THOR INDUSTRIES INC (THO)

US8851601018 - Common Stock

110.53  +2.24 (+2.07%)

After market: 110.53 0 (0%)

Technical Rating and Analysis

6

Taking everything into account, THO scores 6 out of 10 in our technical rating. Although THO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
THO is part of the Automobiles industry. There are 41 other stocks in this industry. THO outperforms 92% of them.
When compared to the yearly performance of all other stocks, THO outperforms 50% of them, which is more or less in line with the market.
THO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so THO is lagging the market.
In the last month THO has a been trading in the 103.40 - 116.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
THO Weekly chart
THO Daily chart
Setup Rating and Analysis

9

Although the technical rating is only medium, THO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 112.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 109.98, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.
Support and Resistance Analysis

94.97

118.51

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 104.08 to 109.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 95.93 to 96.12. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 112.97 to 113.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 115.57 to 117.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.6
Mansfield-0.83
10 Day High116.4
10 Day Low106.06
20 Day High116.4
20 Day Low103.4
52 Week High129.31
52 Week Low88.37
Performance
1 Week1.01%
2 Weeks0.71%
1 Month5.55%
3 Month2.74%
6 Month15.57%
12 Month9.2%
2 Year28.31%
3 Year4.56%
5 Year73.33%
10 Year88.1%
15 Year288.51%
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)53.83
LBB105.27
UBB113.75
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
113.56106.057.52 (6.62%)15.11%
An entry @113.56. This is a Buy Stop order right above the resistance zone.An exit @106.05. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 7.52 points, which is 6.62%.For a 1.00% total portfolio risk, you can invest 15.11% of your capital in this trade.

  • 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.
THO Daily chart

THOR INDUSTRIES INC

NYSE:THO (11/21/2024, 4:42:04 PM)

After market: 110.53 0 (0%)

110.53

+2.24 (+2.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg2.07%
1 Week1.01%
2 Weeks0.71%
1 Month5.55%
3 Month2.74%
6 Month15.57%
12 Month9.2%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.79
ATR(20)%3.43%
ATR Inc
Range Today3.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High116.4
10 Day Low106.06
20 Day High116.4
20 Day Low103.4
52 Week High129.31
52 Week Low88.37
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume561.29K
Volume Incr-1.27%
Vol(5)513.31K
Vol(50)579.23K