TWO HARBORS INVESTMENT CORP (TWO) Stock Technical Analysis
USA - NYSE:TWO - US90187B8046 - REIT
Overall TWO gets a technical rating of 1 out of 10. TWO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
TWO has a poor technical rating and the quality of the setup is also not perfect 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
9.32
2 important support areas can be observed.
- A support zone ranging from 9.61 to 9.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.41 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 9.72 to 9.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.24 to 10.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.35 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 | DOWN | NEGATIVE | The long term trend for TWO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TWO is down. |
| ChartMill Relative Strength | 20.6 | NEGATIVE | TWO has a low relative strength, it was outperformed by 79.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TWO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TWO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TWO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.52 | NEUTRAL | The RSI value for TWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TWO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.56 | NEUTRAL | The Stochastics value for TWO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for TWO suggests some volalility. |
| Average Directional Index/ADX (14) | 11 | NEGATIVE | The low ADX value for TWO suggests a weak or negative trend. |
9.72
+0.3 (+3.18%)
TWO HARBORS INVESTMENT CORP / TWO FAQ
Can you provide the ChartMill technical rating for TWO HARBORS INVESTMENT CORP?
ChartMill assigns a technical rating of 1 / 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 48.5155. This indicates that the stock is currently neutral.
What is the buy/sell signal for TWO stock?
The buy/sell signal for TWO HARBORS INVESTMENT CORP (TWO) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for TWO HARBORS INVESTMENT CORP (TWO) stock?
TWO HARBORS INVESTMENT CORP (TWO) has a support level at 9.71 and a resistance level at 9.72. Check the full technical report for our detailed analysis of TWO support and resistance levels.