Taking everything into account, TWST scores 6 out of 10 in our technical rating. In the last year, TWST was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
TWST has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 34.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.15, a Stop Loss order could be placed below this zone.
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25.83
We found 3 important support areas.
- A support zone ranging from 30.92 to 31.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.91 from a trend line in the weekly time frame.
- Support @26.09 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 34.12 to 34.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 34.90 to 35.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @46.67 from a trend 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 TWST is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TWST is up. |
| ChartMill Relative Strength | 29.48 | NEGATIVE | TWST has a low relative strength, it was outperformed by 70.52% 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) | DOWN | MIXED | The current price of TWST is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.38 | NEUTRAL | The RSI value for TWST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests TWST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.32 | NEUTRAL | The Stochastics value for TWST is a neutral value. |
| Average True Range in percent/ATR (20) | 5.3 | HIGH VOLATILITY | The high ATR as a percentage value for TWST suggests high volalility. |
| Average Directional Index/ADX (14) | 15.48 | NEGATIVE | The low ADX value for TWST suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 34.19 | 30.91 | 3.28 (9.59%) | 10.42% |
| An entry @34.19. This is a Buy Stop order right above the resistance zone. | An exit @30.91. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.28 points, which is 9.59%. | For a 1.00% total portfolio risk, you can invest 10.42% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
33.05
-0.53 (-1.58%)
TWIST BIOSCIENCE CORP / TWST FAQ
Can you provide the ChartMill technical rating for TWIST BIOSCIENCE CORP?
ChartMill assigns a technical rating of 6 / 10 to TWST.
What is the current trend direction of TWIST BIOSCIENCE CORP (TWST) stock?
The current trend direction for TWIST BIOSCIENCE CORP (TWST) is Bearish.
What is the RSI signal for TWIST BIOSCIENCE CORP (TWST) stock?
TWIST BIOSCIENCE CORP (TWST) has an RSI value of 55.3847. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TWIST BIOSCIENCE CORP?
The MACD indicator for TWIST BIOSCIENCE CORP (TWST) has a value of 0.167131, indicating a bearish trend.
What are the support and resistance levels for TWIST BIOSCIENCE CORP (TWST) stock?
TWIST BIOSCIENCE CORP (TWST) has a support level at 31.15 and a resistance level at 34.12. Check the full technical report for our detailed analysis of TWST support and resistance levels.