TOYO CO LTD (TOYO) Technical Analysis
NASDAQ:TOYO • KYG8976D1079
Current stock price
TOYO Technical Rating and Analysis
Overall TOYO gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TOYO 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, TOYO did better than 98% of all other stocks. On top of that, TOYO also shows a nice and consistent pattern of rising prices.
- TOYO is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 92% of 115 stocks in the same industry.
- A new 52 week high is currently being made by TOYO, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month TOYO has a been trading in the 7.30 - 12.88 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TOYO Weekly and Daily overview Charts
TOYO Setup Rating and Analysis
Although TOYO has an excellent technical rating, it does not offer a high quality setup 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
TOYO Support and Resistance Analysis
5.63
5 important support areas can be observed.
- Support @8.24 from a trend line in the weekly time frame.
- Support @7.60 from a trend line in the daily time frame.
- A support zone ranging from 7.26 to 7.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.06 from a trend line in the daily time frame.
- Support @5.69 from a horizontal line in the daily time frame.
TOYO Technical Indicator Signal Analysis
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 TOYO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TOYO is up. |
| ChartMill Relative Strength | 98.64 | POSITIVE | TOYO has a high relative strength, it outperformed 98.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TOYO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TOYO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TOYO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.09 | OVERBOUGHT | The high RSI value suggests TOYO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests TOYO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.87 | OVERBOUGHT | The high Stochastics value suggests TOYO may be overbought. |
| Average True Range in percent/ATR (20) | 6.76 | HIGH VOLATILITY | The high ATR as a percentage value for TOYO suggests high volalility. |
| Average Directional Index/ADX (14) | 31.52 | POSITIVE | The high ADX value value for TOYO suggests a strong trend. |
TOYO Chart- and CandleStick Pattern Analysis
TOYO Technicals: Chart, Performance Metrics, Trend & Indicators
11.75
-0.28 (-2.33%)
TOYO CO LTD / TOYO TA FAQ
What is the technical rating for TOYO stock?
ChartMill assigns a technical rating of 10 / 10 to TOYO.
Can you provide the trend direction for TOYO CO LTD?
The current trend direction for TOYO CO LTD (TOYO) is Bullish.
Can you provide the RSI signal for TOYO CO LTD?
TOYO CO LTD (TOYO) has an RSI value of 72.091. This indicates that the stock is currently overbought.
Can you provide the MACD signal for TOYO CO LTD?
The MACD indicator for TOYO CO LTD (TOYO) has a value of 0.343783, indicating a bearish trend.
What is the buy/sell signal for TOYO stock?
The buy/sell signal for TOYO CO LTD (TOYO) is buy as both the short term and long term trends are positive.