Overall TH gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. TH was also a bad performer in the overall market in the last year.
The technical rating of TH is bad and it also does not present a quality setup 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
6.19
We found 1 important support area.
- A support zone ranging from 6.25 to 6.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 7.81 to 7.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.43 from a trend line in the weekly time frame.
- Resistance @8.92 from a trend line in the daily time frame.
- Resistance @9.50 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 | NEUTRAL | NEUTRAL | The long term trend for TH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TH is up. |
| ChartMill Relative Strength | 24.78 | NEGATIVE | TH has a low relative strength, it was outperformed by 75.22% 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) | DOWN | MIXED | The current price of TH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TH is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.84 | NEUTRAL | The RSI value for TH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests TH has a positive trend. |
| Stochastics (14,3) | 87.89 | OVERBOUGHT | The high Stochastics value suggests TH may be overbought. |
| Average True Range in percent/ATR (20) | 6.04 | HIGH VOLATILITY | The high ATR as a percentage value for TH suggests high volalility. |
| Average Directional Index/ADX (14) | 23.34 | NEUTRAL | The ADX value for TH suggests a possible start of a new trend. |
7.8
+0.12 (+1.56%)
TARGET HOSPITALITY CORP / TH FAQ
What is the ChartMill technical rating of TARGET HOSPITALITY CORP (TH) stock?
ChartMill assigns a technical rating of 3 / 10 to TH.
Can you provide the trend direction for TARGET HOSPITALITY CORP?
The current trend direction for TARGET HOSPITALITY CORP (TH) is Bearish.
What is the RSI signal for TARGET HOSPITALITY CORP (TH) stock?
TARGET HOSPITALITY CORP (TH) has an RSI value of 62.8446. This indicates that the stock is currently neutral.
What is the short term momentum for TH stock?
The short term momentum for TARGET HOSPITALITY CORP (TH) is positive.
What is the support and resistance level for TH stock?
TARGET HOSPITALITY CORP (TH) has a support level at 6.28 and a resistance level at 7.81. Check the full technical report for our detailed analysis of TH support and resistance levels.