TWO HARBORS INVESTMENT CORP (TWO) Stock Technical Analysis
USA - NYSE:TWO - US90187B8046 - REIT
9.87 USD
+0.11 (+1.13%)
9.88 USD
+0.01 (+0.1%)
We assign a technical rating of 0 out of 10 to TWO. TWO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
86% of all other stocks performed better in the past year than TWO.
TWO is one of the lesser performing stocks in the Mortgage Real Estate Investment Trusts (REITs)" industry. 74% of 67 stocks in the same industry do better.
TWO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TWO has a been trading in the 9.65 - 10.58 range, which is quite wide. It is currently trading near the lows of this range.
TWO has an average volume of 1909710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, TWO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 9.85, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TWO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.46
14.49
We found 2 important support areas.
- A support zone ranging from 9.75 to 9.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.56 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.87 to 10.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.37 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 | 14.35 | NEGATIVE | TWO has a low relative strength, it was outperformed by 85.65% 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) | DOWN | NEGATIVE | The current price of TWO is below a declining 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) | 46.48 | NEUTRAL | The RSI value for TWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TWO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.47 | NEUTRAL | The Stochastics value for TWO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for TWO suggests low volalility. |
| Average Directional Index/ADX (14) | 12.52 | NEGATIVE | The low ADX value for TWO suggests a weak or negative 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)
9.87
+0.11 (+1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg1.13%
1 Week0.61%
2 Weeks-1.1%
1 Month-0.2%
3 Month-6.53%
6 Month-14.47%
12 Month-24.25%
2 Year-25.45%
3 Year-25.68%
5 Year-51.52%
10 Year-93.01%
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%1.93%
ATR Inc18.11%
Range Today0.24
ADR(20)0.19
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.35
Mansfield-2.33
10 Day High10.19
10 Day Low9.65
20 Day High10.58
20 Day Low9.65
52 Week High14.28
52 Week Low9.49
CS1 End9.85
CR1 Start9.87
Volume & EV
DER(3)1.94%
DER(5)4.36%
Volume2.44M
Volume Incr6.37%
Vol(5)1.76M
Vol(50)1.91M