Taking everything into account, TWST scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TWST is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- TWST has an average volume of 1307320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, TWST outperforms 47% of them, which is more or less in line with the market.
- TWST is an average performer in the Biotechnology industry, it outperforms 58% of 524 stocks in the same industry.
- TWST is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TWST is lagging the market.
- In the last month TWST has a been trading in the 31.43 - 45.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although TWST has an excellent technical rating, it 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
28.49
We found 4 important support areas.
- A support zone ranging from 41.06 to 41.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.20 from a trend line in the daily time frame.
- Support @33.04 from a trend line in the daily time frame.
- Support @28.78 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.45 to 42.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for TWST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TWST is up. |
| ChartMill Relative Strength | 47.21 | NEUTRAL | TWST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TWST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TWST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TWST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.36 | NEUTRAL | The RSI value for TWST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests TWST has a negative trend. |
| Stochastics (14,3) | 60.03 | NEUTRAL | The Stochastics value for TWST is a neutral value. |
| Average True Range in percent/ATR (20) | 5.65 | HIGH VOLATILITY | The high ATR as a percentage value for TWST suggests high volalility. |
| Average Directional Index/ADX (14) | 31.25 | POSITIVE | The high ADX value value for TWST suggests a strong trend. |
41.07
-0.51 (-1.23%)
TWIST BIOSCIENCE CORP / TWST FAQ
Can you provide the ChartMill technical rating for TWIST BIOSCIENCE CORP?
ChartMill assigns a technical rating of 8 / 10 to TWST.
What is the trend direction for TWST stock?
The current trend direction for TWIST BIOSCIENCE CORP (TWST) is Bullish.
What is the RSI signal for TWIST BIOSCIENCE CORP (TWST) stock?
TWIST BIOSCIENCE CORP (TWST) has an RSI value of 59.3646. This indicates that the stock is currently neutral.
What is the MACD signal for TWST stock?
The MACD indicator for TWIST BIOSCIENCE CORP (TWST) has a value of -0.183929, indicating a bearish trend.
What is the support and resistance level for TWST stock?
TWIST BIOSCIENCE CORP (TWST) has a support level at 41.06 and a resistance level at 42.45. Check the full technical report for our detailed analysis of TWST support and resistance levels.