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

By James Quinn

Thor Industries (NYSE:THO) crossed under its 10-day moving average of $95.75 on a volume of 175K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Thor Industries has traded in a range of $87.62 to $161.48 and is now at $95.36, 9% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.5%.

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