$Toppoint Holdings Inc.(TOPP)$
Toppoint Holdings Inc.(TOPP) Soared +18.42%: High-Volatility Micro-Cap Tests $1.43, Risk Remains Elevated
Latest Close Data
Closed at $0.9947 on 2026-02-04, up +18.42%. This places it 74.2% below its 52-week high of $3.86.
Core Market Drivers
The stock experienced extreme volatility with an intraday amplitude of 89.29%, hitting a high of $1.43.
No specific company news was reported, suggesting the move was driven by speculative retail trading and a potential short squeeze, evidenced by a massive volume ratio of 144.06 and a 10.38% turnover rate.
Technical Analysis
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The surge was accompanied by massive volume (2.01M shares).
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The 6-day RSI jumped to 67.75, approaching overbought territory, while the 12-day RSI at 58.71 shows strong momentum.
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MACD histogram (0.0369) turned positive, and DIF (-0.0119) is converging towards the DEA line (-0.0303), signaling a potential bullish crossover is forming.
Key Price Levels
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Primary Support: $0.8315 (Recent swing low).
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Immediate Pivot: ~$0.995 (Current price, key for continuation).
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Strong Resistance: $2.0015 (Major technical hurdle). A break above the day's high of $1.43 is needed first.
Valuation Perspective
The company is not profitable (P/E TTM: -3.11, EPS TTM: -$0.32). Its P/S ratio of 1.20 may appear reasonable, but must be viewed in the context of negative ROA (-54.43%) and ROE (-106.48%).
Analyst Targets
No institutional analyst targets or ratings were found in the provided data, highlighting the stock's speculative and under-covered nature.
Weekly Outlook
Expect continued high volatility within a likely range of $0.83 to $1.43. A sustained close above $1.43 could target the $2.00 resistance. Failure to hold the $0.83 support may lead to a retest of the 52-week low at $0.68.
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