Technical Analysis for TOE - Toro Energy Limited

Grade Last Price % Change Price Change
B 0.430 0.00% 0.000
TOE closed unchanged on Friday, April 26, 2024, on 11 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Doji - Bullish? Reversal 0.00%
Oversold Stochastic Weakness 0.00%
50 DMA Resistance Bearish 0.00%
Outside Day Range Expansion 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%

   Recent Intraday Alerts

Alert Time
Down 1% about 10 hours ago
Fell Below Previous Day's Low 2 days ago
Outside Day 2 days ago
Down 1% 2 days ago
50 DMA Resistance 2 days ago

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Profile

Toro Energy Limited Description

Toro Energy Limited is an Australia-based uranium company with project development and exploration portfolio. The Company's principal activities include advancing the development of the Wiluna Uranium project; expansion and improvement of its Joint Ore Reserves Committee (JORC) resource base; exploration and assessment of its tenement portfolio, and review and execution of value-adding uranium acquisitions at corporate and project level. The Company's segments include Project Evaluation, Exploration and Reconciling. The Company's primary focus is on the development of Wiluna uranium project, which is located approximately 30 kilometers south of the town of Wiluna in the northern goldfields of Western Australia. The Wiluna regional resource contains approximately 80.5 million pounds of Triuranium octoxide (U3O8). Its Theseus project is located near Lake Mackay on the Western Australian/Northern Territory border. It also holds exploration interests in Namibia, Africa.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Gold Chemistry Energy Goldfield Uranium Pound Namibia Mining In Western Australia Wiluna Joint Ore Reserves Committee Lake Way Mackay Uranium Mining In Western Australia

Is TOE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.695
52 Week Low 0.009
Average Volume 557,760
200-Day Moving Average 0.220
50-Day Moving Average 0.434
20-Day Moving Average 0.462
10-Day Moving Average 0.458
Average True Range 0.025
RSI (14) 45.05
ADX 16.88
+DI 23.340
-DI 21.322
Chandelier Exit (Long, 3 ATRs) 0.447
Chandelier Exit (Short, 3 ATRs) 0.474
Upper Bollinger Bands 0.525
Lower Bollinger Band 0.400
Percent B (%b) 0.24
BandWidth 27.056
MACD Line 0.000
MACD Signal Line 0.008
MACD Histogram -0.0074
Fundamentals Value
Market Cap 1.27 Billion
Num Shares 2.95 Billion
EPS 0.00
Price-to-Earnings (P/E) Ratio -430.00
Price-to-Sales 0.00
Price-to-Book 6.01
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.445
Resistance 3 (R3) 0.443 0.437 0.443
Resistance 2 (R2) 0.437 0.433 0.438 0.442
Resistance 1 (R1) 0.433 0.430 0.435 0.435 0.441
Pivot Point 0.427 0.427 0.428 0.428 0.427
Support 1 (S1) 0.423 0.423 0.425 0.425 0.419
Support 2 (S2) 0.417 0.420 0.418 0.418
Support 3 (S3) 0.413 0.417 0.418
Support 4 (S4) 0.415