(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 2024-05-31 View latest technical analysis
10 day averaged volume of Thermon Group is 201260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 33.76 | 34.75 | 34.80 | 33.12 | 0.942 times |
| 30 Thu May 2024 | 34.84 | 34.59 | 35.42 | 34.10 | 1.146 times |
| 29 Wed May 2024 | 33.69 | 34.40 | 35.15 | 33.50 | 1.372 times |
| 28 Tue May 2024 | 34.88 | 35.72 | 35.84 | 34.88 | 1.663 times |
| 24 Fri May 2024 | 35.68 | 35.02 | 35.84 | 34.60 | 0.962 times |
| 23 Thu May 2024 | 34.70 | 35.80 | 35.93 | 34.29 | 1.014 times |
| 22 Wed May 2024 | 35.54 | 35.13 | 35.64 | 35.10 | 0.995 times |
| 21 Tue May 2024 | 35.31 | 34.83 | 35.39 | 34.83 | 0.554 times |
| 20 Mon May 2024 | 34.83 | 34.90 | 35.42 | 34.75 | 0.912 times |
| 17 Fri May 2024 | 34.99 | 34.68 | 35.34 | 34.54 | 0.689 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 33.6 as stoploss in an intra day buy trade for a target of 34.36. However, stock will show a bearish move below 33.6.
Share price targets for Thermon Group (THR)
| Target Type | Value |
| Downside Target | 23.76 |
| Downside Target | 26.83 |
| Downside Target | 29.34 |
| Downside Target | 31.92 |
| Downside Target | 32.75 |
| Upside Target | 34.07 |
| Upside Target | 34.29 |
| 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 | 32.64 |
| Downside Intraday Target | 31.52 |
| Upside Intraday Target | 35.36 |
| Upside Intraday Target | 36.96 |
| Upside Intraday Target | 34.24 |
Weekly technical analysis of Thermon Group (THR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 03 Fri May 2024 | 32.74 | 32.10 | 33.35 | 31.92 | 1.092 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 |
| 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 |
| 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 and selling is picking up 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 34.76 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 positive
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 and selling is picking up 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 34.76 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.