(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 2024-02-09 View latest technical analysis
10 day averaged volume of Thermon Group is 618380
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Feb 2024 | 27.35 | 27.00 | 27.75 | 26.84 | 0.56 times |
| 08 Thu Feb 2024 | 26.90 | 26.41 | 27.27 | 26.26 | 0.593 times |
| 07 Wed Feb 2024 | 26.17 | 25.74 | 26.38 | 25.50 | 0.54 times |
| 06 Tue Feb 2024 | 25.60 | 24.64 | 25.92 | 24.39 | 1.148 times |
| 05 Mon Feb 2024 | 25.04 | 24.51 | 25.17 | 24.11 | 1.154 times |
| 02 Fri Feb 2024 | 24.61 | 26.35 | 26.60 | 23.76 | 2.027 times |
| 01 Thu Feb 2024 | 26.92 | 29.46 | 29.90 | 25.80 | 2.407 times |
| 31 Wed Jan 2024 | 32.78 | 33.66 | 33.84 | 32.76 | 0.746 times |
| 30 Tue Jan 2024 | 33.57 | 33.75 | 34.07 | 33.19 | 0.495 times |
| 29 Mon Jan 2024 | 33.96 | 32.29 | 34.03 | 32.29 | 0.516 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 26.9 as stoploss in an intra day buy trade for a target of 29.85. However, stock will show a bearish move below 26.9.
Share price targets for Thermon Group (THR)
| Target Type | Value |
| Downside Target | 23.76 |
| Downside Target | 25.42 |
| Downside Target | 26.24 |
| Upside Target | 27.75 |
| Upside Target | 29.08 |
| Upside Target | 29.90 |
| 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 | 25.06 |
| Downside Intraday Target | 22.76 |
| Upside Intraday Target | 28.7 |
| Upside Intraday Target | 30.04 |
| Downside Intraday Target | 26.4 |
Weekly technical analysis of Thermon Group (THR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Feb 2024 | 27.35 | 24.51 | 27.75 | 24.11 | 0.645 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 |
| 09 Fri Feb 2024 | 27.35 | 29.46 | 29.90 | 23.76 | 1.089 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Thermon Group ( (THR) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 and selling is picking up 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 27.19 and Thermon Group (THR) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Thermon Group ( (THR) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 and selling is picking up 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 27.19 and Thermon Group (THR) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.