TORO CO (TTC) Technical Analysis
NYSE:TTC • US8910921084
Current stock price
TTC Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to TTC. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month TTC has a been trading in the 91.80 - 105.19 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 85% of all stocks.
- TTC is part of the Machinery industry. There are 131 other stocks in this industry. TTC outperforms 80% 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
TTC has an excellent technical rating, but the quality of the setup is only medium 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
TTC Support and Resistance Analysis
66.68
4 important support areas can be observed.
- A support zone ranging from 92.26 to 92.91. 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 @71.63 from a trend line in the weekly time frame.
- Support @67.35 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- 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 | 85.83 | POSITIVE | TTC has a high relative strength, it outperformed 85.83% 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) | 36.4 | NEUTRAL | The RSI value for TTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.98 | NEGATIVE | The MACD value suggests TTC has a negative trend. |
| Stochastics (14,3) | 10.85 | OVERSOLD | The low Stochastics value suggests TTC may be oversold. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for TTC suggests some volalility. |
| Average Directional Index/ADX (14) | 28.02 | POSITIVE | The high ADX value value for TTC suggests a strong trend. |
TTC Chart- and CandleStick Pattern Analysis
TTC Technicals: Chart, Performance Metrics, Trend & Indicators
92.92
-0.88 (-0.94%)
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 TTC stock?
TORO CO (TTC) has an RSI value of 36.3991. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TORO CO?
The short term momentum for TORO CO (TTC) is negative.
What are the support and resistance levels for TORO CO (TTC) stock?
TORO CO (TTC) has a support level at 92.91 and a resistance level at 101.76. Check the full technical report for our detailed analysis of TTC support and resistance levels.