THOR INDUSTRIES INC (THO) Stock Technical Analysis
USA - NYSE:THO - US8851601018 - Common Stock
Taking everything into account, THO scores 4 out of 10 in our technical rating. THO has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
THO has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 103.64, a Stop Loss order could be placed below this zone.
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98.27
2 important support areas can be observed.
- A support zone ranging from 102.75 to 103.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 99.26 to 99.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 103.92 to 105.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 109.21 to 112.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @115.57 from a horizontal 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 | UP | POSITIVE | The long term trend for THO is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for THO is down. |
| ChartMill Relative Strength | 53.98 | NEUTRAL | THO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of THO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of THO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of THO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.47 | NEUTRAL | The RSI value for THO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests THO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.21 | OVERSOLD | The low Stochastics value suggests THO may be oversold. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for THO suggests some volalility. |
| Average Directional Index/ADX (14) | 12.05 | NEGATIVE | The low ADX value for THO suggests a weak or negative trend. |
103.84
+2.01 (+1.97%)
THOR INDUSTRIES INC / THO FAQ
What is the technical rating for THO stock?
ChartMill assigns a technical rating of 4 / 10 to THO.
Can you provide the trend direction for THOR INDUSTRIES INC?
The current trend direction for THOR INDUSTRIES INC (THO) is Bullish.
What is the RSI signal for THO stock?
THOR INDUSTRIES INC (THO) has an RSI value of 47.466. This indicates that the stock is currently neutral.
What is the MACD signal for THO stock?
The MACD indicator for THOR INDUSTRIES INC (THO) has a value of -0.435878, indicating a bearish trend.
Can you provide the support and resistance levels for THOR INDUSTRIES INC?
THOR INDUSTRIES INC (THO) has a support level at 103.64 and a resistance level at 103.92. Check the full technical report for our detailed analysis of THO support and resistance levels.