ONCOLOGY INSTITUTE INC/THE (TOI) Stock Technical Analysis
NASDAQ:TOI - Nasdaq - US68236X1000 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to TOI. Both in the recent history as in the last year, TOI has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
TOI is part of the Health Care Providers & Services industry. There are 103 other stocks in this industry. TOI outperforms 99% of them.
TOI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TOI is lagging the market slightly.
In the last month TOI has a been trading in the 2.02 - 3.17 range, which is quite wide. It is currently trading near the high of this range.
TOI has an average volume of 1967340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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. However, this overall performance is mostly based on the strong move around 4 months ago.
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. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.18
3.35
When analyzing the support we notice one important area.
- Support @2.20 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.31 to 3.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for TOI is neutral. |
| ChartMill Relative Strength | 99.31 | POSITIVE | TOI has a high relative strength, it outperformed 99.31% 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) | 65.39 | NEUTRAL | The RSI value for TOI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests TOI has a positive trend. |
| Stochastics (14,3) | 84.59 | OVERBOUGHT | The high Stochastics value suggests TOI may be overbought. |
| Average True Range in percent/ATR (20) | 7.37 | HIGH VOLATILITY | The high ATR as a percentage value for TOI suggests high volalility. |
| Average Directional Index/ADX (14) | 19.44 | NEGATIVE | The low ADX value for TOI suggests a weak or negative 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)
3.13
+0.26 (+9.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg9.06%
1 Week24.21%
2 Weeks39.73%
1 Month9.44%
3 Month74.86%
6 Month937.45%
12 Month565.96%
2 Year220.24%
3 Year-51.55%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%7.37%
ATR Inc143.26%
Range Today0.4
ADR(20)0.23
ADR(20)%7.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.31
Mansfield16.71
10 Day High3.17
10 Day Low2.02
20 Day High3.17
20 Day Low2.02
52 Week High3.5
52 Week Low0.13
CS1 End2.2
CR1 Start3.31
Volume & EV
DER(3)5.38%
DER(5)3.53%
Volume2.65M
Volume Incr12.66%
Vol(5)2.28M
Vol(50)1.97M