KARTOON STUDIOS INC (TOON) Stock Technical Analysis
NYSEARCA:TOON - NYSE Arca - US37229T5092 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to TOON. TOON's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, TOON is a bad performer in the overall market: 77% of all stocks are doing better.
TOON is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month TOON has a been trading in the 0.52 - 0.67 range, which is quite wide. It is currently trading near the lows of this range.
TOON is part of the Entertainment industry. There are 72 other stocks in this industry, TOON did better than 42% of them.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, TOON does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.49
0.84
When analyzing the support we notice one important area.
- Support @0.49 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 0.58 to 0.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.66 from a horizontal line in the daily time frame.
- Resistance @0.68 from a horizontal line in the daily time frame.
- Resistance @0.83 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.33
Mansfield-2.66
10 Day High0.61
10 Day Low0.52
20 Day High0.67
20 Day Low0.52
52 Week High1.13
52 Week Low0.46
Performance
1 Week-1.54%
2 Weeks1.36%
1 Month-7.46%
3 Month9.78%
6 Month-26.69%
12 Month-49.46%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)46.55
LBB0.52
UBB0.6
0.561
+0.03 (+4.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg4.66%
1 Week-1.54%
2 Weeks1.36%
1 Month-7.46%
3 Month9.78%
6 Month-26.69%
12 Month-49.46%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%7.86%
ATR Inc-32.02%
Range Today0.04
ADR(20)0.04
ADR(20)%7.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.33
Mansfield-2.66
10 Day High0.61
10 Day Low0.52
20 Day High0.67
20 Day Low0.52
52 Week High1.13
52 Week Low0.46
CS1 End0.49
CR1 Start0.58
Volume & EV
DER(3)-8.81%
DER(5)-9.24%
Volume81.70K
Volume Incr-8.4%
Vol(5)131.34K
Vol(50)217.70K