Target Hospitality Corp. (TH)

Target Hospitality Corp. is trading at $17.58, down 2.71% on the session. The 50 day average sits at $17.43 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 57.8, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $15.95 with resistance near $17.54, so that band frames the current range. Average daily movement is roughly $0.99, or about 5.6% of the share price, which is what any stop placement has to allow for. The overall health score of 60 out of 100 combines a trend score of 52, momentum of 79 and a risk score of 46.

Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. It operates through Hospitality & Facilities Services – South, Workforce Hospitality Solutions, and Government segments. The company owns a network of specialty rental accommodation units. It also provides catering and food, maintenance, housekeeping, grounds-keeping, security, health and recreation facilities, workforce community management, concierge, and laundry services. In addition, the company offers construction services. It serves the U.S. government contractors and investment grade natural resource development companies. Target Hospitality Corp. was founded in 1978 and is headquartered in The Woodlands, Texas.