THERMAX - Swing Trade Analysis with AI Signals

Last Updated Time : 19 Sept 25, 2:15 pm

Swing Trade Rating: 3.4

📉 THERMAX Swing Trade Analysis

THERMAX shows signs of technical weakness and valuation concerns, making it a cautious swing trade candidate despite strong fundamentals and low debt.

🔍 Key Observations

Technical Indicators

MACD: -22.4 — bearish momentum, suggesting continued downside pressure.

RSI: 48.9 — neutral zone, lacking strength for a breakout.

Price Below 50 & 200 DMA — current price ₹3,330 is below both DMA 50 (₹3,388) and DMA 200 (₹3,631), indicating a downtrend.

Fundamentals

ROCE: 16.5% / ROE: 13.4% — solid capital efficiency.

Debt-to-Equity: 0.02 — excellent financial health.

EPS: ₹44.7 — supports long-term valuation.

Quarterly PAT Drop: ₹205 Cr. → ₹46.5 Cr. — a 77% decline, weakening short-term sentiment.

P/E: 85.8 vs Industry PE: 49.4 — significantly overvalued.

PEG Ratio: 2.46 — suggests price may not be justified by growth.

Volume & Sentiment

Volume Flat — no significant surge in trading interest.

FII Holding Up (0.16%), but DII Holding Down (-0.51%) — mixed institutional sentiment.

🎯 Trade Strategy

Optimal Entry Price: ₹3,250–₹3,280

Enter near recent support if MACD starts to flatten and RSI trends upward.

Exit Plan (If Holding)

Target Exit: ₹3,500–₹3,550

Conservative target near 200 DMA.

Stop Loss: ₹3,180

Below recent support to manage risk.

THERMAX is best suited for disciplined traders who can monitor technical reversals closely. If you're looking for stronger momentum setups, I can help you scan alternatives.

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