Tocagen Inc (TOCA) Stock Technical Analysis
NASDAQ:TOCA - Nasdaq -
Overall TOCA gets a technical rating of 4 out of 10. In the past year, TOCA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
99% of all other stocks performed better in the past year than TOCA.
TOCA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TOCA is lagging the market.
In the last month TOCA has a been trading in the 1.15 - 1.87 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
TOCA has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.19
2.16
We found 2 important support areas.
- A support zone ranging from 1.24 to 1.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.20 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.30 to 1.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.56 from a trend line in the daily time frame.
- Resistance @2.14 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TOCA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TOCA is neutral. |
| ChartMill Relative Strength | 1.95 | NEGATIVE | TOCA has a low relative strength, it was outperformed by 98.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TOCA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TOCA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TOCA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.53 | NEUTRAL | The RSI value for TOCA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TOCA has a negative trend. |
| Stochastics (14,3) | 16.02 | OVERSOLD | The low Stochastics value suggests TOCA may be oversold. |
| Average True Range in percent/ATR (20) | 16.04 | HIGH VOLATILITY | The high ATR as a percentage value for TOCA suggests high volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.26
-0.05 (-3.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.82%
1 Week-10.64%
2 Weeks3.28%
1 Month6.78%
3 Month-11.27%
6 Month143.29%
12 Month-79.24%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%16.04%
ATR Inc35.66%
Range Today0.28
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.95
Mansfield-3.32
10 Day High1.87
10 Day Low1.16
20 Day High1.87
20 Day Low1.15
52 Week High6.77
52 Week Low0.42
CS1 End1.26
CR1 Start1.3
Volume & EV
DER(3)-10.46%
DER(5)-3.91%
Volume761.40K
Volume Incr74.73%
Vol(5)804.00K
Vol(50)464.85K