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Thor Industries Crosses Above its 10-day MA (THO)

By James Quinn

Today, shares of Thor Industries (NYSE:THO) have advanced above their 10-day MA of $99.06 on a volume of 137K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Thor Industries has traded in a range of $89.89 to $161.48 and is now at $99.39, 11% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.4%.

SmarTrend is tracking the current trend status for Thor Industries and will alert subscribers who have THO in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses thor industries

Ticker(s): THO