ONCOLOGY INSTITUTE INC/THE (TOI) Technical Analysis
NASDAQ:TOI • US68236X1000
Taking everything into account, TOI scores 4 out of 10 in our technical rating. Although TOI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- TOI is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry. TOI outperforms 97% of them.
- TOI has an average volume of 1742200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, TOI did better than 98% of all other stocks. We also observe that the gains produced by TOI over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 10 months ago.
- TOI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TOI is lagging the market slightly.
- In the last month TOI has a been trading in the 2.32 - 3.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TOI has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for TOI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.40
3 important support areas can be observed.
- Support @2.63 from a trend line in the weekly time frame.
- A support zone ranging from 2.50 to 2.54. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @2.42 from a trend line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 2.80 to 2.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.90 from a horizontal line in the weekly time frame.
- Resistance @2.99 from a horizontal line in the daily time frame.
- Resistance @3.77 from a trend line in the weekly time frame.
- Resistance @3.97 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 TOI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TOI is down. |
| ChartMill Relative Strength | 98.15 | POSITIVE | TOI has a high relative strength, it outperformed 98.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TOI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TOI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TOI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.83 | NEUTRAL | The RSI value for TOI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests TOI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.72 | NEUTRAL | The Stochastics value for TOI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.75 | HIGH VOLATILITY | The high ATR as a percentage value for TOI suggests high volalility. |
| Average Directional Index/ADX (14) | 19.49 | NEGATIVE | The low ADX value for TOI suggests a weak or negative trend. |
TOI Technicals: Chart, Performance Metrics, Trend & Indicators
2.78
-0.07 (-2.46%)
ONCOLOGY INSTITUTE INC/THE / TOI FAQ
Can you provide the ChartMill technical rating for ONCOLOGY INSTITUTE INC/THE?
ChartMill assigns a technical rating of 4 / 10 to TOI.
Can you provide the trend direction for ONCOLOGY INSTITUTE INC/THE?
The current trend direction for ONCOLOGY INSTITUTE INC/THE (TOI) is Bearish.
What is the RSI signal for ONCOLOGY INSTITUTE INC/THE (TOI) stock?
ONCOLOGY INSTITUTE INC/THE (TOI) has an RSI value of 47.8301. This indicates that the stock is currently neutral.
What is the MACD signal for TOI stock?
The MACD indicator for ONCOLOGY INSTITUTE INC/THE (TOI) has a value of 0.0489793, indicating a bearish trend.
What is the short term momentum for TOI stock?
The short term momentum for ONCOLOGY INSTITUTE INC/THE (TOI) is negative.