NASDAQ:TORO - Nasdaq - MHY8900D1085 - Common Stock - Currency: USD
Overall TORO gets a technical rating of 9 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, TORO is showing a nice and steady performance.
Besides having an excellent technical rating, TORO 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 3.17. Right above this resistance zone may be a good entry point.
2.30
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice one important area.
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 TORO is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TORO is up. |
ChartMill Relative Strength | 83.18 | POSITIVE | TORO has a high relative strength, it outperformed 83.18% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of TORO is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TORO is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TORO is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 58.37 | NEUTRAL | The RSI value for TORO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests TORO has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 28.65 | NEUTRAL | The Stochastics value for TORO is a neutral value. |
Average True Range in percent/ATR (20) | 7.26 | HIGH VOLATILITY | The high ATR as a percentage value for TORO suggests high volalility. |
Average Directional Index/ADX (14) | 45.98 | POSITIVE | The high ADX value value for TORO suggests a strong trend. |
NASDAQ:TORO (8/6/2025, 2:00:03 PM)
2.94
-0.07 (-2.33%)