TWIN DISC INC (TWIN) Stock Technical Analysis
NASDAQ:TWIN • US9014761012
We assign a technical rating of 9 out of 10 to TWIN. Both in the recent history as in the last year, TWIN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, TWIN did better than 93% of all other stocks.
- TWIN is part of the Machinery industry. There are 130 other stocks in this industry. TWIN outperforms 91% of them.
- TWIN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TWIN is lagging the market slightly.
- In the last month TWIN has a been trading in the 15.03 - 19.63 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Besides having an excellent technical rating, TWIN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 19.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.53, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
11.59
4 important support areas can be observed.
- A support zone ranging from 17.01 to 17.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.60 to 16.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.14 to 16.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @11.71 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.20 to 19.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TWIN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TWIN is neutral. |
| ChartMill Relative Strength | 93.05 | POSITIVE | TWIN has a high relative strength, it outperformed 93.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TWIN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TWIN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TWIN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.43 | NEUTRAL | The RSI value for TWIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TWIN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.63 | NEUTRAL | The Stochastics value for TWIN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.31 | HIGH VOLATILITY | The high ATR as a percentage value for TWIN suggests high volalility. |
| Average Directional Index/ADX (14) | 8.38 | NEGATIVE | The low ADX value for TWIN suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 19.21 | 17.00 | 2.21 (11.50%) | 8.69% |
| An entry @19.21. This is a Buy Stop order right above the resistance zone. | An exit @17.00. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.21 points, which is 11.50%. | For a 1.00% total portfolio risk, you can invest 8.69% of your capital in this trade. |
- 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.
17.53
-0.66 (-3.63%)
TWIN DISC INC / TWIN FAQ
What is the technical rating for TWIN stock?
ChartMill assigns a technical rating of 9 / 10 to TWIN.
Can you provide the trend direction for TWIN DISC INC?
The current trend direction for TWIN DISC INC (TWIN) is Bullish.
What is the RSI signal for TWIN DISC INC (TWIN) stock?
TWIN DISC INC (TWIN) has an RSI value of 50.4266. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TWIN DISC INC?
The short term momentum for TWIN DISC INC (TWIN) is neutral.
Can you provide the support and resistance levels for TWIN DISC INC?
TWIN DISC INC (TWIN) has a support level at 17.53 and a resistance level at 19.2. Check the full technical report for our detailed analysis of TWIN support and resistance levels.