TOAST INC-CLASS A (TOST) 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 85% of all other stocks performed better in the past year than TOST.
- TOST is part of the Financial Services industry. There are 98 other stocks in this industry, of which 67% are performing better than TOST.
- TOST is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TOST is lagging the market.
- TOST has an average volume of 11986000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month TOST has a been trading in the 24.35 - 31.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, TOST does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 27.28, a Stop Loss order could be placed below this zone.
More info and screens
26.80
When analyzing the support we notice one important area.
- A support zone ranging from 27.07 to 27.28. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @29.72 from a trend line in the daily time frame.
- A resistance zone ranging from 30.29 to 30.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.51 from a trend line 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 | NEUTRAL | NEUTRAL | The short term trend for TOST is neutral. |
| ChartMill Relative Strength | 15.93 | NEGATIVE | TOST has a low relative strength, it was outperformed by 84.07% 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) | 42.93 | NEUTRAL | The RSI value for TOST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests TOST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.45 | NEUTRAL | The Stochastics value for TOST is a neutral value. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for TOST suggests high volalility. |
| Average Directional Index/ADX (14) | 21.27 | NEUTRAL | The ADX value for TOST suggests a possible start of a new trend. |
TOST Technicals: Chart, Performance Metrics, Trend & Indicators
27.6
-1.1 (-3.83%)
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 42.9258. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for TOAST INC-CLASS A?
TOAST INC-CLASS A (TOST) has a support level at 27.28 and a resistance level at 29.72. Check the full technical report for our detailed analysis of TOST support and resistance levels.