TORO CORP (TORO) Stock Technical Analysis
NASDAQ:TORO - Nasdaq - MHY8900D1085 - Common Stock - Currency: USD
Overall TORO gets a technical rating of 0 out of 10. TORO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
93% of all other stocks performed better in the past year than TORO.
TORO is one of the lesser performing stocks in the Marine Transportation industry. 67% of 32 stocks in the same industry do better.
TORO is currently trading near the lower end of its 52 week range, which is not a good sign. TORO is lagging the S&P500 Index which is trading in the middle of its 52 week range.
TORO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, TORO does present a nice setup opportunity. 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 1.96. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for TORO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.84
3.34
When analyzing the support we notice one important area.
- Support @1.86 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 1.96 to 1.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.10 from a trend line in the daily time frame.
- A resistance zone ranging from 2.21 to 2.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.07 from a trend line in the weekly time frame.
- Resistance @3.31 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.97
Mansfield-3.84
10 Day High2.03
10 Day Low1.86
20 Day High2.59
20 Day Low1.7
52 Week High4.85
52 Week Low1.7
Performance
1 Week-0.52%
2 Weeks1.06%
1 Month-9.48%
3 Month-31.18%
6 Month-37.05%
12 Month-57.99%
2 Year-37.25%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)41.7
LBB1.85
UBB1.97
1.92
+0.03 (+1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg1.59%
1 Week-0.52%
2 Weeks1.06%
1 Month-9.48%
3 Month-31.18%
6 Month-37.05%
12 Month-57.99%
2 Year-37.25%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%9.76%
ATR Inc-45.13%
Range Today0.07
ADR(20)0.17
ADR(20)%8.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.97
Mansfield-3.84
10 Day High2.03
10 Day Low1.86
20 Day High2.59
20 Day Low1.7
52 Week High4.85
52 Week Low1.7
CS1 End1.86
CR1 Start1.96
Volume & EV
DER(3)5.34%
DER(5)-4.83%
Volume20.30K
Volume Incr-66.12%
Vol(5)21.36K
Vol(50)39.06K