THOUGHTWORKS HOLDING INC (TWKS)

US88546E1055 - Common Stock

3.07  +0.05 (+1.66%)

After market: 3.14 +0.07 (+2.28%)

Technical Rating and Analysis

2

Taking everything into account, TWKS scores 2 out of 10 in our technical rating. In the past year, TWKS was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, TWKS is a bad performer in the overall market: 95% of all stocks are doing better.
TWKS is part of the IT Services industry. There are 86 other stocks in this industry, of which 85% are performing better than TWKS.
TWKS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month TWKS has a been trading in the 2.19 - 3.42 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
TWKS Weekly chart
TWKS Daily chart
Setup Rating and Analysis

1

The technical rating of TWKS is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

2.27

5.09

We found 1 important support area.

  • Support @2.29 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 3.08 to 3.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @3.87 from a trend line in the daily time frame.
  • Resistance @5.04 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.51
Mansfield-4.26
10 Day High3.42
10 Day Low2.22
20 Day High3.42
20 Day Low2.19
52 Week High8.31
52 Week Low2.19
Performance
1 Week32.33%
2 Weeks28.99%
1 Month27.92%
3 Month-30.7%
6 Month-19.21%
12 Month-60.03%
2 Year-82.26%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.1
RSI(14)70.83
LBB1.97
UBB2.95
TWKS Daily chart

THOUGHTWORKS HOLDING INC

NASDAQ:TWKS (5/8/2024, 7:23:55 PM)

After market: 3.14 +0.07 (+2.28%)

3.07

+0.05 (+1.66%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg1.66%
1 Week32.33%
2 Weeks28.99%
1 Month27.92%
3 Month-30.7%
6 Month-19.21%
12 Month-60.03%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.19
ATR(20)%5.52%
ATR Inc
Range Today0.28
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.42
10 Day Low2.22
20 Day High3.42
20 Day Low2.19
52 Week High8.31
52 Week Low2.19
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.12M
Volume Incr266.08%
Vol(5)1.74M
Vol(50)910.41K