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

By Nick Russo

Thor Industries (NYSE:THO) crossed under its 10-day moving average of $99.46 on a volume of 531K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Thor Industries share prices have moved between a 52-week high of $161.48 and a 52-week low of $87.96 and are now trading 11% above that low price at $97.20 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.3%.

SmarTrend is monitoring the recent change of momentum in Thor Industries. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Thor Industries in search of a potential trend change.

Keywords: moving crosses thor industries

Ticker(s): THO