TOLL BROTHERS INC (TOL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TOL - US8894781033 - Common Stock
We assign a technical rating of 8 out of 10 to TOL. Although TOL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- TOL is one of the better performing stocks in the Household Durables industry, it outperforms 76% of 60 stocks in the same industry.
- TOL is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month TOL has a been trading in the 132.56 - 149.80 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- TOL has an average volume of 1169630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, TOL turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TOL has an excellent technical rating, it does not offer a high quality setup 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
125.98
When analyzing the support we can see 4 important areas.
- A support zone ranging from 139.11 to 139.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 132.98 to 136.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @129.75 from a trend line in the daily time frame.
- A support zone ranging from 127.25 to 127.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 148.82 to 148.82. 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 TOL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TOL is up. |
| ChartMill Relative Strength | 67.35 | NEUTRAL | TOL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TOL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TOL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TOL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.13 | OVERBOUGHT | The high RSI value suggests TOL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.08 | POSITIVE | The MACD value suggests TOL has a positive trend. |
| Stochastics (14,3) | 90.83 | OVERBOUGHT | The high Stochastics value suggests TOL may be overbought. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for TOL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.14 | NEGATIVE | The low ADX value for TOL suggests a weak or negative trend. |
148.81
+1.86 (+1.27%)
TOLL BROTHERS INC / TOL FAQ
What is the ChartMill technical rating of TOLL BROTHERS INC (TOL) stock?
ChartMill assigns a technical rating of 8 / 10 to TOL.
Can you provide the trend direction for TOLL BROTHERS INC?
The current trend direction for TOLL BROTHERS INC (TOL) is Bullish.
What is the RSI signal for TOLL BROTHERS INC (TOL) stock?
TOLL BROTHERS INC (TOL) has an RSI value of 71.1311. This indicates that the stock is currently overbought.
What is the MACD signal for TOL stock?
The MACD indicator for TOLL BROTHERS INC (TOL) has a value of 1.0773, indicating a bullish trend.
Can you provide the support and resistance levels for TOLL BROTHERS INC?
TOLL BROTHERS INC (TOL) has a support level at 139.22 and a resistance level at 148.82. Check the full technical report for our detailed analysis of TOL support and resistance levels.