T2 BIOSYSTEMS INC (TTOO) Technical Analysis
NASDAQ:TTOO • US89853L3024
Current stock price
0.134 USD
-0.06 (-31.07%)
At close:
0.12 USD
-0.01 (-10.45%)
After Hours:
TTOO Technical Rating and Analysis
Taking everything into account, TTOO scores 0 out of 10 in our technical rating. TTOO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, TTOO is a bad performer in the overall market: 100% of all stocks are doing better.
- TTOO is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 93% are performing better than TTOO.
- TTOO is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so TTOO is lagging the market.
- In the last month TTOO has a been trading in the 0.11 - 0.33 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- TTOO has an average volume of 1428710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TTOO Weekly and Daily overview Charts
TTOO Setup Rating and Analysis
The technical rating of TTOO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
TTOO Support and Resistance Analysis
TTOO 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 | DOWN | NEGATIVE | The long term trend for TTOO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TTOO is down. |
| ChartMill Relative Strength | 0.51 | NEGATIVE | TTOO has a low relative strength, it was outperformed by 99.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TTOO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TTOO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TTOO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 18.28 | OVERSOLD | The low RSI value suggests TTOO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TTOO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 13.14 | OVERSOLD | The low Stochastics value suggests TTOO may be oversold. |
| Average True Range in percent/ATR (20) | 22.88 | HIGH VOLATILITY | The high ATR as a percentage value for TTOO suggests high volalility. |
| Average Directional Index/ADX (14) | 43.93 | POSITIVE | The high ADX value value for TTOO suggests a strong trend. |
TTOO Chart- and CandleStick Pattern Analysis
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)
TTOO Technicals: Chart, Performance Metrics, Trend & Indicators
0.134
-0.06 (-31.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-31.07%
1 Week-41.74%
2 Weeks-41.74%
1 Month-58.12%
3 Month-73.04%
6 Month-96.42%
12 Month-97.54%
2 Year-99.78%
3 Year-99.99%
5 Year-100%
10 Year-100%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%22.88%
ATR Inc145.34%
Range Today0.05
ADR(20)0.03
ADR(20)%21.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.51
3 months CRSN/A
6 months CRSN/A
Mansfield-9.57
10 Day High0.24
10 Day Low0.11
20 Day High0.33
20 Day Low0.11
52 Week High6.8
52 Week Low0.11
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-7.52%
DER(5)-9.15%
Volume15.08M
Volume Incr256.82%
Vol(5)4.52M
Vol(50)1.43M
T2 BIOSYSTEMS INC / TTOO TA FAQ
Can you provide the ChartMill technical rating for T2 BIOSYSTEMS INC?
ChartMill assigns a technical rating of 0 / 10 to TTOO.
Can you provide the trend direction for T2 BIOSYSTEMS INC?
The current trend direction for T2 BIOSYSTEMS INC (TTOO) is Bearish.
What is the RSI signal for T2 BIOSYSTEMS INC (TTOO) stock?
T2 BIOSYSTEMS INC (TTOO) has an RSI value of 18.2754. This indicates that the stock is currently oversold.
What is the short term momentum for T2 BIOSYSTEMS INC (TTOO) stock?
The short term momentum for T2 BIOSYSTEMS INC (TTOO) is negative.
What is the buy/sell signal for T2 BIOSYSTEMS INC (TTOO) stock?
The buy/sell signal for T2 BIOSYSTEMS INC (TTOO) is sell as both the short term and long term trends are negative.