Technical Analysis for TOE - Toro Energy Limited

Grade Last Price % Change Price Change
D 0.270 -1.82% -0.005
TOE closed down 1.82 percent on Thursday, November 21, 2024, on 14 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. 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.
Earnings due: Nov 29
*** please verify all earnings dates ***
4 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Hammer Candlestick Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
Doji - Bullish? Reversal 0.00%
Wide Bands Range Expansion 0.00%
NR7 Range Contraction -1.82%
Narrow Range Bar Range Contraction -1.82%
Wide Bands Range Expansion -1.82%
Oversold Stochastic Weakness -1.82%
20 DMA Resistance Bearish -3.57%

   Recent Intraday Alerts

Alert Time
Down 5% about 15 hours ago
Down 3% about 15 hours ago
Down 2% about 15 hours ago
Fell Below Previous Day's Low about 16 hours ago
Down 1% about 16 hours 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 1,077,459
200-Day Moving Average 0.341
50-Day Moving Average 0.270
20-Day Moving Average 0.297
10-Day Moving Average 0.278
Average True Range 0.024
RSI (14) 46.81
ADX 20.79
+DI 18.327
-DI 20.795
Chandelier Exit (Long, 3 ATRs) 0.284
Chandelier Exit (Short, 3 ATRs) 0.326
Upper Bollinger Bands 0.348
Lower Bollinger Band 0.247
Percent B (%b) 0.23
BandWidth 33.905
MACD Line -0.002
MACD Signal Line 0.003
MACD Histogram -0.0049
Fundamentals Value
Market Cap 797.54 Million
Num Shares 2.95 Billion
EPS 0.00
Price-to-Earnings (P/E) Ratio -270.00
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) 0.285
Resistance 3 (R3) 0.283 0.277 0.283
Resistance 2 (R2) 0.277 0.273 0.278 0.282
Resistance 1 (R1) 0.273 0.270 0.275 0.275 0.281
Pivot Point 0.267 0.267 0.268 0.268 0.267
Support 1 (S1) 0.263 0.263 0.265 0.265 0.259
Support 2 (S2) 0.257 0.260 0.258 0.258
Support 3 (S3) 0.253 0.257 0.258
Support 4 (S4) 0.255