TWO HARBORS INVESTMENT CORP - Daily - Technical analysis published on 06/27/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 12.70 USD
My targets
12.22 USD (-3.63%)
11.58 USD (-8.68%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 12.70 USD remains possible. It is advisable to trade TWO HARBORS INVESTMENT CORP with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 12.70 USD. The next bearish objective for sellers is set at 12.22 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 11.58 USD. PS: if there is a bullish break in the resistance located at 12.70 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TWO HARBORS INVESTMENT CORP rating is 12.68 USD. The price registered a decrease of -0.24% on the session with the lowest point at 12.68 USD and the highest point at 12.79 USD. The deviation from the price is 0% for the low point and -0.86% for the high point.12.68
12.79
12.68
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of TWO HARBORS INVESTMENT CORP in Daily shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 11.58 | 12.22 | 12.68 | 12.70 | 13.87 | 14.22 |
| Change (%) | -8.68% | -3.63% | - | +0.16% | +9.38% | +12.15% |
| Change | -1.10 | -0.46 | - | +0.02 | +1.19 | +1.54 |
| Level | Major | Major | - | Major | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.55 | 12.63 | 12.67 | 12.75 | 12.79 | 12.87 | 12.91 |
| Camarilla | 12.68 | 12.69 | 12.70 | 12.71 | 12.72 | 12.73 | 12.74 |
| Woodie | 12.53 | 12.62 | 12.65 | 12.74 | 12.77 | 12.86 | 12.89 |
| Fibonacci | 12.63 | 12.68 | 12.70 | 12.75 | 12.80 | 12.82 | 12.87 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.36 | 12.47 | 12.59 | 12.70 | 12.82 | 12.93 | 13.05 |
| Camarilla | 12.66 | 12.68 | 12.70 | 12.72 | 12.74 | 12.76 | 12.78 |
| Woodie | 12.38 | 12.47 | 12.60 | 12.70 | 12.84 | 12.93 | 13.06 |
| Fibonacci | 12.47 | 12.55 | 12.61 | 12.70 | 12.78 | 12.84 | 12.93 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 47.36 | |
| MACD (12,26,9): | -0.0700 | |
| Directional Movement: | 2.20 | |
| AROON (14): | 71.42 | |
| DEMA (21): | 12.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.53 | |
| Elder Ray (13): | 0.09 | |
| Super Trend (3,10): | 12.29 | |
| Zig ZAG (10): | 12.68 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 74.67 | |
| TEMA (21): | 12.64 | |
| Williams %R (14): | -30.40 | |
| Chande Momentum Oscillator (20): | 0.29 | |
| Repulse (5,40,3): | -1.7100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1600 | |
| Courbe Coppock: | 4.22 |
| MA7: | 12.68 | |
| MA20: | 12.53 | |
| MA50: | 13.05 | |
| MA100: | 13.29 | |
| MAexp7: | 12.67 | |
| MAexp20: | 12.67 | |
| MAexp50: | 12.91 | |
| MAexp100: | 13.14 | |
| Price / MA7: | -0% | |
| Price / MA20: | +1.20% | |
| Price / MA50: | -2.84% | |
| Price / MA100: | -4.59% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | -1.78% | |
| Price / MAexp100: | -3.50% |
News
Don"t forget to follow the news on TWO HARBORS INVESTMENT CORP. At the time of publication of this analysis, the latest news was as follows:
- Capitol Investment Corp. IV to Combine with Nesco
- Two Harbors Investment Corp. Reports Fourth Quarter 2018 Financial Results
- ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of CYS Investments, Inc.
- Two Harbors Investment Corp. to Host Earnings Call
- Investor Network: Two Harbors Investment Corp. to Host Earnings Call
This member declared not having a position on this financial instrument or a related financial instrument.
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