THERMA BRIGHT INC (THRM.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:THRM - CA8834262070 - Common Stock
Overall THRM gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. THRM was also a bad performer in the overall market in the last year.
The technical rating of THRM is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.06
We found 1 important support area.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.09 from a trend line in the daily time frame.
- Resistance @0.11 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 | DOWN | NEGATIVE | The long term trend for THRM.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for THRM.CA is up. |
| ChartMill Relative Strength | 2.6 | NEGATIVE | THRM.CA has a low relative strength, it was outperformed by 97.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of THRM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of THRM.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of THRM.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.4 | NEUTRAL | The RSI value for THRM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests THRM.CA has a positive trend. |
| Stochastics (14,3) | 86.67 | OVERBOUGHT | The high Stochastics value suggests THRM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.71 | HIGH VOLATILITY | The high ATR as a percentage value for THRM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.09 | NEGATIVE | The low ADX value for THRM.CA suggests a weak or negative trend. |
TSX-V:THRM (1/9/2026, 7:00:00 PM)
0.07
+0.01 (+7.69%)
THERMA BRIGHT INC / THRM.CA FAQ
What is the technical rating for THRM stock?
ChartMill assigns a technical rating of 2 / 10 to THRM.CA.
What is the current trend direction of THERMA BRIGHT INC (THRM.CA) stock?
The current trend direction for THERMA BRIGHT INC (THRM.CA) is Bearish.
What is the RSI signal for THRM stock?
THERMA BRIGHT INC (THRM.CA) has an RSI value of 66.4019. This indicates that the stock is currently neutral.
Can you provide the MACD signal for THERMA BRIGHT INC?
The MACD indicator for THERMA BRIGHT INC (THRM.CA) has a value of 0.00300555, indicating a bearish trend.
What is the buy/sell signal for THERMA BRIGHT INC (THRM.CA) stock?
The buy/sell signal for THERMA BRIGHT INC (THRM.CA) is hold as the short term and long term trends are mixed.