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NYSE:TOL may be ready to breakout.

By Mill Chart

Last update: May 25, 2023

TOLL BROTHERS INC (NYSE:TOL) was identified as a Technical Breakout Setup Pattern by our stockscreener. Such a pattern occurs when we see a pause in a strong uptrend: after a strong rise the stock is consolidating a bit and at some point the trend may be continued. Whether this actually happens can not be predicted of course, but it may be a good idea to keep and eye on NYSE:TOL.

TOL Daily chart on 2023-05-25

Technical analysis of NYSE:TOL

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

We assign a technical rating of 9 out of 10 to TOL. Both in the recent history as in the last year, TOL has proven to be a steady performer, scoring decent points in every aspect analyzed.

  • Both the short term and long term trends are positive. This is a very positive sign.
  • Looking at the yearly performance, TOL did better than 92% of all other stocks.
  • TOL is part of the Household Durables industry. There are 64 other stocks in this industry. TOL outperforms 75% of them.
  • TOL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so TOL is leading the market.
  • In the last month TOL has a been trading in the 61.70 - 67.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
  • Volume is considerably higher in the last couple of days.

How do we evaluate the setup for NYSE:TOL?

ChartMill also assign a Setup Rating to every stock. With this score it is determined to what extend the stock has been trading in a range in the recent days and weeks. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. NYSE:TOL scores a 8 out of 10:

TOL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.

How can NYSE:TOL be traded?

For a potential trade one would typically wait until the stock breaks out of the consolidation zone to enter the stock and it could be sold again for a loss when it would fall back below the zone.

Of course, there are many ways to trade or not trade NYSE:TOL and this article should in no way be interpreted as trading advice. The article is purely based on an automated technical analysis and just points out the technical observations. Always make your own analysis and trade at your own responsibility.

Our Breakout analyzer lists more breakout setups and is updated daily.



NYSE:TOL (5/24/2023, 7:04:00 PM)

After market: 65.48 +0.39 (+0.6%)


+1.34 (+2.1%)

TOL News

News Image16 minutes ago - ChartmillNYSE:TOL may be ready to breakout.
News Image12 hours ago - Yahoo FinanceToll Brothers is the latest builder to capitalize on housing shortage 'phenomenon'

The builder reported better-than-expected second-quarter profits and revenue late Tuesday.

News Imagea day ago - Seeking AlphaToll Brothers stock gains 3% after hours on raised FY guidance amid strong demand

Toll Brothers (TOL) stock gained 3.4% after the bell on Tuesday as the homebuilder raised its full-year guidance and posted better-than-expected Q2 results, helped by strong...

News Imagea day ago - Seeking AlphaToll Brothers tops fiscal Q2 earnings, revenue estimates as demand improves (NYSE:TOL)

Toll Brothers (TOL) stock advanced 3.2% in Tuesday after-hours trading after the high-end homebuilder delivered earnings and revenue for fiscal Q2 that exceeded consensus estimates...

News Image2 days ago - Seeking AlphaToll Brothers GAAP EPS of $2.85 beats by $0.93, revenue of $2.51B beats by $440M

Toll Brothers press release (TOL): Q2 GAAP EPS of $2.85 beats by $0.93.Revenue of $2.51B (+10.1% Y/Y) beats by $440M.Home sales revenues were $2.5 billion, up 14% compared to FY...

News Image2 days ago - Toll Brothers, Inc.Toll Brothers Reports FY 2023 2nd Quarter Results
News Image2 days ago - Toll Brothers, Inc.Toll Brothers Reports FY 2023 2nd Quarter Results

FORT WASHINGTON, Pa., May 23, 2023 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE: TOL) (, the nation’s leading builder of luxury homes,...

News Image2 days ago - Market News VideoNoteworthy Tuesday Option Activity: TOL, IP, SAM
News Image2 days ago - Investor's Business DailyHomebuilder Toll Brothers Sales Expected To Slip As Housing Market Sends Mixed Signals

Toll Brothers reports Q2 financials Tuesday with existing-home sales retreating in April.

News Image3 days ago - MarketBeatIs PulteGroup Overbought After Double-Digit Gains?

PulteGroup has posted the biggest price gains among homebuilders as the entire industry thrives, but could the stock be approaching overbought status?

News Image7 days ago - Toll Brothers, Inc.Toll Brothers Announces Last Chance to Build a New Home in Del Mar Mesa Estates in San Diego

Only five home sites remain in this exclusive luxury estate community featuring award-winning Toll Brothers architecture...

News Image7 days ago - Market News VideoInteresting TOL Put And Call Options For July 21st
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