Long Term Trend: Neutral
AI Indicator Strength: 40.0%
StockTHERMAX
Current Price₹3967.80
Short Term Trend
Strong Downward
Trend: Neutral
¼ Long Term Trend Structure
- Price consolidating within ranges
- Momentum aligned with structure
RSI: Neutral-Bullish
📊 Momentum (RSI)
- RSI: 36.54
- Mild positive bias
MACD: Strong Bearish
¼ MACD Observation
- Strong negative MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Neutral-Bullish
- Trend → Neutral
📊 THERMAX Stock Strength & Risk Analysis
✅ Positive Factors
- Technical structure remains largely defensive with limited active catalysts.
❌ Risk Factors
- Immediate price action favors the sellers.
📌 Market Outlook
Choppy sideways action is expected until a definitive range breakout occurs.
🎯 Technical Indicators: Support & Resistance
🟢 Support Zones
₹3566.50
₹3530.84
₹3495.17
🔴 Resistance Zones
₹4880.00
₹4928.80
₹4977.60
THERMAX Price Action: Immediate buying interest for THERMAX has historically emerged around the ₹3566.5 mark. If the stock faces selling pressure, this zone acts as the first line of defense. Conversely, the primary hurdle for an upward rally is positioned at ₹4880.00. Breaking past this resistance could signal a fresh leg of bullish momentum.
📊 Fibonacci Retracement
| Level | Value |
|---|
| 23.6% | 2361.46 |
| 38.2% | 3026.20 |
| 50.0% | 3563.45 |
| 61.8% | 4100.70 |
| 78.6% | 4865.61 |
Structural Pullbacks: Looking at the Fibonacci retracement map for THERMAX, the 38.2% level at ₹3026.20 acts as a critical juncture. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where THERMAX might reverse or accelerate.
📈 Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 4029.60 | SMA5 | 4051.90 |
| EMA9 | 4056.78 | SMA9 | 4046.92 |
| EMA20 | 4169.90 | SMA20 | 4149.79 |
| EMA50 | 4331.10 | SMA50 | 4508.51 |
| EMA100 | 4221.78 | SMA100 | 4356.67 |
| EMA200 | 3957.91 | SMA200 | 3683.66 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Neutral-Bullish: +1 🟢
🟢
• Price < EMA20 (Short-term Bearish): -1 🔴
🔴
• EMA20 < EMA50 (Medium Downtrend): -1 🔴
🔴
• Price > EMA200 (Long-term Bullish): +1 🟢
🟢
• MACD Strong Bearish: -2 🔴
🔴
• Total Score: -2
🔴
• Confidence Score: 40.00%
🔴
Total Score: -2
Technical Indicator Strength: 40.0%
- Neutral alignment in behavior
- AI Confidence Score: 40.0%
👉 Market appears neutral
📊 MACD Backtested Signals (Historical)
| Date |
Signal |
Close |
T+1 Open |
T+1 High |
T+1 Low |
T+1 Change |
T+5 High |
T+5 Low |
T+5 Change |
Strength |
Confidence |
Strategy |
| 2026-07-03 |
Bearish |
4607.5 |
4590.0 |
4837.5 |
4570.0 |
0.44% |
5.39 |
4860.0 |
4532.5% |
1.63 |
5.48 |
100.00 72.08 Success |
| 2026-06-29 |
Bullish |
5125.1 |
5125.1 |
5207.1 |
5031.4 |
1.60% |
1.83 |
5218.5 |
4570.0% |
1.82 |
10.83 |
100.00 81.13 Success |
| 2026-06-08 |
Bearish |
4696.4 |
4760.3 |
4796.8 |
4698.8 |
1.29% |
0.77 |
4826.0 |
4533.3% |
3.47 |
2.76 |
100.00 75.36 Success |
| 2026-05-29 |
Bullish |
4982.7 |
4982.7 |
5016.1 |
4800.0 |
0.67% |
3.67 |
5016.1 |
4722.1% |
0.67 |
5.23 |
100.00 67.84 Success |
| 2026-05-18 |
Bearish |
4393.3 |
4397.4 |
4498.5 |
4335.1 |
1.42% |
2.30 |
4636.0 |
4330.0% |
1.44 |
5.52 |
100.00 75.16 Success |
| 2026-05-08 |
Bullish |
4677.5 |
4707.0 |
4880.0 |
4500.5 |
3.68% |
4.39 |
4880.0 |
4401.9% |
4.33 |
5.89 |
100.00 93.22 Success |
| 2026-04-29 |
Bearish |
3990.0 |
4000.0 |
4107.8 |
3922.5 |
1.94% |
2.70 |
4209.2 |
3922.5% |
1.69 |
5.49 |
100.00 78.50 Success |
| 2026-04-09 |
Bullish |
3535.1 |
3535.1 |
3665.0 |
3530.0 |
3.67% |
0.14 |
4185.8 |
3530.0% |
18.41 |
0.14 |
100.00 95.00 Success |
| 2026-04-07 |
Bearish |
3213.8 |
3330.9 |
3331.0 |
3196.6 |
4.03% |
0.00 |
4099.0 |
3196.6% |
0.54 |
27.54 |
100.00 88.93 Success |
| 2026-04-01 |
Bullish |
3345.4 |
3268.1 |
3337.5 |
3208.6 |
2.12% |
1.82 |
3586.0 |
3192.7% |
7.19 |
4.56 |
100.00 91.26 Success |
| 2026-03-23 |
Bearish |
3101.1 |
3125.0 |
3252.0 |
3073.8 |
1.64% |
4.06 |
3353.0 |
3073.8% |
0.88 |
8.12 |
100.00 79.88 Success |
| 2026-03-10 |
Bullish |
3172.9 |
3171.7 |
3227.0 |
3159.7 |
1.74% |
0.38 |
3330.0 |
3087.0% |
4.95 |
2.71 |
100.00 84.66 Success |
| 2026-03-09 |
Bearish |
3064.5 |
3124.0 |
3210.0 |
3084.9 |
1.25% |
2.75 |
3330.0 |
3084.9% |
-0.67 |
8.66 |
100.00 74.56 Success |
| 2026-03-06 |
Bullish |
3161.9 |
3120.0 |
3120.0 |
3004.5 |
0.00% |
3.70 |
3235.0 |
3004.5% |
2.31 |
4.98 |
100.00 73.03 No Trade |
| 2026-03-05 |
Bearish |
3063.7 |
3052.0 |
3197.8 |
3040.0 |
0.39% |
4.78 |
3227.0 |
3004.5% |
1.93 |
5.33 |
22.59 42.05 Success |
| 2026-02-09 |
Bullish |
2893.3 |
2924.0 |
2970.0 |
2901.3 |
1.57% |
0.78 |
2985.7 |
2749.8% |
3.19 |
4.96 |
62.84 68.20 Success |
| 2026-02-06 |
Bearish |
2872.6 |
2919.0 |
2929.7 |
2855.0 |
2.19% |
0.37 |
2985.7 |
2749.8% |
4.27 |
3.94 |
11.69 51.84 Success |
| 2026-02-05 |
Bullish |
2908.5 |
2908.5 |
2915.0 |
2847.0 |
0.22% |
2.11 |
2985.7 |
2815.1% |
2.65 |
3.21 |
100.00 68.37 Success |
| 2026-01-13 |
Bearish |
2964.2 |
2951.0 |
2986.2 |
2940.5 |
0.36% |
1.19 |
2986.2 |
2847.8% |
3.93 |
0.74 |
100.00 66.30 Success |
| 2025-12-12 |
Bullish |
2870.4 |
2865.1 |
2904.9 |
2841.0 |
1.39% |
0.84 |
2905.0 |
2824.0% |
1.21 |
1.62 |
100.00 58.70 Success |
Interpreting Historical MACD Data: The table above presents backtested historical performance of MACD crossover signals for THERMAX. By analyzing past T+1 to T+5 day price movements following a MACD buy or sell signal, traders can gauge the historical reliability and expected volatility of the current signal.