TOI Technical Analysis - TOPICUS.COM INC-SUB VOTING

Technical Rating and Analysis

Taking everything into account, TOI scores 0 out of 10 in our technical rating. TOI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

86% of all other stocks performed better in the past year than TOI.

In the last month TOI has a been trading in the 138.95 - 166.00 range, which is quite wide. It is currently trading near the lows of this range.

TOI is an average performer in the Software industry, it outperforms 45% of 63 stocks in the same industry.

TOI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TOI is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

TOPICUS.COM INC-SUB VOTING / TOI Weekly stock chart

TOPICUS.COM INC-SUB VOTING / TOI Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, TOI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 139.99, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

121.78

183.60

We found 2 important support areas.

A support zone ranging from 138.13 to 139.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @123.01 from a trend line in the weekly time frame.

We can see 3 important resistance areas.

A resistance zone ranging from 151.93 to 152.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @171.43 from a trend line in the daily time frame.
Resistance @181.78 from a horizontal line in the daily time frame.

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Technical Indicator Signal Analysis

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 TOI.CA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for TOI.CA is down.
ChartMill Relative Strength	14.7	NEGATIVE	TOI.CA has a low relative strength, it was outperformed by 85.3% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of TOI.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of TOI.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of TOI.CA is below the rising SMA(200).
Relative Strength Index/RSI (14)	30.26	NEUTRAL	The RSI value for TOI.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.61	NEGATIVE	The MACD value suggests TOI.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	6.01	OVERSOLD	The low Stochastics value suggests TOI.CA may be oversold.
Average True Range in percent/ATR (20)	3.87	MEDIUM VOLATILITY	The ATR as a percentage value for TOI.CA suggests some volalility.
Average Directional Index/ADX (14)	35.52	POSITIVE	The high ADX value value for TOI.CA suggests a strong trend.