THOR INDUSTRIES INC (THO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:THO - US8851601018 - Common Stock
We assign a technical rating of 5 out of 10 to THO. In the last year, THO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
THO has an average technical rating and the quality of the presented setup is also 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.
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95.07
We found 3 important support areas.
- A support zone ranging from 100.76 to 103.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @98.65 from a horizontal line in the weekly time frame.
- A support zone ranging from 96.03 to 97.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 109.21 to 109.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 111.67 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 | 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 | 32.79 | 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) | UP | POSITIVE | The current price of THO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.5 | NEUTRAL | The RSI value for THO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.92 | POSITIVE | The MACD value suggests THO has a positive trend. |
| Stochastics (14,3) | 88.8 | OVERBOUGHT | The high Stochastics value suggests THO may be overbought. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for THO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.57 | NEGATIVE | The low ADX value for THO suggests a weak or negative trend. |
105.62
-0.37 (-0.35%)
THOR INDUSTRIES INC / THO FAQ
What is the technical rating for THO stock?
ChartMill assigns a technical rating of 5 / 10 to THO.
Can you provide the trend direction for THOR INDUSTRIES INC?
The current trend direction for THOR INDUSTRIES INC (THO) is Bearish.
What is the RSI signal for THO stock?
THOR INDUSTRIES INC (THO) has an RSI value of 56.4976. 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 0.919275, 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 103.81 and a resistance level at 109.21. Check the full technical report for our detailed analysis of THO support and resistance levels.