THERMA BRIGHT INC (THRM.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:THRM - CA8834262070 - Common Stock
Taking everything into account, THRM scores 4 out of 10 in our technical rating. In the past year, THRM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 98% of all other stocks performed better in the past year than THRM.
- THRM is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 93% of 16 stocks in the same industry do better.
- THRM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- In the last month THRM has a been trading in the 0.05 - 0.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
THRM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.08. Right above this resistance zone may be a good entry point.
More info and screens
0.06
When analyzing the support we notice one important 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 | 2.18 | NEGATIVE | THRM.CA has a low relative strength, it was outperformed by 97.82% 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) | 55.9 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 71.11 | NEUTRAL | The Stochastics value for THRM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.86 | HIGH VOLATILITY | The high ATR as a percentage value for THRM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.34 | POSITIVE | The high ADX value value for THRM.CA suggests a strong trend. |
TSX-V:THRM (1/27/2026, 7:00:00 PM)
0.07
0 (-6.67%)
THERMA BRIGHT INC / THRM.CA FAQ
What is the technical rating for THRM stock?
ChartMill assigns a technical rating of 4 / 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 55.8997. 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 0.000869281, 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.