THOUGHTWORKS HOLDING INC (TWKS) Stock Technical Analysis
NASDAQ:TWKS - US88546E1055 - Common Stock
4.47 USD
-0.02 (-0.45%)
4.47 USD
0 (0%)
Overall TWKS gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TWKS is only an average performer.
The long and short term trends are both positive. This is looking good!
TWKS 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 TWKS is lagging the market slightly.
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 comparing the performance of all stocks over the past year, TWKS turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
TWKS is part of the IT Services industry. There are 85 other stocks in this industry, TWKS did better than 57% of them.
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.
Besides having an excellent technical rating, TWKS 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
4.25
4.55
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.
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. |
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)
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 worst case loss on the trade is limited to 0.10 points, which is 2.22%. | For a 0.55% total portfolio risk, you can invest 25.00% 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.
4.47
-0.02 (-0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.45%
1 Week-0.22%
2 Weeks0%
1 Month0.9%
3 Month3%
6 Month39.25%
12 Month11.47%
2 Year-50.99%
3 Year-84.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.92%
ATR Inc68.52%
Range Today0.09
ADR(20)0.04
ADR(20)%0.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.98
Mansfield0.51
10 Day High4.53
10 Day Low4.42
20 Day High4.53
20 Day Low4.41
52 Week High5.2
52 Week Low2.19
CS1 End4.46
CR1 Start4.5
Volume & EV
DER(3)0.05%
DER(5)1.52%
Volume52.19M
Volume Incr237.91%
Vol(5)14.39M
Vol(50)4.66M