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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 2024-10-28 View latest technical analysis

10 day averaged volume of Thermon Group is 113820

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	27.54	27.00	27.72	26.85	1.035 times
25 Fri Oct 2024	26.90	27.26	27.43	26.78	1.842 times
24 Thu Oct 2024	26.98	27.68	27.78	26.75	1.166 times
23 Wed Oct 2024	27.66	27.55	27.99	27.27	0.685 times
22 Tue Oct 2024	27.63	28.05	28.13	27.61	1.208 times
21 Mon Oct 2024	28.08	28.32	28.50	27.98	0.807 times
18 Fri Oct 2024	28.37	29.13	29.18	28.35	0.554 times
17 Thu Oct 2024	29.01	29.04	29.05	28.76	0.915 times
16 Wed Oct 2024	28.95	29.01	29.36	28.73	1.603 times
15 Tue Oct 2024	28.63	28.83	29.24	28.47	0.691 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.7, but if it comes above 27.7, then a intra day buy could be more profitable.
If you take a sell trade below 27.7, then use 27.7 as stoploss and 26.9 as target. However if you take a buy trade in stock , then use 27.7 as stoploss and 28.32 as target.

Share price targets for Thermon Group (THR)

Target Type	Value
Downside Target	26.50
Downside Target	27.45
Upside Target	28.95
Upside Target	29.02
Upside Target	29.36
Upside Target	29.86
Upside Target	30.20
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	27.02
Downside Intraday Target	26.5
Upside Intraday Target	27.89
Upside Intraday Target	28.24
Downside Intraday Target	27.37

Weekly technical analysis of Thermon Group (THR)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	27.54	27.00	27.72	26.85	0.181 times
25 Fri Oct 2024	26.90	28.32	28.50	26.75	1.33 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

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
28 Mon Oct 2024	27.54	29.86	29.86	26.75	0.821 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 and the buying is gaining 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 27.88 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.