THOR INDUSTRIES INC (THO) Stock Technical Analysis
NYSE:THO - New York Stock Exchange, Inc. - US8851601018 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to THO. THO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, THO is a bad performer in the overall market: 83% of all stocks are doing better.
THO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
THO is part of the Automobiles industry. There are 40 other stocks in this industry, THO did better than 58% of them.
In the last month THO has a been trading in the 96.94 - 106.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, THO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 96.12, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for THO in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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.
More info and screens
89.98
109.31
When analyzing the support we can see 3 important areas.
- Support @96.12 from a horizontal line in the daily time frame.
- A support zone ranging from 94.11 to 94.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 90.89 to 91.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 100.26 to 105.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @108.23 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.54
Mansfield-1.1
10 Day High105.75
10 Day Low98.23
20 Day High106.83
20 Day Low96.94
52 Week High129.31
52 Week Low88.37
Performance
1 Week-3.45%
2 Weeks-1.89%
1 Month-3.06%
3 Month-11.76%
6 Month-7.98%
12 Month-20.37%
2 Year8.79%
3 Year9.38%
5 Year31.27%
10 Year60.54%
15 Year191.75%
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)-0.26
RSI(14)44.03
LBB98.63
UBB104.55
98.99
-1.54 (-1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-1.53%
1 Week-3.45%
2 Weeks-1.89%
1 Month-3.06%
3 Month-11.76%
6 Month-7.98%
12 Month-20.37%
2 Year8.79%
3 Year9.38%
5 Year31.27%
10 Year60.54%
15 Year191.75%
Volatility
ATR(14)3.07
ATR(20)%3.24%
ATR Inc-26.77%
Range Today2.63
ADR(20)2.92
ADR(20)%2.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.54
Mansfield-1.1
10 Day High105.75
10 Day Low98.23
20 Day High106.83
20 Day Low96.94
52 Week High129.31
52 Week Low88.37
CS1 End96.12
CR1 Start100.26
Volume & EV
DER(3)1.42%
DER(5)3.42%
Volume561.30K
Volume Incr-16.5%
Vol(5)513.76K
Vol(50)573.41K