Question 1

What does the Stochastic Oscillator suggest about THO's trend?

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 2

How did THO's Momentum indicator behave recently?

Accepted Answer

THO saw its Momentum Indicator move above the 0 level on August 15, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 76 similar instances where the indicator turned positive. In 65 of the 76 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 3

What does MACD indicator imply for THO?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for THO turned negative on August 05, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In 41 of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 4

What does a 3-day price advance indicate for THO?

Accepted Answer

Following a +3.66% 3-day Advance, the price is estimated to grow further. Considering data from situations where THO advanced for three days, in 258 of 337 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 5

What does a 3-day decline signify for THO's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where THO declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 6

How does the Aroon Indicator reflect on THO's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 158 of 237 cases where THO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

THO Stock Thor Industries (THO, $97.63) entered Uptrend as Momentum indicator ascends above 0 level on Jun 06, 2024

Momentum Indicator for THO turns positive, indicating new upward trend

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