2SEVENTY BIO INC (TSVT) Technical Analysis
NASDAQ:TSVT • US9013841070
Current stock price
TSVT Technical Rating and Analysis
Taking everything into account, TSVT scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, TSVT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- TSVT is part of the Biotechnology industry. There are 516 other stocks in this industry. TSVT outperforms 82% of them.
- TSVT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- TSVT has an average volume of 1649010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, TSVT did better than 95% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month TSVT has a been trading in a tight range between 4.96 and 5.01.
- Considerably lower volume is observed in the last couple of days.
TSVT Weekly and Daily overview Charts
TSVT Setup Rating and Analysis
Besides having an excellent technical rating, TSVT also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.99, a Stop Loss order could be placed below this zone.
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TSVT Support and Resistance Analysis
4.83
When analyzing the support we notice one important area.
- A support zone ranging from 4.88 to 4.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 5.01 to 5.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
TSVT Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TSVT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TSVT is up. |
| ChartMill Relative Strength | 95.69 | POSITIVE | TSVT has a high relative strength, it outperformed 95.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TSVT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TSVT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TSVT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.25 | OVERBOUGHT | The high RSI value suggests TSVT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TSVT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for TSVT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.32 | LOW VOLATILITY | The low ATR as a percentage value for TSVT suggests low volalility. |
| Average Directional Index/ADX (14) | 52.77 | POSITIVE | The high ADX value value for TSVT suggests a strong trend. |
TSVT Chart- and CandleStick Pattern Analysis
TSVT Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.02 | 4.97 | 0.05 (1.00%) | 25.00% |
| An entry @5.02. This is a Buy Stop order right above the resistance zone. | An exit @4.97. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.05 points, which is 1.00%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.25%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSVT Technicals: Chart, Performance Metrics, Trend & Indicators
5
+0.01 (+0.2%)
2SEVENTY BIO INC / TSVT TA FAQ
What is the ChartMill technical rating of 2SEVENTY BIO INC (TSVT) stock?
ChartMill assigns a technical rating of 9 / 10 to TSVT.
What is the trend direction for TSVT stock?
The current trend direction for 2SEVENTY BIO INC (TSVT) is Bullish.
Can you provide the RSI signal for 2SEVENTY BIO INC?
2SEVENTY BIO INC (TSVT) has an RSI value of 72.2501. This indicates that the stock is currently overbought.
What is the short term momentum for TSVT stock?
The short term momentum for 2SEVENTY BIO INC (TSVT) is positive.
What is the support and resistance level for TSVT stock?
2SEVENTY BIO INC (TSVT) has a support level at 4.99 and a resistance level at 5.01. Check the full technical report for our detailed analysis of TSVT support and resistance levels.