TOAST INC-CLASS A (TOST) Stock Technical Analysis
NYSE:TOST - New York Stock Exchange, Inc. - US8887871080 - Common Stock - Currency: USD
Taking everything into account, TOST scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TOST is showing a nice and steady performance.
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!
Looking at the yearly performance, TOST did better than 92% of all other stocks. On top of that, TOST also shows a nice and consistent pattern of rising prices.
TOST is part of the Financial Services industry. There are 100 other stocks in this industry. TOST outperforms 94% of them.
TOST 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 TOST is lagging the market slightly.
In the last month TOST has a been trading in the 40.24 - 45.24 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
TOST has an average volume of 7429830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TOST has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 44.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.63, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TOST 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
30.64
45.69
We found 5 important support areas.
- A support zone ranging from 42.80 to 43.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 41.10 to 41.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.68 from a trend line in the weekly time frame.
- Support @32.47 from a trend line in the weekly time frame.
- Support @30.95 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.73 to 45.24. 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 TOST is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TOST is neutral. |
| ChartMill Relative Strength | 92.35 | POSITIVE | TOST has a high relative strength, it outperformed 92.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TOST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TOST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TOST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.51 | NEUTRAL | The RSI value for TOST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests TOST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.35 | NEUTRAL | The Stochastics value for TOST is a neutral value. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for TOST suggests some volalility. |
| Average Directional Index/ADX (14) | 14.29 | NEGATIVE | The low ADX value for TOST 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)
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 |
|---|---|---|---|
| 45.25 | 41.48 | 3.77 (8.33%) | 12.00% |
| An entry @45.25. This is a Buy Stop order right above the resistance zone. | An exit @41.48. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.77 points, which is 8.33%. | For a 1.00% total portfolio risk, you can invest 12.00% of your capital in this trade. |
- 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.
43.58
+1.04 (+2.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg2.44%
1 Week2.57%
2 Weeks2.35%
1 Month4.16%
3 Month42.7%
6 Month15.9%
12 Month69.84%
2 Year97.46%
3 Year172.72%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.64
ATR(20)%3.72%
ATR Inc-1.43%
Range Today1.56
ADR(20)1.56
ADR(20)%3.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.35
Mansfield1.58
10 Day High45.14
10 Day Low40.24
20 Day High45.24
20 Day Low40.24
52 Week High45.56
52 Week Low22.1
CS1 End41.63
CR1 Start44.73
Volume & EV
DER(3)3.84%
DER(5)3.19%
Volume3.30M
Volume Incr-3.56%
Vol(5)6.33M
Vol(50)7.43M