(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 2024-06-05 View latest technical analysis
10 day averaged volume of Thermon Group is 222000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 30.61 | 31.40 | 31.40 | 30.55 | 0.836 times |
| 04 Tue Jun 2024 | 31.22 | 31.95 | 31.99 | 31.14 | 0.796 times |
| 03 Mon Jun 2024 | 32.20 | 34.33 | 34.33 | 31.86 | 1.364 times |
| 31 Fri May 2024 | 33.76 | 34.75 | 34.80 | 33.12 | 0.854 times |
| 30 Thu May 2024 | 34.84 | 34.59 | 35.42 | 34.10 | 1.039 times |
| 29 Wed May 2024 | 33.69 | 34.40 | 35.15 | 33.50 | 1.244 times |
| 28 Tue May 2024 | 34.88 | 35.72 | 35.84 | 34.88 | 1.507 times |
| 24 Fri May 2024 | 35.68 | 35.02 | 35.84 | 34.60 | 0.873 times |
| 23 Thu May 2024 | 34.70 | 35.80 | 35.93 | 34.29 | 0.919 times |
| 22 Wed May 2024 | 35.54 | 35.13 | 35.64 | 35.10 | 0.902 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 31.2, for a target of 32.8 or 34.1
Share price targets for Thermon Group (THR)
| Target Type | Value |
| Downside Target | 23.76 |
| Downside Target | 26.83 |
| Downside Target | 29.34 |
| Downside Target | 30.55 |
| Upside Target | 31.94 |
| Upside Target | 32.75 |
| Upside Target | 34.33 |
| Upside Target | 34.91 |
| Upside Target | 35.34 |
| Upside Target | 35.84 |
| Upside Target | 35.93 |
Intraday share price targets for Thermon Group (THR)
| Target Type | Value |
| Downside Intraday Target | 29.33 |
| Downside Intraday Target | 28.05 |
| Upside Intraday Target | 33.11 |
| Upside Intraday Target | 35.61 |
| Upside Intraday Target | 31.83 |
Weekly technical analysis of Thermon Group (THR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 30.61 | 34.33 | 34.33 | 30.55 | 0.645 times |
| 31 Fri May 2024 | 33.76 | 35.72 | 35.84 | 33.12 | 1.155 times |
| 24 Fri May 2024 | 35.68 | 34.90 | 35.93 | 34.29 | 1.342 times |
| 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 |
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 |
| 05 Wed Jun 2024 | 30.61 | 34.33 | 34.33 | 30.55 | 0.173 times |
| 31 Fri May 2024 | 33.76 | 32.09 | 35.93 | 31.94 | 0.907 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Thermon Group stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Thermon Group in short term but the sell signal is initial and weak.
Thermon Group Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Thermon Group in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 33.77 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Thermon Group stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Thermon Group in short term but the sell signal is initial and weak.
Thermon Group Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Thermon Group in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 33.77 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.