THORNE HEALTHTECH INC (THRN) Stock Technical Analysis
NASDAQ:THRN - Nasdaq - US8852601090 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to THRN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, THRN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that THRN is one of the better performing stocks in the market, outperforming 99% of all stocks.
THRN is one of the better performing stocks in the Personal Care Products industry, it outperforms 100% of 37 stocks in the same industry.
A new 52 week high is currently being made by THRN, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month THRN has a been trading in a tight range between 10.14 and 10.20.
Considerably lower volume is observed in the last couple of days.
THRN has an excellent technical rating and also presents a decent setup pattern. 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 10.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.19, a Stop Loss order could be placed below this zone.
More info and screens
4.43
10.31
We found 3 important support areas.
- A support zone ranging from 10.17 to 10.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.18 from a trend line in the daily time frame.
- Strong support @4.47 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.20 to 10.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.36
Mansfield7.97
10 Day High10.2
10 Day Low10.17
20 Day High10.2
20 Day Low10.14
52 Week High10.2
52 Week Low3.41
Performance
1 Week0%
2 Weeks0%
1 Month0%
3 Month106.69%
6 Month110.54%
12 Month121.52%
2 Year24.57%
3 YearN/A
5 YearN/A
10 YearN/A
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)-0.09
RSI(14)72.14
LBB10.16
UBB10.2
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 |
|---|---|---|---|
| 10.22 | 10.16 | 0.06 (0.59%) | 25.00% |
| An entry @10.22. This is a Buy Stop order right above the resistance zone. | An exit @10.16. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.06 points, which is 0.59%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.15%. |
- 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.
10.19
-0.01 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg-0.1%
1 Week0%
2 Weeks0%
1 Month0%
3 Month106.69%
6 Month110.54%
12 Month121.52%
2 Year24.57%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.19%
ATR Inc-19.23%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.36
Mansfield7.97
10 Day High10.2
10 Day Low10.17
20 Day High10.2
20 Day Low10.14
52 Week High10.2
52 Week Low3.41
CS1 End10.19
CR1 Start10.2
Volume & EV
DER(3)-5.23%
DER(5)-5.37%
Volume84.60K
Volume Incr-61.94%
Vol(5)108.72K
Vol(50)293.02K