ONCOLOGY INSTITUTE INC/THE (TOI) Stock Technical Analysis
NASDAQ:TOI - Nasdaq - US68236X1000 - Common Stock - Currency: USD
Overall TOI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TOI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that TOI is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, TOI also shows a nice and consistent pattern of rising prices.
TOI is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 100% of 103 stocks in the same industry.
TOI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month TOI has a been trading in the 2.95 - 4.50 range, which is quite wide. It is currently trading near the high of this range.
TOI has an average volume of 2149310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TOI has an excellent technical rating, it does not present a decent entry opportunity 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
2.54
4.32
We found 2 important support areas.
- Support @2.80 from a trend line in the weekly time frame.
- Support @2.57 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 | UP | POSITIVE | The long term trend for TOI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TOI is up. |
| ChartMill Relative Strength | 99.49 | POSITIVE | TOI has a high relative strength, it outperformed 99.49% 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) | UP | POSITIVE | The current price of TOI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TOI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.07 | OVERBOUGHT | The high RSI value suggests TOI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TOI has a positive trend. |
| Stochastics (14,3) | 80.05 | OVERBOUGHT | The high Stochastics value suggests TOI may be overbought. |
| Average True Range in percent/ATR (20) | 7.57 | HIGH VOLATILITY | The high ATR as a percentage value for TOI suggests high volalility. |
| Average Directional Index/ADX (14) | 33.71 | POSITIVE | The high ADX value value for TOI suggests a strong trend. |
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)
4.28
+0.12 (+2.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg2.88%
1 Week14.75%
2 Weeks16.3%
1 Month36.74%
3 Month52.86%
6 Month421.95%
12 Month782.29%
2 Year268.97%
3 Year-32.6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%7.57%
ATR Inc23.79%
Range Today0.3
ADR(20)0.31
ADR(20)%7.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.49
Mansfield19.61
10 Day High4.5
10 Day Low3.35
20 Day High4.5
20 Day Low2.95
52 Week High4.5
52 Week Low0.13
CS1 End2.8
CR1 StartN/A
Volume & EV
DER(3)0.06%
DER(5)1.9%
Volume1.77M
Volume Incr0.08%
Vol(5)2.19M
Vol(50)2.15M