TORO CO (TTC) Technical Analysis
NYSE:TTC • US8910921084
Current stock price
TTC Technical Rating and Analysis
Overall TTC gets a technical rating of 7 out of 10. In the last year, TTC was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month TTC has a been trading in the 90.70 - 100.93 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that TTC is one of the better performing stocks in the market, outperforming 81% of all stocks. On top of that, TTC also shows a nice and consistent pattern of rising prices.
- TTC is part of the Machinery industry. There are 131 other stocks in this industry. TTC outperforms 71% of them.
- TTC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TTC is performing more or less in line with the market.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
TTC Weekly and Daily overview Charts
TTC Setup Rating and Analysis
Besides having an excellent technical rating, TTC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 92.32, a Stop Loss order could be placed below this zone.
More info and screens
TTC Support and Resistance Analysis
71.14
3 important support areas can be observed.
- A support zone ranging from 91.41 to 92.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @75.94 from a horizontal line in the daily time frame.
- Support @71.86 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 93.45 to 96.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 101.76 to 101.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
TTC 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 TTC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TTC is down. |
| ChartMill Relative Strength | 81.56 | POSITIVE | TTC has a high relative strength, it outperformed 81.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TTC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TTC is below 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) | 41.81 | NEUTRAL | The RSI value for TTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests TTC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.08 | NEUTRAL | The Stochastics value for TTC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for TTC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.24 | NEUTRAL | The ADX value for TTC suggests a possible start of a new trend. |
TTC Chart- and CandleStick Pattern Analysis
TTC Example Setup
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 |
|---|---|---|---|
| 96.10 | 91.40 | 4.70 (4.89%) | 20.45% |
| An entry @96.10. This is a Buy Stop order right above the resistance zone. | An exit @91.40. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.70 points, which is 4.89%. | For a 1.00% total portfolio risk, you can invest 20.45% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TTC Technicals: Chart, Performance Metrics, Trend & Indicators
92.7
-0.79 (-0.85%)
TORO CO / TTC TA FAQ
What is the ChartMill technical rating of TORO CO (TTC) stock?
ChartMill assigns a technical rating of 7 / 10 to TTC.
What is the current trend direction of TORO CO (TTC) stock?
The current trend direction for TORO CO (TTC) is Bullish.
What is the RSI signal for TORO CO (TTC) stock?
TORO CO (TTC) has an RSI value of 41.8085. This indicates that the stock is currently neutral.
What is the MACD signal for TTC stock?
The MACD indicator for TORO CO (TTC) has a value of -0.301531, indicating a bearish trend.
What is the buy/sell signal for TORO CO (TTC) stock?
The buy/sell signal for TORO CO (TTC) is hold as the short term and long term trends are mixed.