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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 2024-09-11 View latest technical analysis

10 day averaged volume of Thermon Group is 108697

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	27.79	27.01	27.93	26.50	1.552 times
10 Tue Sep 2024	27.31	27.83	27.83	27.01	1.016 times
09 Mon Sep 2024	27.64	27.86	28.12	27.55	0.752 times
06 Fri Sep 2024	27.70	28.71	28.81	27.55	1.036 times
05 Thu Sep 2024	28.61	28.93	28.93	28.24	0.938 times
04 Wed Sep 2024	28.74	28.98	29.10	28.48	1.012 times
03 Tue Sep 2024	29.03	31.01	31.01	28.98	1.341 times
30 Fri Aug 2024	31.43	30.84	31.52	30.83	1.209 times
30 Fri Aug 2024	31.43	30.84	31.52	30.83	1.209 times
29 Thu Aug 2024	30.91	30.57	31.04	29.90	0.813 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 28.3, but if it comes above 28.3, then a intra day buy could be more profitable.
If you take a sell trade below 28.3, then use 28.3 as stoploss and 26.8 as target. However if you take a buy trade in stock , then use 28.3 as stoploss and 29.54 as target.

Share price targets for Thermon Group (THR)

Target Type	Value
Downside Target	26.50
Downside Target	27.45
Upside Target	28.12
Upside Target	29.90
Upside Target	30.83
Upside Target	31.52
Upside Target	31.94
Upside Target	32.94
Upside Target	34.33
Upside Target	34.36
Upside Target	35.93

Intraday share price targets for Thermon Group (THR)

Target Type	Value
Downside Intraday Target	26.82
Downside Intraday Target	25.85
Upside Intraday Target	28.44
Upside Intraday Target	29.09
Downside Intraday Target	27.47

Weekly technical analysis of Thermon Group (THR)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	27.79	27.86	28.12	26.50	0.767 times
06 Fri Sep 2024	27.70	31.01	31.01	27.55	3.58 times
30 Fri Aug 2024	31.43	30.84	31.52	30.83	0.306 times
30 Fri Aug 2024	31.43	31.16	31.52	29.90	1.197 times
23 Fri Aug 2024	30.79	29.78	31.22	29.02	0.676 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
11 Wed Sep 2024	27.79	31.01	31.01	26.50	0.301 times
30 Fri Aug 2024	31.43	32.66	32.94	27.45	0.951 times
31 Wed Jul 2024	32.81	30.80	34.36	28.95	0.691 times
28 Fri Jun 2024	30.76	34.33	34.33	28.57	1.089 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 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 gaining 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 moving up

CCI has generated a buy signal for Thermon Group in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 29.08 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.