TOAST INC-CLASS A (TOST) Stock Technical Analysis
NYSE:TOST • US8887871080
Taking everything into account, TOST scores 0 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, TOST is a bad performer in the overall market: 87% of all stocks are doing better.
- TOST is part of the Financial Services industry. There are 97 other stocks in this industry, of which 79% are performing better than TOST.
- TOST is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- TOST 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- TOST has an average volume of 10239100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TOST has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
27.06
We found 1 important support area.
- A support zone ranging from 27.33 to 27.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 29.47 to 29.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 31.98 to 32.17. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 33.12 to 33.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 | DOWN | NEGATIVE | The long term trend for TOST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TOST is down. |
| ChartMill Relative Strength | 13.62 | NEGATIVE | TOST has a low relative strength, it was outperformed by 86.38% 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) | 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) | 37.26 | NEUTRAL | The RSI value for TOST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TOST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.17 | NEUTRAL | The Stochastics value for TOST is a neutral value. |
| Average True Range in percent/ATR (20) | 5.21 | HIGH VOLATILITY | The high ATR as a percentage value for TOST suggests high volalility. |
| Average Directional Index/ADX (14) | 34.73 | POSITIVE | The high ADX value value for TOST suggests a strong trend. |
27.64
-0.03 (-0.11%)
TOAST INC-CLASS A / TOST FAQ
What is the technical rating for TOST stock?
ChartMill assigns a technical rating of 0 / 10 to TOST.
Can you provide the trend direction for TOAST INC-CLASS A?
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 37.2562. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for TOAST INC-CLASS A?
The buy/sell signal for TOAST INC-CLASS A (TOST) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for TOAST INC-CLASS A (TOST) stock?
TOAST INC-CLASS A (TOST) has a support level at 27.59 and a resistance level at 29.47. Check the full technical report for our detailed analysis of TOST support and resistance levels.