TWO HARBORS INVESTMENT CORP (TWO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TWO - US90187B8046 - REIT
We assign a technical rating of 4 out of 10 to TWO. Recently some decent action could be observed, but in the medium term time frame this is still negative. TWO was also a bad performer in the overall market in the last year.
TWO has an average technical rating and it also does not offer a high 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
9.32
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.57 to 9.90. 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 10.22 to 10.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.45 from a horizontal line in the daily time frame.
- 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 | 31.24 | 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 | NEGATIVE | The current price of TWO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.14 | NEUTRAL | The RSI value for TWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests TWO has a positive trend. |
| Stochastics (14,3) | 86.73 | OVERBOUGHT | The high Stochastics value suggests TWO may be overbought. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for TWO suggests low volalility. |
| Average Directional Index/ADX (14) | 18.14 | NEGATIVE | The low ADX value for TWO suggests a weak or negative trend. |
10.21
+0.16 (+1.59%)
TWO HARBORS INVESTMENT CORP / TWO FAQ
Can you provide the ChartMill technical rating for TWO HARBORS INVESTMENT CORP?
ChartMill assigns a technical rating of 4 / 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 66.1427. 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 9.9 and a resistance level at 10.22. Check the full technical report for our detailed analysis of TWO support and resistance levels.