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ASX
Index
fx
TOE.AX
ASX
Toro Energy
SELL
Close
0.1950
Prev.Close
0.2100
Change
-0.0150
Change%
-7.14%
BEARISH MATCHING HIGH
Sold at
0.2030
Open
0.2050
High
0.2050
Low
0.1950
Close
0.1950
Gain%
-3.94%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
AUD100⇨
08/05
0.2030
SELL
-3.9%
93
02/05
0.2045
BUY
-0.7%
❌
94
28/04
0.1955
SELL
+4.6%
❌
94
14/04
0.1800
BUY
+8.6%
✔
87
03/04
0.1780
SHORT
+1.1%
❌
88
19/03
0.1850
BUY
-3.8%
❌
92
10/03
0.1800
SELL
+2.8%
❌
92
06/03
0.2000
BUY
-10.0%
❌
102
26/02
0.1900
SELL
+5.3%
❌
102
13/02
0.1970
BUY
-3.6%
❌
106
02/01
0.2200
SHORT
-10.5%
✔
97
23/12
0.2300
BUY
-4.3%
❌
102
05/12
0.2550
SHORT
-9.8%
✔
93
03/12
0.2730
BUY
-6.6%
❌
100
† Trade commissions are taken as 0.20%.
Date
Price
Signal
Change%
AUD100⇨
08/05
0.2030
SELL
-3.9%
220
02/05
0.2045
BUY
-0.7%
❌
222
28/04
0.1955
SELL
+4.6%
❌
222
14/04
0.1800
BUY
+8.6%
✔
205
03/04
0.1780
SHORT
+1.1%
❌
208
19/03
0.1850
BUY
-3.8%
❌
217
10/03
0.1800
SELL
+2.8%
❌
218
06/03
0.2000
BUY
-10.0%
❌
242
26/02
0.1900
SELL
+5.3%
❌
243
13/02
0.1970
BUY
-3.6%
❌
252
02/01
0.2200
SHORT
-10.5%
✔
229
23/12
0.2300
BUY
-4.3%
❌
241
05/12
0.2550
SHORT
-9.8%
✔
220
03/12
0.2730
BUY
-6.6%
❌
237
05/11
0.3100
SELL
-11.9%
✔
237
25/10
0.2980
BUY
+4.0%
✔
228
23/10
0.2800
SELL
+6.4%
❌
229
21/10
0.2880
BUY
-2.8%
❌
236
03/10
0.2700
SELL
+6.7%
❌
236
24/09
0.2070
BUY
+30.4%
✔ 👍
182
16/09
0.2650
SELL
-21.9%
✔
182
09/09
0.2120
BUY
+25.0%
✔ 👍
146
20/08
0.2770
SHORT
-23.5%
✔
119
16/08
0.2900
BUY
-4.5%
❌
125
18/07
0.3150
SHORT
-7.9%
✔
116
03/07
0.3400
BUY
-7.4%
❌
126
01/07
0.3200
SELL
+6.2%
❌
126
12/06
0.3105
BUY
+3.1%
✔
122
20/05
0.4160
SHORT
-25.4%
✔
98
07/05
0.4450
BUY
-6.5%
❌
105
17/04
0.4800
SELL
-7.3%
✔
106
12/04
0.4750
BUY
+1.1%
✔
105
09/04
0.4750
SELL
0.0%
❌
105
27/03
0.4400
BUY
+8.0%
✔
97
25/03
0.4100
SELL
+7.3%
❌
98
28/02
0.3950
BUY
+3.8%
✔
94
09/01
0.4900
SELL
-19.4%
✔
94
03/01
0.4950
BUY
-1.0%
❌
95
28/12
0.4700
SHORT
+5.3%
❌
101
19/12
0.4490
BUY
+4.7%
✔
97
13/12
0.4600
SHORT
-2.4%
✔
95
07/12
0.5000
BUY
-8.0%
❌
104
11/10
0.6000
QUIT
-16.7%
104
05/10
0.6900
SELL
-13.0%
✔
104
02/10
0.6600
BUY
+4.5%
✔
100
† Trade commissions are taken as 0.20%.
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Today's recommendation from our system is to
SELL
. The
BEARISH MATCHING HIGH
pattern has finally received confirmation because the prices crossed below the confirmation level at 0.2050, and our valid average selling price now stands at 0.2030. The previous
BUY
signal was issued on 02/05/2025, 6 days ago, when the stock price was 0.2045. Since then,
TOE.AX
has fallen by
-0.73%
.
Market Outlook
We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a
SELL
signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.
Pattern Description
This pattern occurs when two consecutive white candlesticks appear in an uptrend, both having equal closing prices. It signals that a top has been reached, as the new high was tested but failed to hold, indicating a strong resistance level.
more...
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