Monday, March 7, 2011

Thor Industries - Sell Signals

This morning on Barchart I detected sell signals on Thor Industries (THO).

THOR INDUSTRIES, INC. (THO) produces and sells a wide range of recreational vehicles and small and mid-size buses in the United States and Canada as well as related parts and accessories. The Company also manufactures axles and suspension systems.

Technical Factors:
  • 60% Barchart short term technical sell signal
  • Trend Spotter (tm) sell signal
  • Trading below its 20, 50 % 100 day moving averages
  • 17.79% off its recent high
  • Relative strength Index 37.18% and falling.
Jim Van Meerten is an analyst for  Marketocracy Capital Management.  He shares his knowledge and experience from over 40 years of investing in stocks, mutual funds and ETFs on Barchart.com  in his daily blog -- Barchart Portfolio Blogs.

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