Taking everything into account, THRM scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, THRM is a bad performer.
Besides having an excellent technical rating, THRM also presents 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. We notice that large players showed an interest for THRM in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
31.49
When analyzing the support we can see 4 important areas.
- Support @34.09 from a trend line in the daily time frame.
- A support zone ranging from 33.47 to 33.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.68 from a horizontal line in the daily time frame.
- Support @31.81 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.20 to 37.93. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for THRM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for THRM is up. |
| ChartMill Relative Strength | 39.12 | NEUTRAL | THRM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of THRM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of THRM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of THRM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.11 | NEUTRAL | The RSI value for THRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests THRM has a negative trend. |
| Stochastics (14,3) | 55.75 | NEUTRAL | The Stochastics value for THRM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for THRM suggests some volalility. |
| Average Directional Index/ADX (14) | 12.38 | NEGATIVE | The low ADX value for THRM suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 37.94 | 36.69 | 1.25 (3.29%) | 25.00% |
| An entry @37.94. This is a Buy Stop order right above the resistance zone. | An exit @36.69. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.25 points, which is 3.29%. | For a 0.82% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of THRM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
37.01
-0.11 (-0.3%)
GENTHERM INC / THRM FAQ
What is the technical rating for THRM stock?
ChartMill assigns a technical rating of 7 / 10 to THRM.
Can you provide the trend direction for GENTHERM INC?
The current trend direction for GENTHERM INC (THRM) is Bullish.
What is the RSI signal for GENTHERM INC (THRM) stock?
GENTHERM INC (THRM) has an RSI value of 53.1138. This indicates that the stock is currently neutral.
What is the buy/sell signal for THRM stock?
The buy/sell signal for GENTHERM INC (THRM) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for GENTHERM INC?
GENTHERM INC (THRM) has a support level at 34.09 and a resistance level at 37.2. Check the full technical report for our detailed analysis of THRM support and resistance levels.