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Toro Corp.

TORO Technical Analysis Summary (NASDAQ)

Analyze TORO on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

TORONASDAQ
IndustrialsMarine Shipping
$6.00
$0.05(0.84%)
U.S. Market opens in 15h 40m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

TORO Technical Analysis Summary (NASDAQ)

Toro Corp. (NASDAQ: TORO) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 73.52)
Trend Strength:Moderate (ADX: 29.06)
Volatility:High (ATR: 0.31)
Support/Resistance:$4.84 – $6.05 (Bollinger Bands)

Technical conditions suggest Toro Corp. on the NASDAQ is awaiting a decisive move. Technical conditions suggest Toro Corp. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 73.52

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 70.78

Bullish
Buying momentum building without extremes.

Williams %R: -25.20

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 15.80

Strongly Bullish
Strong upside momentum.

Takeaway:Toro Corp. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.21

Bullish
Bullish, trend momentum is strengthening.

ADX: 29.06

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.31

Low
Low volatility, stable price action.

CCI (14): 142.69

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Toro Corp. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$6.05
Middle Band (SMA 20)
$5.45
Lower Band
$4.84
Current Position
Within Bands

Takeaway:Toro Corp. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$6.14
Middle Line (EMA 20)
$5.52
Lower Channel
$4.90
Squeeze Status
Squeeze On

Takeaway:Toro Corp. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume378.73K
Money Flow Index77.28Bullish, inflows support continued momentum.
Relative Vigor Index60.25Bullish, price momentum strongly favors buyers.

Overall Takeaway:TORO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Toro Corp. (NASDAQ: TORO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Toro Corp. currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(NASDAQ: TORO) Technical Analysis FAQ