THERMON GROUP HOLDINGS INC (THR)

US88362T1034 - Common Stock

31.18  +0.34 (+1.1%)

After market: 31.18 0 (0%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to THR. THR has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

When comparing the yearly performance of all stocks, THR is a bad performer in the overall market: 66% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month THR has a been trading in the 25.83 - 31.55 range, which is quite wide. It is currently trading near the high of this range.
THR is part of the Electrical Equipment industry. There are 91 other stocks in this industry, THR did better than 54% of them.
THR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so THR is lagging the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
THR Weekly chart
THR Daily chart
Setup Rating and Analysis

7

THR has an average technical rating and also the quality of the setup is only medium 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.

Support and Resistance Analysis

26.35

31.49

2 important support areas can be observed.

  • A support zone ranging from 28.45 to 29.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @26.62 from a trend line in the weekly time frame.

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
CRS34.86
Mansfield-0.89
10 Day High31.56
10 Day Low27.1
20 Day High31.56
20 Day Low25.83
52 Week High35.93
52 Week Low23.76
Performance
1 Week5.3%
2 Weeks7.41%
1 Month15.57%
3 Month1.27%
6 Month-12.61%
12 Month0.19%
2 Year53.52%
3 Year80.65%
5 Year18.83%
10 Year28.9%
15 YearN/A
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)0.35
RSI(14)68.26
LBB26.66
UBB32.17
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
31.5728.443.13 (9.90%)10.10%
An entry @31.57. This is a Buy Stop order right above the 10 day high.An exit @28.44. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 3.13 points, which is 9.90%.For a 1.00% total portfolio risk, you can invest 10.10% 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.
THR Daily chart

THERMON GROUP HOLDINGS INC

NYSE:THR (11/21/2024, 8:04:00 PM)

After market: 31.18 0 (0%)

31.18

+0.34 (+1.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1.1%
1 Week5.3%
2 Weeks7.41%
1 Month15.57%
3 Month1.27%
6 Month-12.61%
12 Month0.19%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.38
ATR(20)%3.8%
ATR Inc
Range Today1.11
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 High31.56
10 Day Low27.1
20 Day High31.56
20 Day Low25.83
52 Week High35.93
52 Week Low23.76
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume211.40K
Volume Incr42.46%
Vol(5)267.84K
Vol(50)159.39K