TORO CO (TTC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TTC - US8910921084 - Common Stock
80.43 USD
+7.78 (+10.71%)
80.1 USD
-0.33 (-0.41%)
Taking everything into account, TTC scores 6 out of 10 in our technical rating. TTC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month TTC has a been trading in the 67.64 - 80.60 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.
When compared to the yearly performance of all other stocks, TTC outperforms 45% of them, which is more or less in line with the market.
TTC is an average performer in the Machinery industry, it outperforms 55% of 130 stocks in the same industry.
TTC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TTC is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TTC has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
66.68
83.37
We found 6 important support areas.
- Support @77.80 from a horizontal line in the daily time frame.
- Support @75.94 from a horizontal line in the daily time frame.
- A support zone ranging from 72.79 to 74.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 69.71 to 70.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @68.50 from a trend line in the daily time frame.
- Support @67.35 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 81.64 to 82.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TTC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TTC is up. |
| ChartMill Relative Strength | 45.62 | NEUTRAL | TTC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TTC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TTC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TTC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.96 | OVERBOUGHT | The high RSI value suggests TTC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.9 | POSITIVE | The MACD value suggests TTC has a positive trend. |
| Stochastics (14,3) | 79.29 | NEUTRAL | The Stochastics value for TTC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for TTC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.24 | NEUTRAL | The ADX value for TTC suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
80.43
+7.78 (+10.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg10.71%
1 Week9.68%
2 Weeks12.92%
1 Month15.93%
3 Month2.8%
6 Month15.78%
12 Month-1.29%
2 Year-16.21%
3 Year-28.95%
5 Year-15.19%
10 Year120.14%
15 Year421.93%
Volatility
ATR(14)2.05
ATR(20)%2.53%
ATR Inc185%
Range Today4.1
ADR(20)1.74
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.62
3 months CRS74.13
6 months CRS75.38
Mansfield-0.19
10 Day High80.6
10 Day Low69.68
20 Day High80.6
20 Day Low67.64
52 Week High87.46
52 Week Low62.34
CS1 End77.8
CR1 Start81.64
Volume & EV
DER(3)1.91%
DER(5)1.55%
Volume2.61M
Volume Incr81.93%
Vol(5)1.45M
Vol(50)769.77K
TORO CO / TTC FAQ
What is the ChartMill technical rating of TORO CO (TTC) stock?
ChartMill assigns a technical rating of 6 / 10 to TTC.
What is the trend direction for TTC stock?
The current trend direction for TORO CO (TTC) is Bearish.
What is the RSI signal for TTC stock?
TORO CO (TTC) has an RSI value of 72.9557. This indicates that the stock is currently overbought.
Can you provide the MACD signal for TORO CO?
The MACD indicator for TORO CO (TTC) has a value of 0.902633, indicating a bearish trend.
What is the short term momentum for TORO CO (TTC) stock?
The short term momentum for TORO CO (TTC) is positive.