TWO HARBORS INVESTMENT CORP (TWO) Stock Technical Analysis
NYSE:TWO - New York Stock Exchange, Inc. - US90187B8046 - REIT - Currency: USD
Taking everything into account, TWO scores 0 out of 10 in our technical rating. 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.
90% of all other stocks performed better in the past year than TWO.
TWO is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 66 other stocks in this industry, of which 92% are performing better than TWO.
TWO is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month TWO has a been trading in the 9.76 - 11.05 range, which is quite wide. It is currently trading near the lows of this range.
TWO has an average volume of 1934080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
The technical rating of TWO is bad and it also does not present a quality setup 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
9.77
14.49
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 10.18 to 10.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.58 from a trend line in the daily time frame.
- A resistance zone ranging from 10.81 to 11.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.97 from a horizontal line in the weekly time frame.
- 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 | 10.02 | NEGATIVE | TWO has a low relative strength, it was outperformed by 89.98% 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) | 34.68 | NEUTRAL | The RSI value for TWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests TWO has a negative trend. |
| Stochastics (14,3) | 8.45 | OVERSOLD | The low Stochastics value suggests TWO may be oversold. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for TWO suggests some volalility. |
| Average Directional Index/ADX (14) | 30.66 | POSITIVE | The high ADX value value for TWO 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)
9.87
-0.13 (-1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-1.3%
1 Week-3.99%
2 Weeks-6.53%
1 Month-8.1%
3 Month-10.03%
6 Month-17.34%
12 Month-27.85%
2 Year-26.4%
3 Year-54.14%
5 Year-54.56%
10 Year-93.96%
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%2.61%
ATR Inc6.3%
Range Today0.33
ADR(20)0.23
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.02
Mansfield-2.61
10 Day High10.55
10 Day Low9.76
20 Day High11.05
20 Day Low9.76
52 Week High14.28
52 Week Low9.76
CS1 EndN/A
CR1 Start10.18
Volume & EV
DER(3)-5.81%
DER(5)-5.68%
Volume3.85M
Volume Incr29.41%
Vol(5)2.85M
Vol(50)1.93M