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Thermax (THERMAX)

Predictions Overview

1Y Prediction

Target Price: ₹10,497.92

Expected Return: 164.83%

Confidence: 9.88%

2Y Prediction

Target Price: ₹13,529.59

Expected Return: 241.31%

Confidence: 9.96%

3Y Prediction

Target Price: ₹16,350.09

Expected Return: 312.46%

Confidence: 9.95%

Technical Analysis

PeriodPrice TargetExpected ReturnConfidenceVolatilityCI LowCI High
1Y₹10,497.92 164.83%9.88%16.86%₹10,494.26₹10,501.58
2Y₹13,529.59 241.31%9.96%16.23%₹13,525.19₹13,533.98
3Y₹16,350.09 312.46%9.95%16.17%₹16,344.81₹16,355.37

Market States Analysis

PeriodState 1ProbabilityState 2ProbabilityState 3Probability
1YStrong Bullish High Volatility25%Neutral High Volatility47%Moderately Bullish High Volati26%
2YStrong Bullish High Volatility17%Neutral High Volatility50%Moderately Bullish High Volati31%
3YStrong Bullish High Volatility16%Neutral High Volatility51%Moderately Bullish High Volati32%

Market Regime Analysis

Current Regime: weak_uptrend

1 Year Analysis

Week 52 Projection:
Target Price: 10497.92 (+164.8% expected return)

Market Analysis (Week 52):
Technical Indicators:
- ADX: 24.1
- RSI Analysis: Neutral at 39.0
- RSI Adaptive range: 28.0 - 48.0
- Volume Profile: Neutral.

MACD Analysis:
• MACD Line: -180.64
• Signal Line: -47.09
• Signal: Bearish (moderate momentum)
• Trend Confirmation: MACD aligned with RSI showing bearish momentum

Volatility Analysis:
• High volatility environment at 40% level

Dominant Market States:
• Strong Bullish High Volatility (25.5% probability)
Average Duration: 8.7 weeks
- High volatility expected in this state
• Moderately Bullish High Volatility (26.6% probability)
Average Duration: 16.7 weeks
- High volatility expected in this state