TARGET HOSPITALITY CORP (TH) Technical Analysis
NASDAQ:TH • US87615L1070
Current stock price
TH Technical Rating and Analysis
Taking everything into account, TH scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, TH has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that TH is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by TH over the past year are nicely spread over this period.
- TH is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry. TH outperforms 95% of them.
- TH is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TH is performing more or less in line with the market.
- TH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
TH Weekly and Daily overview Charts
TH Setup Rating and Analysis
Although TH has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
TH Support and Resistance Analysis
6.55
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.98 to 9.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.62 to 6.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @9.32 from a horizontal line in the weekly time frame.
TH Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for TH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TH is up. |
| ChartMill Relative Strength | 88.96 | POSITIVE | TH has a high relative strength, it outperformed 88.96% 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) | UP | POSITIVE | The current price of TH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.67 | NEUTRAL | The RSI value for TH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests TH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.66 | NEUTRAL | The Stochastics value for TH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.58 | HIGH VOLATILITY | The high ATR as a percentage value for TH suggests high volalility. |
| Average Directional Index/ADX (14) | 34.66 | POSITIVE | The high ADX value value for TH suggests a strong trend. |
TH Chart- and CandleStick Pattern Analysis
TH Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.33 | 8.97 | 0.36 (3.86%) | 25.00% |
| An entry @9.33. This is a Buy Stop order right above the resistance zone. | An exit @8.97. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.36 points, which is 3.86%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
- The distance between exit and entry is rather small compared to the average daily movement of TH. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TH Technicals: Chart, Performance Metrics, Trend & Indicators
9.03
-0.07 (-0.77%)
TARGET HOSPITALITY CORP / TH TA FAQ
What is the ChartMill technical rating of TARGET HOSPITALITY CORP (TH) stock?
ChartMill assigns a technical rating of 10 / 10 to TH.
What is the current trend direction of TARGET HOSPITALITY CORP (TH) stock?
The current trend direction for TARGET HOSPITALITY CORP (TH) is Bullish.
What is the RSI signal for TARGET HOSPITALITY CORP (TH) stock?
TARGET HOSPITALITY CORP (TH) has an RSI value of 62.6684. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for TARGET HOSPITALITY CORP?
The buy/sell signal for TARGET HOSPITALITY CORP (TH) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for TARGET HOSPITALITY CORP (TH) stock?
TARGET HOSPITALITY CORP (TH) has a support level at 9.02 and a resistance level at 9.32. Check the full technical report for our detailed analysis of TH support and resistance levels.