NYSE:TOT - New York Stock Exchange, Inc. -
We assign a technical rating of 7 out of 10 to TOT. Although TOT is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, TOT 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 a resistance zone just above the current price starting at 48.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.03, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
43.61
We found 3 important support areas.
2 important resistance areas can be observed.
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 |
---|---|---|---|
49.18 | 46.31 | 2.87 (5.84%) | 17.14% |
An entry @49.18. This is a Buy Stop order right above the resistance zone. | An exit @46.31. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.87 points, which is 5.84%. | When investing 17.14% of your capital in this trade, your total portfolio risk will be 1.00%. |
48.3
-0.29 (-0.6%)