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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 2024-05-17 View latest technical analysis

10 day averaged volume of Thermon Group is 147401

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri May 2024	34.99	34.68	35.34	34.54	0.94 times
16 Thu May 2024	34.55	34.23	34.55	34.10	0.947 times
15 Wed May 2024	34.26	34.28	34.55	34.21	1.044 times
14 Tue May 2024	34.15	34.43	34.78	34.00	0.902 times
13 Mon May 2024	34.18	34.50	34.69	33.83	0.678 times
10 Fri May 2024	34.36	34.70	34.91	34.27	0.891 times
09 Thu May 2024	34.54	33.66	34.58	33.66	1.073 times
08 Wed May 2024	33.66	33.39	33.95	33.00	0.991 times
07 Tue May 2024	33.48	33.31	33.75	33.29	1.159 times
06 Mon May 2024	33.12	33.00	33.61	32.96	0.788 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 34.3, but if it comes below 34.3, then a intra day sell could be more profitable.
If you take a sell trade below 34.3, then use 34.3 as stoploss and 32.95 as target. However if you take a buy trade in stock , then use 34.3 as stoploss and 36 as target.

Share price targets for Thermon Group (THR)

Target Type	Value
Downside Target	23.76
Downside Target	26.83
Downside Target	29.34
Downside Target	31.38
Downside Target	32.75
Downside Target	33.35
Downside Target	33.69
Downside Target	33.83
Downside Target	34.07
Downside Target	34.91
Upside Target	35.34

Intraday share price targets for Thermon Group (THR)

Target Type	Value
Downside Intraday Target	34.1
Downside Intraday Target	33.21
Upside Intraday Target	35.61
Upside Intraday Target	36.23
Downside Intraday Target	34.72

Weekly technical analysis of Thermon Group (THR)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri May 2024	34.99	34.50	35.34	33.83	0.921 times
10 Fri May 2024	34.36	33.00	34.91	32.96	0.803 times
03 Fri May 2024	32.74	32.10	33.35	31.92	1.092 times
26 Fri Apr 2024	31.83	29.99	32.10	29.67	1.068 times
19 Fri Apr 2024	29.74	31.20	31.38	29.34	0.975 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
17 Fri May 2024	34.99	32.09	35.34	31.94	0.454 times
30 Tue Apr 2024	31.93	32.88	33.69	29.34	0.924 times
28 Thu Mar 2024	32.72	27.39	32.75	26.83	0.558 times
29 Thu Feb 2024	27.29	29.46	29.90	23.76	1.723 times

Scroll below to view daily charts

Price has moved up 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 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 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 to mid 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 mid to longer 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.

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

MACD generated a BUY signal for Thermon Group in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Thermon Group in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 34.13 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 positive

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