Restorbio Inc (TORC) Stock Technical Analysis
NASDAQ:TORC - Nasdaq -
Taking everything into account, TORC scores 3 out of 10 in our technical rating. TORC performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
91% of all other stocks performed better in the past year than TORC.
TORC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month TORC has a been trading in the 1.88 - 2.46 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, TORC does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 2.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TORC in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.94
2.40
We found 1 important support area.
- A support zone ranging from 1.96 to 2.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @2.38 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.01
Mansfield-1.86
10 Day High2.46
10 Day Low1.88
20 Day High2.46
20 Day Low1.88
52 Week High9.88
52 Week Low0.86
Performance
1 Week15.74%
2 Weeks0%
1 Month1.33%
3 Month8.57%
6 Month135.05%
12 Month-76.45%
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)0.03
RSI(14)52.93
LBB1.92
UBB2.35
2.28
-0.09 (-3.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.8%
1 Week15.74%
2 Weeks0%
1 Month1.33%
3 Month8.57%
6 Month135.05%
12 Month-76.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%7.31%
ATR Inc57.5%
Range Today0.25
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.01
Mansfield-1.86
10 Day High2.46
10 Day Low1.88
20 Day High2.46
20 Day Low1.88
52 Week High9.88
52 Week Low0.86
CS1 End2.02
CR1 Start2.38
Volume & EV
DER(3)3.29%
DER(5)5.44%
Volume854.70K
Volume Incr25.7%
Vol(5)436.92K
Vol(50)694.14K