Thorn (TGA)

Download button icon Download

Thorn (TGA): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Thorn (TGA.AX)


Indicator:

RATE OF CHANGE


Last Signal:

BULLISH


Trading: HOLD @ $0.615
Signal Strength: MEDIUM
Recommendation:

Thorn (ASX:TGA) currently has positive rate of change of 6.034%. This means the current price is greater than the price 14 days ago and therefore gaining momentum.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


Rate of Change (ROC) is a refinement of Momentum - readings fluctuate as percentages around the zero line. The indicator is designed for use in ranging markets - to detect trend weakness and likely reversal points. However when combined with a trend indicator it can be used in trending markets.

Calculation: Rate of Change (ROC):
1) (Closing Price [today] - Closing Price [n days ago]) / Closing Price [n days ago] * 100


PROFILE: Thorn (TGA.AX)


Stock Exchange: ASX
Company: Thorn
Ticker Codes: | TGA.AX | ASX:TGA |

About Thorn (ASX:TGA):

Thorn Group Limited, together with its subsidiaries, provides a range of financial solutions to consumers and businesses in Australia. It is involved in the leasing of household products to consumers; and provision of leasing and other financial services to small and medium size enterprises under the Radio Rentals name. The company also engages in the provision of loans, commercial finance, and receivables management services. Thorn Group Limited was founded in 1937 and is based in Chullora, Australia.

Top 10:

Rate of Change

Download button icon Download
Company Close Change (%) Volume Value Signal
GSW Getswift 0.49 19.5 394,220 20.99 BULLISH
KGN Kogan 4.57 15.1 2,758,211 36.01 BULLISH
IRI Integrated Research 2.49 8.3 567,896 46.47 BULLISH
AXP Airxpanders Inc 0.03 6.7 158,933 33.33 BULLISH
FSA FSA 1.13 6.1 36,905 4.63 BULLISH
SFR Sandfire Resources 7.06 6 1,338,899 7.79 BULLISH
OPT Opthea 0.72 5.9 76,223 28.57 BULLISH
MSB Mesoblast 1.37 5.4 773,896 14.17 BULLISH
CCP Credit Corp 21.16 5.3 229,040 13.34 BULLISH
KDR Kidman Resources 1.23 5.2 2,238,007 14.49 BULLISH
back to top