THERMON GROUP HOLDINGS INC (THR) Stock Technical Analysis
USA - NYSE:THR - US88362T1034 - Common Stock
26.58 USD
-0.06 (-0.23%)
26.58 USD
0 (0%)
Overall THR gets a technical rating of 2 out of 10. THR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, THR is a bad performer in the overall market: 82% of all stocks are doing better.
THR is one of the lesser performing stocks in the Electrical Equipment industry. 70% of 92 stocks in the same industry do better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
THR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so THR is lagging the market.
In the last month THR has a been trading in the 24.49 - 28.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
THR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
23.36
30.82
When analyzing the support we can see 4 important areas.
- Support @25.08 from a horizontal line in the daily time frame.
- Support @24.61 from a horizontal line in the weekly time frame.
- Support @24.10 from a horizontal line in the weekly time frame.
- A support zone ranging from 23.60 to 23.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @27.46 from a trend line in the daily time frame.
- A resistance zone ranging from 28.09 to 28.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 29.81 to 30.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 THR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for THR is neutral. |
| ChartMill Relative Strength | 18.81 | NEGATIVE | THR has a low relative strength, it was outperformed by 81.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of THR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of THR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of THR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.98 | NEUTRAL | The RSI value for THR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests THR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.36 | NEUTRAL | The Stochastics value for THR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for THR suggests some volalility. |
| Average Directional Index/ADX (14) | 21.05 | NEUTRAL | The ADX value for THR suggests a possible start of a new 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)
26.58
-0.06 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.23%
1 Week-3.03%
2 Weeks4.11%
1 Month0.42%
3 Month-5.78%
6 Month-6.41%
12 Month-10.95%
2 Year-3.24%
3 Year72.49%
5 Year136.69%
10 Year29.34%
15 YearN/A
Volatility
ATR(14)0.87
ATR(20)%3.26%
ATR Inc-28.22%
Range Today0.68
ADR(20)0.85
ADR(20)%3.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.81
Mansfield-1.45
10 Day High28
10 Day Low25.12
20 Day High28
20 Day Low24.49
52 Week High33.25
52 Week Low23.05
CS1 End25.08
CR1 Start27.46
Volume & EV
DER(3)0.99%
DER(5)2.18%
Volume225.00K
Volume Incr-11.1%
Vol(5)233.84K
Vol(50)222.59K