TWIST BIOSCIENCE CORP (TWST) Technical Analysis
NASDAQ:TWST • US90184D1000
Current stock price
TWST Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to TWST. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TWST is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- TWST is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TWST is performing more or less in line with the market.
- In the last month TWST has a been trading in the 41.52 - 51.28 range, which is quite wide. It is currently trading near the high of this range.
- TWST has an average volume of 1301490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that TWST is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- TWST is an average performer in the Biotechnology industry, it outperforms 68% of 517 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TWST Weekly and Daily overview Charts
TWST Setup Rating and Analysis
Although TWST has an excellent technical rating, the quality of the presented setup is not ideal 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
TWST Support and Resistance Analysis
27.52
When analyzing the support we can see 4 important areas.
- A support zone ranging from 45.99 to 46.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 43.25 to 43.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.07 from a horizontal line in the daily time frame.
- Support @27.80 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @50.22 from a horizontal line in the weekly time frame.
TWST 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 | 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 | 88.55 | POSITIVE | TWST has a high relative strength, it outperformed 88.55% off all stocks 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) | 57.7 | NEUTRAL | The RSI value for TWST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests TWST has a positive trend. |
| Stochastics (14,3) | 78.58 | NEUTRAL | The Stochastics value for TWST is a neutral value. |
| Average True Range in percent/ATR (20) | 6.56 | HIGH VOLATILITY | The high ATR as a percentage value for TWST suggests high volalility. |
| Average Directional Index/ADX (14) | 13.56 | NEGATIVE | The low ADX value for TWST suggests a weak or negative trend. |
TWST Chart- and CandleStick Pattern Analysis
TWST Technicals: Chart, Performance Metrics, Trend & Indicators
50.21
+0.67 (+1.35%)
TWIST BIOSCIENCE CORP / TWST TA FAQ
Can you provide the ChartMill technical rating for TWIST BIOSCIENCE CORP?
ChartMill assigns a technical rating of 9 / 10 to TWST.
Can you provide the trend direction for TWIST BIOSCIENCE CORP?
The current trend direction for TWIST BIOSCIENCE CORP (TWST) is Bullish.
Can you provide the RSI signal for TWIST BIOSCIENCE CORP?
TWIST BIOSCIENCE CORP (TWST) has an RSI value of 57.7047. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for TWIST BIOSCIENCE CORP?
The buy/sell signal for TWIST BIOSCIENCE CORP (TWST) is buy as both the short term and long term trends are positive.
What is the support and resistance level for TWST stock?
TWIST BIOSCIENCE CORP (TWST) has a support level at 46.76 and a resistance level at 50.22. Check the full technical report for our detailed analysis of TWST support and resistance levels.