Toll Brothers Inc (TOL): Price Down $-1.01 (-1.59)% Over Past Day, Down $-1.07 (-1.68)% Over Past Hour

The Hourly View for TOL

At the time of this writing, TOL (Get Ratings)’s price is down $-1.07 (-1.68%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. Regarding moving averages, it should first be noted that price has crossed the 20 hour moving average, resulting in them so that price is now turning below it. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Out of Construction stocks, TOL ranks 36th in regards to today’s price percentage change.

TOL’s Technical Outlook on the Daily Chart

Currently, TOL’s price is down $-1.01 (-1.59%) from the day prior. This is a reversal of the price action on the previous day, in which price moved up. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows TOL’s price action over the past 90 days.

TOL

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TOL: Daily RSI Analysis

  • TOL’s RSI now stands at 80.9074.
  • TOL and RSI may be exhibiting divergent trends. This may be something to monitor.

For TOL News Traders

News traders keeping an eye on TOL may find value in this recent story:

Stock Market Today With Jim Cramer: AMC Surge Was a Short Squeeze

Stocks were rising Wednesday amid low trading volumes as investors looked ahead to a Federal Reserve gathering at the end of the week. Jim Cramer and TheStreet Senior Portfolio Analyst Jeff Marks talked about meme stocks and Toll Brothers latest earnings. GameStop shares moved higher Wednesday, alongside gains for AMC Entertainment , as investors scrambled to find clues behind the strongest rally in so-called meme stocks in more than two months.

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