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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 2024-10-23 View latest technical analysis

10 day averaged volume of Thermon Group is 91820

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	27.66	27.55	27.99	27.27	0.849 times
22 Tue Oct 2024	27.63	28.05	28.13	27.61	1.497 times
21 Mon Oct 2024	28.08	28.32	28.50	27.98	1.001 times
18 Fri Oct 2024	28.37	29.13	29.18	28.35	0.687 times
17 Thu Oct 2024	29.01	29.04	29.05	28.76	1.134 times
16 Wed Oct 2024	28.95	29.01	29.36	28.73	1.986 times
15 Tue Oct 2024	28.63	28.83	29.24	28.47	0.857 times
14 Mon Oct 2024	28.79	28.68	28.97	28.54	0.656 times
11 Fri Oct 2024	28.80	28.20	28.83	28.20	0.754 times
10 Thu Oct 2024	28.28	28.06	28.48	27.84	0.812 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 28.1, but if it comes above 28.1, then a intra day buy could be more profitable.
If you take a sell trade below 28.1, then use 28.1 as stoploss and 27.4 as target. However if you take a buy trade in stock , then use 28.1 as stoploss and 28.69 as target.

Share price targets for Thermon Group (THR)

Target Type	Value
Downside Target	26.50
Downside Target	27.27
Upside Target	29.02
Upside Target	29.36
Upside Target	29.86
Upside Target	30.20
Upside Target	30.31
Upside Target	31.11
Upside Target	32.94
Upside Target	34.33
Upside Target	34.36

Intraday share price targets for Thermon Group (THR)

Target Type	Value
Downside Intraday Target	27.12
Downside Intraday Target	26.58
Upside Intraday Target	28.35
Upside Intraday Target	29.04
Upside Intraday Target	27.81

Weekly technical analysis of Thermon Group (THR)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	27.66	28.32	28.50	27.27	0.629 times
18 Fri Oct 2024	28.37	28.68	29.36	28.35	1.083 times
11 Fri Oct 2024	28.80	28.30	29.02	27.84	0.792 times
04 Fri Oct 2024	28.56	29.66	30.20	28.19	1.197 times
27 Fri Sep 2024	29.85	30.06	30.31	28.75	0.541 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
23 Wed Oct 2024	27.66	29.86	29.86	27.27	0.639 times
30 Mon Sep 2024	29.84	31.01	31.11	26.50	0.915 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

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 neutral. A longer time frame might give a better analysis.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Thermon Group in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 28.43 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.