Toast, Inc. (TOST) has been navigating a corrective phase after peaking near 49.66 over the past year, with the stock down 19.36% annually. However, recent price action points to a short-term uptrend, as shares have climbed 3.71% over the past week and 8.38% in the last month. The daily chart displays higher lows forming since late April, suggesting building accumulation amid consolidation. Longer-term, the stock remains within a descending channel from 2025 highs around 45.00, but the current rebound above pivot levels indicates potential stabilization.
Pivot point analysis highlights the current price of 29.11 acting as a neutral pivot, with first support (S1) at 29.03 and S2 at 28.93. Deeper support aligns near 28.72 from recent Barchart levels and prior lows around 25.07-25.64. Resistance begins at R1 29.21, followed by 29.56, 30.02, and 30.40, where sellers have previously emerged. A sustained break above 30.40 could target the 50-day moving average zone near 28.70 extended higher, while a drop below 28.93 may test the 200-day SMA support.
Momentum indicators present a bullish tilt on shorter timeframes. The RSI (14) reading of 56.47 suggests building strength without overbought conditions, shifting from neutral territory. MACD (12,26) at 0.14 with a buy signal confirms upward momentum, as the histogram expands positively. Stochastic (9,6) at 61.39 also favors buyers, though STOCHRSI at 94.95 warns of short-term overbought risks. ADX (14) at 28.39 indicates moderate trend strength, supporting the recent rebound.
All simple and exponential moving averages signal buy, with the stock price firmly above the 20-day SMA at 28.73, 50-day at 28.63, 100-day at 28.57, and 200-day SMA at 27.45. The alignment of shorter-term MAs (5-day at 29.10, 10-day at 28.91) above longer ones reinforces bullish structure. However, note the 100-day and 200-day on Barchart slightly higher at 30.41 and 35.17, indicating price below these in broader context, a level to reclaim for stronger conviction.
Trading volume has averaged 8.39 million shares over 20 days, with recent sessions around 7.3-7.9 million showing steady participation during the upmove. This supports the price rebound, as volume has held above 50-day averages of 10 million during key sessions. No major spikes noted recently, but sustained volume on advances could validate breakout potential above resistance.
Tickeron’s AI Daily Buy/Sell Signals leverage artificial intelligence to analyze vast datasets including technical indicators, price patterns, and historical trends for stocks and ETFs like TOST. These signals identify potential buy or sell opportunities by recognizing recurring market behaviors, momentum shifts, and pattern completions that human traders might overlook. Traders rely on them to pinpoint entry/exit points, validate trend directions, and enhance decision-making processes. Updated daily, they provide an objective layer to technical strategies. Explore the signals for TOST to integrate AI insights into your analysis.
Traders are monitoring a potential continuation of the short-term uptrend if TOST holds above 29.00 support and clears 30.40 resistance, with eyes on reclaiming the 100-day MA. A failure at current pivots could retest 28.50-28.90, where demand may emerge. Watch RSI for divergence, MACD histogram for weakening, and volume for confirmation on moves. Upcoming earnings on May 7 may introduce volatility around these zones.
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A.I.dvisor indicates that over the last year, TOST has been loosely correlated with PAR. These tickers have moved in lockstep 61% of the time. This A.I.-generated data suggests there is some statistical probability that if TOST jumps, then PAR could also see price increases.
| Ticker / NAME | Correlation To TOST | 1D Price Change % | ||
|---|---|---|---|---|
| TOST | 100% | +0.60% | ||
| PAR - TOST | 61% Loosely correlated | +2.40% | ||
| COIN - TOST | 60% Loosely correlated | +0.56% | ||
| CLSK - TOST | 59% Loosely correlated | -4.68% | ||
| RIOT - TOST | 55% Loosely correlated | -0.65% | ||
| WEAV - TOST | 54% Loosely correlated | +1.58% | ||
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| Ticker / NAME | Correlation To TOST | 1D Price Change % |
|---|---|---|
| TOST | 100% | +0.60% |
| Computer Communications industry (165 stocks) | -2% Poorly correlated | +2.78% |