Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-31 View latest technical analysis

10 day averaged volume of Thermon Group is 134111

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	32.81	32.74	33.70	32.14	0.943 times
30 Tue Jul 2024	32.42	32.57	32.97	32.00	0.552 times
29 Mon Jul 2024	32.32	33.43	33.73	32.30	0.628 times
26 Fri Jul 2024	33.32	33.67	33.74	32.70	0.94 times
25 Thu Jul 2024	32.83	32.54	33.19	32.08	1.158 times
24 Wed Jul 2024	32.50	33.00	33.58	32.43	0.901 times
23 Tue Jul 2024	33.40	32.60	33.80	32.27	1.207 times
22 Mon Jul 2024	32.76	32.47	32.86	31.94	1.228 times
19 Fri Jul 2024	32.48	32.84	32.85	32.33	0.84 times
18 Thu Jul 2024	32.69	33.07	34.36	32.26	1.023 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 33.3 as stoploss in an intra day sell trade for a target of 31.76. However, stock will show a bullish move above 33.3.

Share price targets for Thermon Group (THR)

Target Type	Value
Downside Target	26.83
Downside Target	28.57
Downside Target	30.41
Downside Target	32.75
Upside Target	33.69
Upside Target	33.73
Upside Target	33.80
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	31.96
Downside Intraday Target	31.12
Upside Intraday Target	33.69
Upside Intraday Target	34.58
Upside Intraday Target	32.85

Weekly technical analysis of Thermon Group (THR)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	32.81	33.43	33.73	32.00	0.391 times
26 Fri Jul 2024	33.32	32.47	33.80	31.94	0.837 times
19 Fri Jul 2024	32.48	31.17	34.36	30.96	1.55 times
12 Fri Jul 2024	30.73	29.55	31.53	28.95	4.093 times
05 Fri Jul 2024	29.24	30.24	30.41	29.17	0.429 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 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
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

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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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.

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 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 32.8 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 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.