TREEHOUSE FOODS INC (THS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:THS - US89469A1043 - Common Stock
Taking everything into account, THS scores 8 out of 10 in our technical rating. Although THS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, THS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 23.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.72, a Stop Loss order could be placed below this zone.
More info and screens
19.19
When analyzing the support we can see 2 important areas.
- A support zone ranging from 23.28 to 23.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.38 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.90 to 23.90. 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 THS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for THS is up. |
| ChartMill Relative Strength | 44.37 | NEUTRAL | THS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of THS is above 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) | DOWN | MIXED | The current price of THS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.56 | OVERBOUGHT | The high RSI value suggests THS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests THS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.12 | OVERBOUGHT | The high Stochastics value suggests THS may be overbought. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for THS suggests some volalility. |
| Average Directional Index/ADX (14) | 35.2 | POSITIVE | The high ADX value value for THS suggests a strong 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 |
|---|---|---|---|
| 23.91 | 23.27 | 0.64 (2.68%) | 25.00% |
| An entry @23.91. This is a Buy Stop order right above the resistance zone. | An exit @23.27. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.64 points, which is 2.68%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.67%. |
- The distance between exit and entry is rather small compared to the average daily movement of THS. 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.
23.89
+0.19 (+0.8%)
TREEHOUSE FOODS INC / THS FAQ
What is the technical rating for THS stock?
ChartMill assigns a technical rating of 8 / 10 to THS.
Can you provide the trend direction for TREEHOUSE FOODS INC?
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 70.5575. This indicates that the stock is currently overbought.
Can you provide the MACD signal for TREEHOUSE FOODS INC?
The MACD indicator for TREEHOUSE FOODS INC (THS) has a value of 0.0302041, indicating a bearish trend.
What is the buy/sell signal for THS stock?
The buy/sell signal for TREEHOUSE FOODS INC (THS) is buy as both the short term and long term trends are positive.