Technical Analysis for THR - Thermon Group Holdings, Inc.

Grade Last Price % Change Price Change
A 34.17 1.52% 0.51
THR closed up 0.54 percent on Wednesday, May 8, 2024, on 72 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: May 23
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Slingshot Bullish Bullish Swing Setup 1.52%
Outside Day Range Expansion 1.52%
Overbought Stochastic Strength 1.52%
Up 3 Days in a Row Strength 1.52%
Stochastic Sell Signal Bearish 2.06%
NR7 Range Contraction 2.06%
NR7-2 Range Contraction 2.06%
Upper Bollinger Band Walk Strength 2.06%
Overbought Stochastic Strength 2.06%
Upper Bollinger Band Touch Strength 2.06%

   Recent Intraday Alerts

Alert Time
Rose Above Upper Bollinger Band about 1 hour ago
Up 2% about 1 hour ago
60 Minute Opening Range Breakout about 2 hours ago
Slingshot Bullish Entry about 2 hours ago
Rose Above Previous Day's High about 2 hours ago

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Profile

Thermon Group Holdings, Inc. Description

Thermon Group Holdings, Inc. provides thermal engineered solutions for process industries in the United States, Canada, Europe, and Asia. Its products include a range of electric heat tracing cables, steam tracing components, tubing bundles, and instrument and control products. The company offers self-regulating and power limiting heating cables, which automatically increase or decrease heat output as pipe temperature changes; mineral insulated cable, a heat tracing cable for generating high temperatures used in harsh environments; and heat traced tube bundles for environmental gas sampling systems. It also provides heat transfer compounds and steam tracers for steam tracing solutions; control and monitoring systems for electric tracing of pipes, tanks, hoppers, and instrument sampling systems; hopper heating modules, which are self-contained heaters for use in cement plants and fossil fuel power facilities; and turnkey solutions that provide solutions for heat tracing comprising project planning, product supply, engineering services, system integration, installation, commissioning, and maintenance. The company offers its solutions to the energy, chemical processing, and power generation companies, as well as engineering, procurement, and construction companies. It serves customers through a network of sales and service professionals, and distributors. The company is headquartered in San Marcos, Texas.


Classification

Sector: Industrials
Industry: Diversified Industrials
Keywords: Construction Engineering Services Plumbing Heating Ventilating Home Appliances Piping Fossil Fuel Chemical Process Chemical Processing Control Products Heat Transfer Engineered Solutions Tracing Turnkey Solution Cement Plants Electric Heating Turnkey Solutions

Is THR a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 34.07
52 Week Low 20.7
Average Volume 202,877
200-Day Moving Average 29.22
50-Day Moving Average 30.72
20-Day Moving Average 31.52
10-Day Moving Average 32.58
Average True Range 0.86
RSI (14) 68.55
ADX 23.56
+DI 26.34
-DI 14.97
Chandelier Exit (Long, 3 ATRs) 31.37
Chandelier Exit (Short, 3 ATRs) 31.92
Upper Bollinger Bands 34.01
Lower Bollinger Band 29.03
Percent B (%b) 0.93
BandWidth 15.83
MACD Line 0.68
MACD Signal Line 0.46
MACD Histogram 0.2138
Fundamentals Value
Market Cap 1.13 Billion
Num Shares 33.7 Million
EPS 1.44
Price-to-Earnings (P/E) Ratio 23.38
Price-to-Sales 1.88
Price-to-Book 1.97
PEG Ratio 4.04
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 35.09
Resistance 3 (R3) 35.02 34.49 34.85
Resistance 2 (R2) 34.49 34.12 34.52 34.77
Resistance 1 (R1) 34.07 33.90 34.28 34.14 34.69
Pivot Point 33.54 33.54 33.64 33.57 33.54
Support 1 (S1) 33.12 33.17 33.33 33.19 32.63
Support 2 (S2) 32.59 32.95 32.62 32.55
Support 3 (S3) 32.17 32.59 32.47
Support 4 (S4) 32.24