# Thorn (TGA)

#### Thorn (TGA): Signals

No data currently available.

TECHNICAL ANALYSIS SUMMARY

Thorn current pivot point (DeMark) is:
(R1) \$0.623.

The current pivot point (DeMark) is:
(S1) \$0.593.

Demark Pivot Points start with a different base and use different formulas for support and resistance. These Pivot Points are conditional on the relationship between the close and the open.

Calculation: Demarks Pivot Points:
1) If Close < Open then X = High + (2 x Low) + Close;
2) If Close > Open then X = (2 x High) + Low + Close;
3) If Close = Open then X = High + Low + (2 x Close) ;
4) Pivot Point (P) = X/4;
5) Support 1 (S1) = X/2 – High;
6) Resistance 1 (R1) = X/2 – Low;

PROFILE: Thorn (TGA.AX)

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

Demark's Pivot Points

Company Close Change (%) Volume Value Signal
PNV Polynovo 0.56 1.8 1,534,336 -2,172 BEARISH
SIV Silver Chef 1.95 0.8 100,275 -1,468 BEARISH
BAP Burson 7.39 0.8 512,514 -4,571.88 BEARISH
APA Australian Pipeline Trust 9.86 0.6 1,112,210 -5,147.37 BEARISH
DMP Domino 50.9 0.5 138,529 -5,096.46 BEARISH
IGL International Goldfields 2.18 0.5 481,323 -2,675 BEARISH
JHX James Hardie Industries 20.91 0.5 580,271 -7,994.23 BEARISH
MND Monadelphous 15.74 0.5 411,439 -7,775 BEARISH
MNY Money3 2.18 0.5 191,267 -4,310 BEARISH
JHC Japara Healthcare 1.38 0.4 831,573 -5,472 BEARISH