TWO HARBORS INVESTMENT CORP (TWO) Technical Analysis
NYSE:TWO • US90187B8046
Current stock price
TWO Technical Rating and Analysis
Overall TWO gets a technical rating of 4 out of 10. TWO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 69% of all other stocks performed better in the past year than TWO.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month TWO has a been trading in the 8.78 - 11.50 range, which is quite wide. It is currently trading near the high of this range.
- TWO has an average volume of 3685920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TWO is an average performer in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 56% of 68 stocks in the same industry.
- TWO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TWO is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
TWO Weekly and Daily overview Charts
TWO Setup Rating and Analysis
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
TWO Support and Resistance Analysis
9.65
We found 3 important support areas.
- A support zone ranging from 11.18 to 11.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.35 to 10.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.75 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.41 to 11.41. 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.
TWO Technical Indicator Signal Analysis
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 | 31.43 | 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) | DOWN | MIXED | The current price of TWO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TWO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.98 | NEUTRAL | The RSI value for TWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests TWO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.85 | OVERBOUGHT | The high Stochastics value suggests TWO may be overbought. |
| Average True Range in percent/ATR (20) | 4.55 | MEDIUM VOLATILITY | The ATR as a percentage value for TWO suggests some volalility. |
| Average Directional Index/ADX (14) | 30.94 | POSITIVE | The high ADX value value for TWO suggests a strong trend. |
TWO Chart- and CandleStick Pattern Analysis
TWO Technicals: Chart, Performance Metrics, Trend & Indicators
11.4
+0.08 (+0.71%)
TWO HARBORS INVESTMENT CORP / TWO TA FAQ
Can you provide the ChartMill technical rating for TWO HARBORS INVESTMENT CORP?
ChartMill assigns a technical rating of 4 / 10 to TWO.
What is the current trend direction of TWO HARBORS INVESTMENT CORP (TWO) stock?
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 61.9814. This indicates that the stock is currently neutral.
What is the short term momentum for TWO stock?
The short term momentum for TWO HARBORS INVESTMENT CORP (TWO) is positive.
What are the support and resistance levels for TWO HARBORS INVESTMENT CORP (TWO) stock?
TWO HARBORS INVESTMENT CORP (TWO) has a support level at 11.39 and a resistance level at 11.41. Check the full technical report for our detailed analysis of TWO support and resistance levels.