Technical Analysis for THR - Thermon Group Holdings, Inc.

Grade Last Price % Change Price Change
D 29.74 -3.32% -1.02
THR closed down 3.32 percent on Monday, July 1, 2024, on 83 percent of normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Flat

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 200 DMA Bearish 0.00%
Multiple of Ten Bearish Other 0.00%
Crossed Above 20 DMA Bullish -3.32%
Pocket Pivot Bullish Swing Setup -3.32%
Volume Surge Other -3.32%
Doji - Bearish? Reversal -3.32%
Gapped Up Strength -3.32%
Up 3 Days in a Row Strength -3.32%
Up 4 Days in a Row Strength -3.32%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low about 9 hours ago
Down 1% about 9 hours ago
20 DMA Support 3 days ago
60 Minute Opening Range Breakdown 3 days ago
Rose Above 20 DMA 3 days 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 35.93
52 Week Low 23.76
Average Volume 188,733
200-Day Moving Average 30.23
50-Day Moving Average 32.09
20-Day Moving Average 30.12
10-Day Moving Average 29.65
Average True Range 0.91
RSI (14) 42.20
ADX 32.67
+DI 19.74
-DI 27.03
Chandelier Exit (Long, 3 ATRs) 32.68
Chandelier Exit (Short, 3 ATRs) 31.31
Upper Bollinger Bands 31.80
Lower Bollinger Band 28.43
Percent B (%b) 0.39
BandWidth 11.19
MACD Line -0.70
MACD Signal Line -0.83
MACD Histogram 0.1324
Fundamentals Value
Market Cap 1 Billion
Num Shares 33.7 Million
EPS 1.44
Price-to-Earnings (P/E) Ratio 20.65
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) 31.39
Resistance 3 (R3) 31.56 31.18 31.12
Resistance 2 (R2) 31.18 30.76 31.10 31.02
Resistance 1 (R1) 30.46 30.50 30.27 30.29 30.93
Pivot Point 30.08 30.08 29.99 30.00 30.08
Support 1 (S1) 29.36 29.66 29.17 29.19 28.55
Support 2 (S2) 28.98 29.40 28.90 28.46
Support 3 (S3) 28.26 28.98 28.37
Support 4 (S4) 28.09