THOR INDUSTRIES INC (THO) Stock Technical Analysis
NYSE:THO - New York Stock Exchange, Inc. - US8851601018 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to THO. THO has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month THO has a been trading in the 77.96 - 91.11 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, THO turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
THO is part of the Automobiles industry. There are 37 other stocks in this industry, THO did better than 69% of them.
THO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so THO is lagging the market.
THO has an average technical rating and also the quality of the setup is only medium 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
78.47
105.29
3 important support areas can be observed.
- Support @87.74 from a trend line in the daily time frame.
- A support zone ranging from 81.99 to 83.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 79.26 to 79.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 87.84 to 88.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @92.27 from a trend line in the weekly time frame.
- Resistance @101.70 from a trend line in the weekly time frame.
- Resistance @104.25 from a horizontal line in the daily 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 THO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for THO is up. |
| ChartMill Relative Strength | 48.8 | NEUTRAL | THO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of THO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of THO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of THO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.3 | NEUTRAL | The RSI value for THO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests THO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.7 | NEUTRAL | The Stochastics value for THO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for THO suggests some volalility. |
| Average Directional Index/ADX (14) | 26.92 | POSITIVE | The high ADX value value for THO suggests a strong 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)
87.83
-0.79 (-0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-0.89%
1 Week2.23%
2 Weeks8.06%
1 Month6.41%
3 Month8.98%
6 Month-16.04%
12 Month-4.01%
2 Year-15.14%
3 Year17.53%
5 Year-17.55%
10 Year56.06%
15 Year269.81%
Volatility
ATR(14)3.12
ATR(20)%3.24%
ATR Inc-21.36%
Range Today3.41
ADR(20)2.7
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.8
Mansfield-1.24
10 Day High91.12
10 Day Low78.65
20 Day High91.12
20 Day Low77.96
52 Week High118.85
52 Week Low63.16
CS1 End87.74
CR1 Start87.84
Volume & EV
DER(3)-5.79%
DER(5)-3.94%
Volume608.10K
Volume Incr18.69%
Vol(5)934.17K
Vol(50)838.47K