RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TTC
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Toro Company (The) stock downgraded to Sell Candidate
(Updated on Mar 28, 2024)

Sell candidate since Mar 28, 2024 PDF

The Toro Company (The) stock price gained 1.70% on the last trading day (Thursday, 28th Mar 2024), rising from $90.10 to $91.63. During the last trading day the stock fluctuated 2.81% from a day low at $89.47 to a day high of $91.98. The price has risen in 6 of the last 10 days and is up by 3.65% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 74 thousand more shares were traded than the day before. In total, 605 thousand shares were bought and sold for approximately $55.42 million.

The stock lies in the middle of a 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 -2.71% during the next 3 months and, with a 90% probability hold a price between $84.75 and $93.27 at the end of this 3-month period.

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TTC Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 12, 2024, and so far it has risen 3.89%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Toro Company (The) stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $92.08. On a fall, the stock will find some support from the short-term average at $90.37. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Toro Company (The) stock

Toro Company (The) finds support from accumulated volume at $90.69 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $2.51 (2.81%) between high and low. For the last week, the stock has had daily average volatility of 1.83%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (TTC) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Toro Company (The) to open at $91.03, and during the day (based on 14 day Average True Range), to move between $89.58 and $93.68, which gives a possible trading interval of +/-$2.05 (+/-2.24%) up or down from last closing price. If Toro Company (The) takes out the full calculated possible swing range there will be an estimated 4.48% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $92.48 (0.93%) than the support at $90.69 (1.03%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Toro Company (The) stock A Buy?

Toro Company (The) holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -1.149 Sell Candidate Downgraded

Predicted Opening Price for Toro Company (The) of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$91.03 ( 0.658%) $91.63

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TTC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 93.54 2.08 %
R2 92.58 1.03 %
R1 91.99 0.388 %
Current price: 91.63
Support S1 90.07 -1.70 %
S2 89.48 -2.35 %
S3 88.52 -3.40 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 93.77 2.34 %
R2 93.72 2.28 %
R1 92.48 0.93 %
Current price 91.63
Support S1 90.69 -1.03%
S2 88.69 -3.21%
S3 88.54 -3.37%

TTC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 19, 2024 Mar 28, 2024 Apr 12, 2024 $0.360 0.393%
2 Dec 12, 2023 Dec 26, 2023 Jan 11, 2024 $0.360 0.403%
3 Sep 19, 2023 Oct 03, 2023 Oct 18, 2023 $0.340 0.403%
4 May 23, 2023 Jun 21, 2023 Jul 12, 2023 $0.340 0.324%
5 May 23, 2023 Jun 20, 2023 Jul 12, 2023 $0.340 0.324%

FAQ

What is the symbol for Toro Company (The) Stock and on which exchange is it traded?
The symbol for Toro Company (The) is TTC and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Toro Company (The) Stock?
Toro Company (The) holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy Toro Company (The) Stock?
Toro Company (The) Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Toro Company (The) Stock.

What's the current price of Toro Company (The) Stock?
As of the end of day on the 2024-03-28, the price of an Toro Company (The) (TTC) share was $91.63.

What is the 52-week high and low for Toro Company (The) Stock?
The 52-week high for Toro Company (The) Stock is $111.85 and the 52-week low is $78.35.

What is the market capitalization of Toro Company (The) Stock?
As of the 2024-03-28, the market capitalization of Toro Company (The) is 9.567B.

When is the next earnings date for Toro Company (The)?
The upcoming earnings date for Toro Company (The) is Jun 13, 2024.
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About Toro Company (The)

Toro Company (The) The Toro Company engages in the designing, manufacturing, marketing, and selling professional and residential equipment worldwide. The company's Professional segment offers turf and landscape equipment products, including sports fields and grounds mowing and maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, and other maintenance equipment; renta... TTC Profile

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