TARGET HOSPITALITY CORP (TH) Stock Technical Analysis
NASDAQ:TH - Nasdaq - US87615L1070 - Common Stock - Currency: USD
Taking everything into account, TH scores 3 out of 10 in our technical rating. In the past year, TH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, TH is a bad performer in the overall market: 79% of all stocks are doing better.
TH is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 80% of 133 stocks in the same industry do better.
In the last month TH has a been trading in the 6.61 - 7.45 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
TH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TH is lagging the market.
Although the technical rating is bad, TH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 7.11, a Stop Loss order could be placed below this zone.
More info and screens
6.75
10.14
2 important support areas can be observed.
- A support zone ranging from 7.02 to 7.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.82 to 6.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @7.38 from a horizontal line in the weekly time frame.
- Resistance @7.61 from a horizontal line in the daily time frame.
- Resistance @8.87 from a trend line in the weekly time frame.
- Resistance @10.04 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TH is neutral. |
| ChartMill Relative Strength | 21.43 | NEGATIVE | TH has a low relative strength, it was outperformed by 78.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.69 | NEUTRAL | The RSI value for TH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TH has a positive trend. |
| Stochastics (14,3) | 69.17 | NEUTRAL | The Stochastics value for TH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for TH suggests some volalility. |
| Average Directional Index/ADX (14) | 19.35 | NEGATIVE | The low ADX value for TH suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
7.2
+0.08 (+1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.12%
1 Week0%
2 Weeks3%
1 Month2.56%
3 Month9.92%
6 Month-25.58%
12 Month-17.53%
2 Year-43.62%
3 Year-47.64%
5 Year403.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%3.32%
ATR Inc-17.33%
Range Today0.27
ADR(20)0.23
ADR(20)%3.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.43
Mansfield-1.8
10 Day High7.41
10 Day Low6.93
20 Day High7.45
20 Day Low6.61
52 Week High11.1
52 Week Low4
CS1 End7.11
CR1 Start7.38
Volume & EV
DER(3)-2.2%
DER(5)-4.04%
Volume407.00K
Volume Incr26.72%
Vol(5)494.38K
Vol(50)436.03K