TOCA Forecast and Technical Stock AnalysisHold candidate since 2019-07-11 Gain 2.60%
Tocagen Inc gained 2.60% in the last trading day ( Friday, 12th Jul 2019 ), rising from $5.78 to $5.93 During day the stock fluctuated 5.61% from a day low at $5.70 to a day high of $6.02. The price has fallen in 6 of the last 10 days and is down by -8.06% for this period. Volume fell in the last day by -39 670 shares, and in total, 118 321 shares bought and sold for approximately $701 644.00. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the TOCA stock price was $6.77 and low was $5.15.
- 90 day high was $10.88 and low was $4.13.
- 52 week high for the Tocagen Inc - $15.80 and low - $4.13.
Tocagen Inc lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -39.91% during the next 3 months and, with 90% probability hold a price between $1.09 and $4.28 at the end of this period.
Tocagen Inc holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $6.01. On a fall, the stock will find some support from the long-term average at approximately $5.65. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. A buy signal was issued from a pivot bottom point on Thursday July 11, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.
Relative Strength Index (RSI)
RSImin/max Values: [ 20 - 75 ]
RSI14 is 47 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $5.41 and $5.12.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Tocagen Inc finds support just below today's level at $5.41. If this is broken, then the next support from accumulated volume will be at $5.12 and $4.59.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.32 between high and low, or 5.61%. For the last week the stock has had a daily average volatility of 5.23%.
Our recommended stoploss: $5.63 (-5.05%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 1 days ago.)
5.23 %Average volatility
Very Low Low Medium High Very High
|TOCA $5.93 ($0.15 2.60%)|
TOCA is up $0.15 today, but where's it headed in 2019?
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