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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.

10 day averaged volume of Thermon Group is 147401

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 34.55 34.23 34.55 34.10 0.947 times
15 Wed May 2024 34.26 34.28 34.55 34.21 1.044 times
14 Tue May 2024 34.15 34.43 34.78 34.00 0.902 times
13 Mon May 2024 34.18 34.50 34.69 33.83 0.678 times
10 Fri May 2024 34.36 34.70 34.91 34.27 0.891 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 34.1, but if it comes below 34.1, then a intra day sell could be more profitable.
If you take a sell trade below 34.1, then use 34.1 as stoploss and 32.69 as target. However if you take a buy trade in stock , then use 34.1 as stoploss and 35.9 as target.

Share price targets for Thermon Group (THR)

Target Type Value
Downside Target 23.76
Downside Target 26.83
Downside Target 29.34
Downside Target 31.38
Downside Target 32.75
Downside Target 33.35
Downside Target 33.69
Downside Target 33.83
Downside Target 34.07
Upside Target 34.78
Upside Target 34.91

Intraday share price targets for Thermon Group (THR)

Target Type Value
Downside Intraday Target 33.99
Downside Intraday Target 33.44
Upside Intraday Target 34.94
Upside Intraday Target 35.34
Downside Intraday Target 34.39

Weekly technical analysis of Thermon Group (THR)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 34.55 34.50 34.78 33.83 0.729 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
26 Fri Apr 2024 31.83 29.99 32.10 29.67 1.068 times
19 Fri Apr 2024 29.74 31.20 31.38 29.34 0.975 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
16 Thu May 2024 34.55 32.09 34.91 31.94 0.422 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 1.78 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 25, 16, 23 Buy
MACD 2, 2Buy
Stochastics 79Buy
CCI 63Buy
RSI 54Buy
OBV 994912Sell
VWAP 34Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Thermon Group ( (THR) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Thermon Group ( (THR) ) based on a short 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Thermon Group in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 33.84 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 rising upwards.

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 is giving positive 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.

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