dec 2023 32.57 30.00 33.62 30.00 0.808 times
30 Thu Nov 2023 30.15 26.51 33.50 26.24 1.246 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Thermon Group (THR)

Price action analysis of Thermon Group ( (THR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Thermon Group ( (THR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Thermon Group ( (THR) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Thermon Group ( (THR) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Thermon Group stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Thermon Group in short term and the sell signal is strong.

Thermon Group Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Thermon Group in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Thermon Group is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.79 and Thermon Group (THR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Thermon Group (THR) stock. Volume based technical analysis of Thermon Group (THR) stock is negative.

Thermon Group Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Thermon Group ( (THR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Thermon Group ( (THR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Thermon Group ( (THR) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Thermon Group ( (THR) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Thermon Group stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Thermon Group in short term and the sell signal is strong.

Thermon Group Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Thermon Group in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Thermon Group is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.79 and Thermon Group (THR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Thermon Group (THR) stock. Volume based technical analysis of Thermon Group (THR) stock is negative.

Thermon Group Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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