RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of THRM
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Green day on Thursday for Gentherm Inc
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 15, 2024 Gain 13.93% PDF

The Gentherm Inc stock price gained 1.23% on the last trading day (Thursday, 28th Mar 2024), rising from $56.88 to $57.58. During the last trading day the stock fluctuated 1.99% from a day low at $56.71 to a day high of $57.84. The price has fallen in 6 of the last 10 days but is still up by 6.59% over the past 2 weeks. Volume fell on the last day by -159 shares and in total, 180 thousand shares were bought and sold for approximately $10.37 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 16.97% during the next 3 months and, with a 90% probability hold a price between $61.88 and $73.79 at the end of this 3-month period.

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THRM Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Wednesday, February 21, 2024, and so far it has fallen -2.70%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The Gentherm Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $55.49 and $54.42. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Gentherm Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $49.95 and $48.83. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Gentherm Inc finds support just below today's level at $49.95. If this is broken, then the next support from accumulated volume will be at $48.83 and $48.51.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.13 between high and low, or 1.99%. For the last week the stock has had daily average volatility of 2.73%.

Our recommended stop-loss: $55.52 (-3.58%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 26 days ago.)

Trading Expectations (THRM) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Gentherm Inc to open at $57.38, and during the day (based on 14 day Average True Range), to move between $55.89 and $59.27, which gives a possible trading interval of +/-$1.69 (+/-2.93%) up or down from last closing price. If Gentherm Inc takes out the full calculated possible swing range there will be an estimated 5.87% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $57.71 (0.23%) than the support at $49.95 (13.25%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Gentherm Inc stock A Buy?

Gentherm Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Current score: 5.920 Strong Buy Candidate Unchanged

Predicted Opening Price for Gentherm Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$57.38 ( 0.353%) $57.58

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for THRM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 58.51 1.61 %
R2 58.08 0.86 %
R1 57.81 0.397 %
Current price: 57.58
Support S1 56.95 -1.10 %
S2 56.68 -1.57 %
S3 56.25 -2.32 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 59.18 2.78 %
R2 58.37 1.37 %
R1 57.71 0.226 %
Current price 57.58
Support S1 49.95 -13.25%
S2 48.83 -15.20%
S3 48.51 -15.75%

FAQ

What is the symbol for Gentherm Inc Stock and on which exchange is it traded?
The symbol for Gentherm Inc is THRM and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Gentherm Inc Stock?
Gentherm Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

How to buy Gentherm Inc Stock?
Gentherm Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Gentherm Inc Stock.

What's the current price of Gentherm Inc Stock?
As of the end of day on the 2024-03-28, the price of an Gentherm Inc (THRM) share was $57.58.

What is the 52-week high and low for Gentherm Inc Stock?
The 52-week high for Gentherm Inc Stock is $66.54 and the 52-week low is $38.21.

What is the market capitalization of Gentherm Inc Stock?
As of the 2024-03-28, the market capitalization of Gentherm Inc is 1.816B.

When is the next earnings date for Gentherm Inc?
The upcoming earnings date for Gentherm Inc is Apr 25, 2024.
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About Gentherm Inc

Gentherm Gentherm Incorporated designs, develops, manufactures, and markets thermal management technologies. The company operates in two segments, Automotive and Medical. The Automotive segment offers climate comfort systems, which include seat heaters, blowers, and thermoelectric devices for variable temperature climate control seats and steering wheel heaters that are designed to provide thermal comfort to automobile passengers; integrated electronic co... THRM Profile

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