(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 2024-06-21 View latest technical analysis
10 day averaged volume of Thermon Group is 161820
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 28.85 | 29.13 | 29.27 | 28.72 | 1.734 times |
| 20 Thu Jun 2024 | 29.14 | 28.58 | 29.15 | 28.58 | 1.256 times |
| 18 Tue Jun 2024 | 28.85 | 29.09 | 29.29 | 28.70 | 0.786 times |
| 18 Tue Jun 2024 | 28.85 | 29.09 | 29.29 | 28.70 | 0.786 times |
| 17 Mon Jun 2024 | 29.18 | 28.95 | 29.41 | 28.57 | 0.721 times |
| 14 Fri Jun 2024 | 29.00 | 30.16 | 30.36 | 28.86 | 1.224 times |
| 13 Thu Jun 2024 | 30.59 | 30.70 | 30.89 | 30.15 | 1.125 times |
| 12 Wed Jun 2024 | 30.86 | 31.08 | 31.41 | 30.85 | 0.952 times |
| 11 Tue Jun 2024 | 30.10 | 30.39 | 30.59 | 30.01 | 0.826 times |
| 10 Mon Jun 2024 | 30.62 | 30.01 | 30.80 | 29.65 | 1 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 29, but if it comes above 29, then a intra day buy could be more profitable.
If you take a sell trade below 29, then use 29 as stoploss and 26.4 as target. However if you take a buy trade in stock , then use 29 as stoploss and 31.18 as target.
Share price targets for Thermon Group (THR)
| Target Type | Value |
| Downside Target | 23.76 |
| Downside Target | 26.83 |
| Downside Target | 28.57 |
| Upside Target | 31.41 |
| Upside Target | 31.94 |
| Upside Target | 32.75 |
| Upside Target | 33.12 |
| Upside Target | 33.69 |
| Upside Target | 34.33 |
| Upside Target | 35.84 |
| Upside Target | 35.93 |
Intraday share price targets for Thermon Group (THR)
| Target Type | Value |
| Downside Intraday Target | 28.52 |
| Downside Intraday Target | 28.2 |
| Upside Intraday Target | 29.23 |
| Upside Intraday Target | 29.62 |
| Upside Intraday Target | 28.91 |
Weekly technical analysis of Thermon Group (THR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 28.85 | 29.09 | 29.29 | 28.58 | 2.506 times |
| 18 Tue Jun 2024 | 28.85 | 28.95 | 29.41 | 28.57 | 0.294 times |
| 14 Fri Jun 2024 | 29.00 | 30.01 | 31.41 | 28.86 | 0.789 times |
| 07 Fri Jun 2024 | 30.15 | 34.33 | 34.33 | 29.76 | 1.02 times |
| 31 Fri May 2024 | 33.76 | 35.72 | 35.84 | 33.12 | 1.155 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Thermon Group (THR)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 28.85 | 34.33 | 34.33 | 28.57 | 0.71 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 neutral. A longer time frame might give a better analysis.
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 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 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 29.57 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 neutral. A longer time frame might give a better analysis.
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 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 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 29.57 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.