We assign a technical rating of 4 out of 10 to THRM. THRM was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
THRM 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.
More info and screens
31.49
4 important support areas can be observed.
- A support zone ranging from 34.94 to 35.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.47 from a horizontal line in the weekly time frame.
- A support zone ranging from 32.68 to 32.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @31.81 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 35.91 to 36.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 37.17 to 37.87. 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 | UP | POSITIVE | The long term trend for THRM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for THRM is neutral. |
| ChartMill Relative Strength | 26.21 | NEGATIVE | THRM has a low relative strength, it was outperformed by 73.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of THRM is below a declining 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) | DOWN | MIXED | The current price of THRM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.69 | NEUTRAL | The RSI value for THRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests THRM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.32 | NEUTRAL | The Stochastics value for THRM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for THRM suggests some volalility. |
| Average Directional Index/ADX (14) | 14.48 | NEGATIVE | The low ADX value for THRM suggests a weak or negative trend. |
35.67
-0.39 (-1.08%)
GENTHERM INC / THRM FAQ
What is the technical rating for THRM stock?
ChartMill assigns a technical rating of 4 / 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 50.6875. This indicates that the stock is currently neutral.
What is the support and resistance level for THRM stock?
GENTHERM INC (THRM) has a support level at 35.41 and a resistance level at 35.91. Check the full technical report for our detailed analysis of THRM support and resistance levels.