(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 2024-02-22 View latest technical analysis
10 day averaged volume of Thermon Group is 306550
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 27.36 | 27.04 | 27.47 | 26.93 | 0.506 times |
| 21 Wed Feb 2024 | 27.08 | 27.09 | 27.45 | 26.90 | 0.576 times |
| 20 Tue Feb 2024 | 27.15 | 27.16 | 27.19 | 26.80 | 0.628 times |
| 16 Fri Feb 2024 | 27.54 | 27.89 | 28.13 | 27.53 | 0.969 times |
| 15 Thu Feb 2024 | 28.17 | 27.44 | 28.24 | 27.15 | 0.872 times |
| 14 Wed Feb 2024 | 27.14 | 26.97 | 27.15 | 26.54 | 0.987 times |
| 13 Tue Feb 2024 | 26.52 | 26.81 | 27.48 | 26.38 | 1.493 times |
| 12 Mon Feb 2024 | 27.88 | 27.40 | 27.96 | 27.20 | 1.061 times |
| 09 Fri Feb 2024 | 27.35 | 27.00 | 27.75 | 26.84 | 1.129 times |
| 08 Thu Feb 2024 | 26.90 | 26.41 | 27.27 | 26.26 | 1.195 times |
My analysis of stock is bearish for shortterm, and stock might move down till 25.5 or till 22.1. Use a stoploss of 28.3 and if the stock hits stoploss, then it can shoot up till 31.12
Share price targets for Thermon Group (THR)
| Target Type | Value |
| Downside Target | 23.76 |
| Downside Target | 25.42 |
| Downside Target | 26.24 |
| Upside Target | 27.47 |
| Upside Target | 29.08 |
| Upside Target | 29.90 |
| Upside Target | 30.02 |
| Upside Target | 31.04 |
| 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 | 26.95 |
| Downside Intraday Target | 26.54 |
| Upside Intraday Target | 27.62 |
| Upside Intraday Target | 27.88 |
| Downside Intraday Target | 27.21 |
Weekly technical analysis of Thermon Group (THR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 27.36 | 27.16 | 27.47 | 26.80 | 0.318 times |
| 16 Fri Feb 2024 | 27.54 | 27.40 | 28.24 | 26.38 | 0.668 times |
| 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 |
Price has moved down 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 |
| 22 Thu Feb 2024 | 27.36 | 29.46 | 29.90 | 23.76 | 1.543 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, and volume has increased substantially. This means that the move can 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Thermon Group ( (THR) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Thermon Group ( (THR) ) based on a short to mid 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Thermon Group in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Thermon Group Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 27.27 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 rising upwards.
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 is giving positive 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Thermon Group ( (THR) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Thermon Group ( (THR) ) based on a short to mid 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Thermon Group in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Thermon Group Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 27.27 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 rising upwards.
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 is giving positive 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.