GENTHERM INC (THRM) Stock Technical Analysis
NASDAQ:THRM - Nasdaq - US37253A1034 - Common Stock - Currency: USD
Overall THRM gets a technical rating of 7 out of 10. Although THRM is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
73% of all other stocks performed better in the past year than THRM.
THRM is one of the lesser performing stocks in the Automobile Components industry. 82% of 80 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month THRM has a been trading in the 30.52 - 36.16 range, which is quite wide. It is currently trading near the high of this range.
THRM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so THRM is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although THRM has an excellent technical rating, the quality of the presented setup is 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
29.70
35.40
When analyzing the support we can see 3 important areas.
- A support zone ranging from 33.13 to 33.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 31.80 to 31.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.00 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @35.05 from a horizontal line in the weekly 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 | 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 | 27.7 | NEGATIVE | THRM has a low relative strength, it was outperformed by 72.3% off all stocks 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) | DOWN | MIXED | The current price of THRM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.14 | NEUTRAL | The RSI value for THRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests THRM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.02 | OVERBOUGHT | The high Stochastics value suggests THRM may be overbought. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for THRM suggests some volalility. |
| Average Directional Index/ADX (14) | 24.02 | NEUTRAL | The ADX value for THRM 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)
35.04
-0.38 (-1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-1.07%
1 Week7.03%
2 Weeks10.15%
1 Month14.85%
3 Month24.56%
6 Month-1.13%
12 Month-30.64%
2 Year-41.8%
3 Year-41.5%
5 Year-22.53%
10 Year-23.14%
15 YearN/A
Volatility
ATR(14)1.24
ATR(20)%3.54%
ATR Inc-14.31%
Range Today0.77
ADR(20)1.2
ADR(20)%3.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.7
Mansfield-1.08
10 Day High36.17
10 Day Low32.08
20 Day High36.17
20 Day Low30.52
52 Week High51.73
52 Week Low22.75
CS1 End33.78
CR1 Start35.05
Volume & EV
DER(3)3.03%
DER(5)2%
Volume135.50K
Volume Incr-36.67%
Vol(5)208.52K
Vol(50)281.01K