TREEHOUSE FOODS INC (THS) Stock Technical Analysis
NYSE:THS • US89469A1043
Overall THS gets a technical rating of 7 out of 10. Although THS is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 80% of all other stocks performed better in the past year than THS.
- THS is one of the lesser performing stocks in the Food Products industry. 60% of 88 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- THS has an average volume of 1299300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- THS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so THS is lagging the market.
- In the last month THS has a been trading in a tight range between 23.95 and 24.85.
- Volume is considerably higher in the last couple of days.
Although THS has an excellent technical rating, it does not present a decent entry opportunity 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
23.05
When analyzing the support we notice one important area.
- A support zone ranging from 23.28 to 24.02. 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 one important area.
- A resistance zone ranging from 24.47 to 24.72. 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 THS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for THS is up. |
| ChartMill Relative Strength | 20.24 | NEGATIVE | THS has a low relative strength, it was outperformed by 79.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of THS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of THS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of THS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.65 | NEUTRAL | The RSI value for THS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests THS has a negative trend. |
| Stochastics (14,3) | 42.35 | NEUTRAL | The Stochastics value for THS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.81 | LOW VOLATILITY | The low ATR as a percentage value for THS suggests low volalility. |
| Average Directional Index/ADX (14) | 42.8 | POSITIVE | The high ADX value value for THS suggests a strong trend. |
24.43
-0.02 (-0.08%)
TREEHOUSE FOODS INC / THS FAQ
What is the technical rating for THS stock?
ChartMill assigns a technical rating of 7 / 10 to THS.
What is the trend direction for THS stock?
The current trend direction for TREEHOUSE FOODS INC (THS) is Bullish.
Can you provide the RSI signal for TREEHOUSE FOODS INC?
TREEHOUSE FOODS INC (THS) has an RSI value of 56.6531. This indicates that the stock is currently neutral.
What is the short term momentum for TREEHOUSE FOODS INC (THS) stock?
The short term momentum for TREEHOUSE FOODS INC (THS) is positive.
What are the support and resistance levels for TREEHOUSE FOODS INC (THS) stock?
TREEHOUSE FOODS INC (THS) has a support level at 24.02 and a resistance level at 24.47. Check the full technical report for our detailed analysis of THS support and resistance levels.