TOLL BROTHERS INC (TOL) Stock Technical Analysis
NYSE:TOL - New York Stock Exchange, Inc. - US8894781033 - Common Stock - Currency: USD
Overall TOL gets a technical rating of 7 out of 10. In the last year, TOL was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
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 80% of 63 stocks in the same industry.
In the last month TOL has a been trading in the 104.09 - 123.71 range, which is quite wide. It is currently trading near the high of this range.
TOL has an average volume of 1757260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, TOL outperforms 67% of them, which is more or less in line with the market.
TOL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TOL is lagging the market.
Besides having an excellent technical rating, TOL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 120.79. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
96.85
123.86
3 important support areas can be observed.
- A support zone ranging from 108.91 to 111.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 103.31 to 104.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @97.83 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 120.79 to 122.63. 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 | 67.03 | 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) | DOWN | NEGATIVE | The current price of TOL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.95 | NEUTRAL | The RSI value for TOL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests TOL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.91 | OVERBOUGHT | The high Stochastics value suggests TOL may be overbought. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for TOL suggests some volalility. |
| Average Directional Index/ADX (14) | 32.54 | POSITIVE | The high ADX value value for TOL 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 122.64 | 113.09 | 9.55 (7.79%) | 12.84% |
| An entry @122.64. This is a Buy Stop order right above the resistance zone. | An exit @113.09. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 9.55 points, which is 7.79%. | When investing 12.84% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
120.78
-1.85 (-1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.51%
1 Week2.54%
2 Weeks6.11%
1 Month10.41%
3 Month29.01%
6 Month-2.23%
12 Month-1.92%
2 Year50.35%
3 Year145.59%
5 Year216.18%
10 Year210.33%
15 Year595.74%
Volatility
ATR(14)3.65
ATR(20)%3.02%
ATR Inc-29.07%
Range Today2
ADR(20)3.56
ADR(20)%2.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.03
Mansfield-1.21
10 Day High123.71
10 Day Low113.1
20 Day High123.71
20 Day Low104.09
52 Week High169.52
52 Week Low86.67
CS1 End111
CR1 Start120.79
Volume & EV
DER(3)-0.23%
DER(5)-0.74%
Volume1.77M
Volume Incr2.26%
Vol(5)1.85M
Vol(50)1.76M