TORO CO (TTC) Stock Technical Analysis
NYSE:TTC - New York Stock Exchange, Inc. - US8910921084 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to TTC. In the past year, TTC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, TTC is a bad performer in the overall market: 76% of all stocks are doing better.
TTC is one of the lesser performing stocks in the Machinery industry. 62% of 128 stocks in the same industry do better.
TTC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
TTC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TTC is lagging the market slightly.
TTC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
73.88
99.77
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 75.49 to 77.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @81.64 from a trend line in the daily time frame.
- Resistance @87.09 from a horizontal line in the daily time frame.
- Resistance @91.63 from a trend line in the weekly time frame.
- 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 | DOWN | NEGATIVE | The long term trend for TTC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TTC is up. |
| ChartMill Relative Strength | 24.83 | NEGATIVE | TTC has a low relative strength, it was outperformed by 75.17% 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) | UP | POSITIVE | The current price of TTC is above the rising 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) | 53.38 | NEUTRAL | The RSI value for TTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests TTC has a negative trend. |
| Stochastics (14,3) | 50.09 | NEUTRAL | The Stochastics value for TTC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for TTC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.97 | 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)
74.63
-1.15 (-1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.52%
1 Week1%
2 Weeks-4.07%
1 Month5.6%
3 Month1.88%
6 Month-13.41%
12 Month-22.24%
2 Year-26.58%
3 Year-1.53%
5 Year12.5%
10 Year120.21%
15 Year507.74%
Volatility
ATR(14)1.44
ATR(20)%2.15%
ATR Inc2.19%
Range Today1.84
ADR(20)1.36
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.83
Mansfield-1.26
10 Day High77.71
10 Day Low73.3
20 Day High77.98
20 Day Low68.9
52 Week High100.93
52 Week Low62.34
CS1 EndN/A
CR1 Start75.49
Volume & EV
DER(3)-0.06%
DER(5)0.45%
Volume1.08M
Volume Incr15.38%
Vol(5)903.86K
Vol(50)911.96K