Thor Industries Stock Pattern Recognition Kicking bull or bear determined by the longer marubozu

THO Stock  USD 114.63  3.26  2.93%   
Thor Industries pattern recognition tool provides the execution environment for running the Kicking bull or bear determined by the longer marubozu recognition and other technical functions against Thor Industries. Thor Industries value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Kicking bull or bear determined by the longer marubozu recognition function is designed to identify and follow existing trends. Thor Industries momentum indicators are usually used to generate trading rules based on assumptions that Thor Industries trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was eleven with a total number of output elements of fifty. The function did not return any valid pattern recognition events for the selected time horizon. The Kicking - bull/bear determined by the longer marubozu is one of the most powerful patterns that may predict Thor Industries bearish trend reversal.

Thor Industries Technical Analysis Modules

Most technical analysis of Thor Industries help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Thor from various momentum indicators to cycle indicators. When you analyze Thor charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Thor Industries Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thor Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thor Industries based on widely used predictive technical indicators. In general, we focus on analyzing Thor Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thor Industries's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Thor Industries's intrinsic value. In addition to deriving basic predictive indicators for Thor Industries, we also check how macroeconomic factors affect Thor Industries price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Price Earnings Ratio4.0816.518.9819.89
Short Term Coverage Ratios75.0886.3577.7281.6
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Thor Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
112.01114.59117.17
Details
Intrinsic
Valuation
LowRealHigh
100.57103.15126.09
Details
Naive
Forecast
LowNextHigh
121.23123.81126.39
Details
14 Analysts
Consensus
LowTargetHigh
83.2791.50101.57
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Thor Industries. Your research has to be compared to or analyzed against Thor Industries' peers to derive any actionable benefits. When done correctly, Thor Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Thor Industries.

Thor Industries Implied Volatility

    
  28.81  
Thor Industries' implied volatility exposes the market's sentiment of Thor Industries stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Thor Industries' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Thor Industries stock will not fluctuate a lot when Thor Industries' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Thor Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Thor Industries' short interest history, or implied volatility extrapolated from Thor Industries options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested a lot of shares
Impulse Idea
Impulse
Invested over 100 shares
Business Services Idea
Business Services
Invested few shares
Banking Idea
Banking
Invested over 40 shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Tech Growth Idea
Tech Growth
Invested over 100 shares
Momentum Idea
Momentum
Invested over 70 shares
Millennials Best Idea
Millennials Best
Invested over 30 shares
Power Assets Idea
Power Assets
Invested a lot of shares
IT Idea
IT
Invested over 50 shares
When determining whether Thor Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thor Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thor Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thor Industries Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.
Note that the Thor Industries information on this page should be used as a complementary analysis to other Thor Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Thor Stock analysis

When running Thor Industries' price analysis, check to measure Thor Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thor Industries is operating at the current time. Most of Thor Industries' value examination focuses on studying past and present price action to predict the probability of Thor Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thor Industries' price. Additionally, you may evaluate how the addition of Thor Industries to your portfolios can decrease your overall portfolio volatility.
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Is Thor Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thor Industries. If investors know Thor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thor Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.74)
Dividend Share
1.86
Earnings Share
5.05
Revenue Per Share
194.511
Quarterly Revenue Growth
(0.06)
The market value of Thor Industries is measured differently than its book value, which is the value of Thor that is recorded on the company's balance sheet. Investors also form their own opinion of Thor Industries' value that differs from its market value or its book value, called intrinsic value, which is Thor Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thor Industries' market value can be influenced by many factors that don't directly affect Thor Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thor Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.