TWO HARBORS INVESTMENT CORP (TWO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TWO - US90187B8046 - REIT
We assign a technical rating of 7 out of 10 to TWO. In the last year, TWO was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although TWO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.47
We found 1 important support area.
- A support zone ranging from 9.57 to 10.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.42 to 11.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.16 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for TWO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TWO is up. |
| ChartMill Relative Strength | 53.04 | NEUTRAL | TWO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TWO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TWO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TWO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.55 | NEUTRAL | The RSI value for TWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests TWO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.49 | OVERBOUGHT | The high Stochastics value suggests TWO may be overbought. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for TWO suggests some volalility. |
| Average Directional Index/ADX (14) | 29.58 | POSITIVE | The high ADX value value for TWO suggests a strong trend. |
10.87
-0.22 (-1.98%)
TWO HARBORS INVESTMENT CORP / TWO FAQ
Can you provide the ChartMill technical rating for TWO HARBORS INVESTMENT CORP?
ChartMill assigns a technical rating of 7 / 10 to TWO.
Can you provide the trend direction for TWO HARBORS INVESTMENT CORP?
The current trend direction for TWO HARBORS INVESTMENT CORP (TWO) is Bearish.
What is the RSI signal for TWO stock?
TWO HARBORS INVESTMENT CORP (TWO) has an RSI value of 65.5467. This indicates that the stock is currently neutral.
What is the support and resistance level for TWO stock?
TWO HARBORS INVESTMENT CORP (TWO) has a support level at 10.07 and a resistance level at 11.42. Check the full technical report for our detailed analysis of TWO support and resistance levels.