TOAST INC-CLASS A (TOST) Stock Technical Analysis
USA - NYSE:TOST - US8887871080 - Common Stock
Taking everything into account, TOST scores 2 out of 10 in our technical rating. TOST scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, TOST does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 38.31. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
34.04
We found 2 important support areas.
- Support @35.80 from a trend line in the weekly time frame.
- A support zone ranging from 34.38 to 35.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 38.31 to 39.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @41.63 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for TOST is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TOST is neutral. |
| ChartMill Relative Strength | 24.76 | NEGATIVE | TOST has a low relative strength, it was outperformed by 75.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TOST is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TOST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TOST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.69 | NEUTRAL | The RSI value for TOST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests TOST has a positive trend. |
| Stochastics (14,3) | 59.56 | NEUTRAL | The Stochastics value for TOST is a neutral value. |
| Average True Range in percent/ATR (20) | 4.56 | MEDIUM VOLATILITY | The ATR as a percentage value for TOST suggests some volalility. |
| Average Directional Index/ADX (14) | 18.81 | NEGATIVE | The low ADX value for TOST suggests a weak or negative trend. |
37
+0.62 (+1.7%)
TOAST INC-CLASS A / TOST FAQ
What is the technical rating for TOST stock?
ChartMill assigns a technical rating of 2 / 10 to TOST.
What is the trend direction for TOST stock?
The current trend direction for TOAST INC-CLASS A (TOST) is Bearish.
What is the RSI signal for TOAST INC-CLASS A (TOST) stock?
TOAST INC-CLASS A (TOST) has an RSI value of 48.6861. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TOAST INC-CLASS A?
The MACD indicator for TOAST INC-CLASS A (TOST) has a value of 0.0996355, indicating a bearish trend.
What is the short term momentum for TOST stock?
The short term momentum for TOAST INC-CLASS A (TOST) is neutral.