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.

10 day averaged volume of Thermon Group is 213030

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	30.29	30.18	30.49	29.88	0.444 times
15 Mon Apr 2024	30.42	31.20	31.38	30.34	0.473 times
12 Fri Apr 2024	30.93	31.32	31.54	30.64	0.714 times
11 Thu Apr 2024	31.57	31.58	31.96	31.33	0.606 times
10 Wed Apr 2024	31.43	31.60	31.81	31.24	0.927 times
09 Tue Apr 2024	32.26	32.87	32.87	31.93	0.852 times
08 Mon Apr 2024	32.83	33.05	33.38	32.73	0.613 times
05 Fri Apr 2024	32.68	32.81	33.09	32.01	1.492 times
04 Thu Apr 2024	32.77	33.23	33.69	32.67	1.69 times
03 Wed Apr 2024	33.40	32.91	33.56	32.76	1.499 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 30.8, but if it comes above 30.8, then a intra day buy could be more profitable.
If you take a sell trade below 30.8, then use 30.8 as stoploss and 29.6 as target. However if you take a buy trade in stock , then use 30.8 as stoploss and 31.75 as target.

Share price targets for Thermon Group (THR)

Target Type	Value
Downside Target	23.76
Downside Target	26.83
Downside Target	29.56
Upside Target	30.64
Upside Target	32.01
Upside Target	32.75
Upside Target	33.38
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	29.65
Downside Intraday Target	29.02
Upside Intraday Target	31.15
Upside Intraday Target	32.02
Upside Intraday Target	30.52

Weekly technical analysis of Thermon Group (THR)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	30.29	31.20	31.38	29.88	0.247 times
12 Fri Apr 2024	30.93	33.05	33.38	30.64	0.525 times
05 Fri Apr 2024	32.68	32.88	33.69	32.01	1.735 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

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
16 Tue Apr 2024	30.29	32.88	33.69	29.88	0.542 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Thermon Group in short term but the sell signal is initial and weak.

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 in or below the green cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term but selling 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 32.22 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.