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 and short term trends are both positive. This is looking good!
Looking at the yearly performance, TOST did better than 95% of all other stocks. We also observe that the gains produced by TOST over the past year are nicely spread over this period.
TOST is one of the better performing stocks in the Financial Services industry, it outperforms 94% of 99 stocks in the same industry.
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 41.10 - 45.56 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 7507280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
TOST has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 42.27, a Stop Loss order could be placed below this zone.
More info and screens
31.51
42.97
We found 3 important support areas.
- A support zone ranging from 41.62 to 42.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.96 from a trend line in the weekly time frame.
- A support zone ranging from 31.83 to 32.11. 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 | UP | POSITIVE | The short term trend for TOST is up. |
| ChartMill Relative Strength | 95.02 | POSITIVE | TOST has a high relative strength, it outperformed 95.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TOST is below a declining 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) | 55.13 | NEUTRAL | The RSI value for TOST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests TOST has a negative trend. |
| Stochastics (14,3) | 46.86 | NEUTRAL | The Stochastics value for TOST is a neutral value. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for TOST suggests some volalility. |
| Average Directional Index/ADX (14) | 24.24 | NEUTRAL | The ADX value for TOST suggests a possible start of a new 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 |
|---|---|---|---|
| 42.81 | 41.61 | 1.20 (2.81%) | 25.00% |
| An entry @42.81. This is a Buy Stop order right above the 10 day moving average. | An exit @41.61. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.20 points, which is 2.81%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.70%. |
- The distance between exit and entry is rather small compared to the average daily movement of TOST. Please evaluate whether better entry and exit points can be found.
- 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.
42.54
-0.69 (-1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-1.6%
1 Week-0.65%
2 Weeks0.71%
1 Month-5.66%
3 Month23.45%
6 Month11.57%
12 Month87.24%
2 Year88.48%
3 Year228.75%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.4
ATR(20)%3.16%
ATR Inc-32.06%
Range Today0.9
ADR(20)1.3
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.02
Mansfield1.98
10 Day High45.24
10 Day Low41.1
20 Day High45.56
20 Day Low41.1
52 Week High45.56
52 Week Low22.1
CS1 End42.27
CR1 StartN/A
Volume & EV
DER(3)-1.92%
DER(5)-2.15%
Volume3.52M
Volume Incr-48.3%
Vol(5)4.67M
Vol(50)7.51M