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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 2024-04-04 View latest technical analysis

10 day averaged volume of Thermon Group is 222700

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	32.77	33.23	33.69	32.67	1.617 times
03 Wed Apr 2024	33.40	32.91	33.56	32.76	1.434 times
02 Tue Apr 2024	32.99	32.66	33.01	32.29	1.084 times
01 Mon Apr 2024	32.88	32.88	32.94	32.18	1.207 times
28 Thu Mar 2024	32.72	31.89	32.75	31.89	1.389 times
27 Wed Mar 2024	31.87	31.74	32.00	31.70	0.73 times
26 Tue Mar 2024	31.57	31.56	31.92	31.05	1.076 times
25 Mon Mar 2024	31.48	30.89	31.50	30.89	0.707 times
22 Fri Mar 2024	30.84	31.28	31.49	30.80	0.68 times
21 Thu Mar 2024	31.39	30.65	31.50	30.65	0.863 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 32.5, but if it comes below 32.5, then a intra day sell could be more profitable.
If you take a sell trade below 32.5, then use 32.5 as stoploss and 30.64 as target. However if you take a buy trade in stock , then use 32.5 as stoploss and 34.7 as target.

Share price targets for Thermon Group (THR)

Target Type	Value
Downside Target	23.76
Downside Target	26.83
Downside Target	27.45
Downside Target	28.10
Downside Target	29.56
Downside Target	32.18
Downside Target	32.75
Upside Target	33.62
Upside Target	33.69
Upside Target	34.07

Intraday share price targets for Thermon Group (THR)

Target Type	Value
Downside Intraday Target	32.07
Downside Intraday Target	31.37
Upside Intraday Target	33.58
Upside Intraday Target	34.39
Upside Intraday Target	32.88

Weekly technical analysis of Thermon Group (THR)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	32.77	32.88	33.69	32.18	1.369 times
28 Thu Mar 2024	32.72	30.89	32.75	30.89	0.883 times
22 Fri Mar 2024	30.84	30.30	31.50	29.56	0.709 times
15 Fri Mar 2024	30.43	27.57	30.59	27.45	1.148 times
08 Fri Mar 2024	27.75	27.60	28.10	26.83	1.446 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
04 Thu Apr 2024	32.77	32.88	33.69	32.18	0.259 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
31 Wed Jan 2024	32.78	32.61	34.07	30.02	1.48 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Thermon Group in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling 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 32.38 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.