THOUGHTWORKS HOLDING INC (TWKS) Technical Analysis
NASDAQ:TWKS • US88546E1055
Current stock price
TWKS Technical Rating and Analysis
Taking everything into account, TWKS scores 7 out of 10 in our technical rating. Although TWKS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- TWKS is part of the IT Services industry. There are 88 other stocks in this industry. TWKS outperforms 80% of them.
- TWKS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TWKS is performing more or less in line with the market.
- TWKS has an average volume of 4658320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, TWKS outperforms 51% of them, which is more or less in line with the market.
- In the last month TWKS has a been trading in a tight range between 4.41 and 4.53.
- Volume is considerably higher in the last couple of days.
TWKS Weekly and Daily overview Charts
TWKS Setup Rating and Analysis
TWKS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.46, a Stop Loss order could be placed below this zone.
More info and screens
TWKS Support and Resistance Analysis
4.25
We found 1 important support area.
- A support zone ranging from 4.29 to 4.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.50 to 4.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
TWKS 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 TWKS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TWKS is up. |
| ChartMill Relative Strength | 51.98 | NEUTRAL | TWKS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TWKS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TWKS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TWKS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.06 | NEUTRAL | The RSI value for TWKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TWKS has a negative trend. |
| Stochastics (14,3) | 67 | NEUTRAL | The Stochastics value for TWKS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for TWKS suggests low volalility. |
| Average Directional Index/ADX (14) | 48.39 | POSITIVE | The high ADX value value for TWKS suggests a strong trend. |
TWKS Chart- and CandleStick Pattern Analysis
TWKS 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 |
|---|---|---|---|
| 4.51 | 4.41 | 0.10 (2.22%) | 25.00% |
| An entry @4.51. This is a Buy Stop order right above the resistance zone. | An exit @4.41. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.10 points, which is 2.22%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.55%. |
- 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.
TWKS Technicals: Chart, Performance Metrics, Trend & Indicators
4.47
-0.02 (-0.45%)
THOUGHTWORKS HOLDING INC / TWKS TA FAQ
Can you provide the ChartMill technical rating for THOUGHTWORKS HOLDING INC?
ChartMill assigns a technical rating of 7 / 10 to TWKS.
Can you provide the trend direction for THOUGHTWORKS HOLDING INC?
The current trend direction for THOUGHTWORKS HOLDING INC (TWKS) is Bullish.
What is the RSI signal for TWKS stock?
THOUGHTWORKS HOLDING INC (TWKS) has an RSI value of 57.063. This indicates that the stock is currently neutral.
Can you provide the MACD signal for THOUGHTWORKS HOLDING INC?
The MACD indicator for THOUGHTWORKS HOLDING INC (TWKS) has a value of -0.00142534, indicating a bearish trend.
Can you provide the short term momentum for THOUGHTWORKS HOLDING INC?
The short term momentum for THOUGHTWORKS HOLDING INC (TWKS) is positive.