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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Toro Corp. - Common stock (NASDAQ:TORO)
Sidelines Mode (-55) - TORO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TORO?
MarketClub looks at technical strength and momentum to determine if the timing is right for TORO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TORO
The long-term trend has been DOWN since Apr 5th, 2024 at 4.890
The intermediate-term trend has been DOWN since Mar 6th, 2024 at 5.590
The short-term trend has been UP since Apr 29th, 2024 at 4.142
Smart Scan Analysis for TORO
Based on our trend formula, TORO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.3800 | 4.3900 | 4.3119 | 4.3900 | +0.1000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.2900 | 7260 | 2024-05-08 10:41:42 |
| 52wk High | 7.2493 | 52wk High Date | 2023-08-15 |
| 52wk Low | 2.72 | 52wk Low Date | 2023-06-06 |
| Average Volume | 35,386 |