TORO CO (TTC) Stock Technical Analysis
NYSE:TTC - New York Stock Exchange, Inc. - US8910921084 - Common Stock - Currency: USD
Taking everything into account, TTC scores 2 out of 10 in our technical rating. TTC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, TTC is a bad performer in the overall market: 79% of all stocks are doing better.
TTC is one of the lesser performing stocks in the Machinery industry. 70% of 128 stocks in the same industry do better.
In the last month TTC has a been trading in the 72.06 - 77.14 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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.
TTC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 74.35, a Stop Loss order could be placed below this zone.
More info and screens
65.07
99.77
We found 3 important support areas.
- A support zone ranging from 73.06 to 74.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @70.19 from a trend line in the daily time frame.
- A support zone ranging from 65.73 to 65.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @75.94 from a horizontal line in the daily time frame.
- A resistance zone ranging from 77.80 to 77.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @98.78 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for TTC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TTC is neutral. |
| ChartMill Relative Strength | 21.28 | NEGATIVE | TTC has a low relative strength, it was outperformed by 78.72% off all stocks 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) | DOWN | MIXED | The current price of TTC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TTC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.02 | NEUTRAL | The RSI value for TTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests TTC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.15 | NEUTRAL | The Stochastics value for TTC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for TTC suggests some volalility. |
| Average Directional Index/ADX (14) | 11.81 | NEGATIVE | The low ADX value for TTC suggests a weak or negative 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)
74.4
+1.43 (+1.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.96%
1 Week-0.13%
2 Weeks1.54%
1 Month1.1%
3 Month2.86%
6 Month-7.22%
12 Month-15.54%
2 Year-27.29%
3 Year-10.29%
5 Year-1.17%
10 Year108.7%
15 Year496.39%
Volatility
ATR(14)1.49
ATR(20)%2.1%
ATR Inc21.72%
Range Today1.58
ADR(20)1.49
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.28
Mansfield-1.24
10 Day High76.07
10 Day Low72.19
20 Day High77.14
20 Day Low72.07
52 Week High93
52 Week Low62.34
CS1 End74.35
CR1 Start75.94
Volume & EV
DER(3)2.29%
DER(5)0.85%
Volume433.00K
Volume Incr-3.15%
Vol(5)615.82K
Vol(50)898.96K