We assign a technical rating of 1 out of 10 to TH. TH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 69% of all other stocks performed better in the past year than TH.
- TH is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 60% of 131 stocks in the same industry.
- 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.
- In the last month TH has a been trading in the 6.70 - 8.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, TH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
6.15
3 important support areas can be observed.
- Support @6.84 from a trend line in the daily time frame.
- Support @6.51 from a trend line in the weekly time frame.
- A support zone ranging from 6.21 to 6.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 7.28 to 7.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.64 to 7.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.22 from a trend line in the weekly time frame.
- Resistance @8.48 from a trend line in the daily time frame.
- Resistance @9.00 from a horizontal line in the daily time frame.
- Resistance @9.24 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 | DOWN | NEGATIVE | The short term trend for TH is down. |
| ChartMill Relative Strength | 31.59 | NEUTRAL | TH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TH is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.2 | 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) | 44.63 | NEUTRAL | The Stochastics value for TH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for TH suggests some volalility. |
| Average Directional Index/ADX (14) | 27.2 | POSITIVE | The high ADX value value for TH suggests a strong trend. |
7.27
+0.06 (+0.83%)
TARGET HOSPITALITY CORP / TH FAQ
What is the ChartMill technical rating of TARGET HOSPITALITY CORP (TH) stock?
ChartMill assigns a technical rating of 1 / 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 Bearish.
What is the RSI signal for TARGET HOSPITALITY CORP (TH) stock?
TARGET HOSPITALITY CORP (TH) has an RSI value of 43.2038. 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 sell as both the short term and long term trends are negative.
What are the support and resistance levels for TARGET HOSPITALITY CORP (TH) stock?
TARGET HOSPITALITY CORP (TH) has a support level at 6.84 and a resistance level at 7.28. Check the full technical report for our detailed analysis of TH support and resistance levels.