TWIST BIOSCIENCE - Daily - Technical analysis published on 02/19/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 26.57 USD
My targets
30.72 USD (+6.93%)
32.59 USD (+13.44%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TWIST BIOSCIENCE as long as the price remains well above 26.57 USD. The buyers” bullish objective is set at 30.72 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 32.59 USD. If there is any crossing, the next objective would be the resistance located at 33.99 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
6.6
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TWIST BIOSCIENCE rating is 28.73 USD. The price is lower by -5.99% since the last closing with the lowest point at 27.69 USD and the highest point at 29.94 USD. The deviation from the price is +3.76% for the low point and -4.04% for the high point.27.69
29.94
28.73
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of TWIST BIOSCIENCE in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 7 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 20.93 | 23.46 | 25.33 | 28.73 | 30.72 | 32.59 | 33.99 |
| Change (%) | -27.15% | -18.34% | -11.83% | - | +6.93% | +13.44% | +18.31% |
| Change | -7.80 | -5.27 | -3.40 | - | +1.99 | +3.86 | +5.26 |
| Level | Major | Minor | Intermediate | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.41 | 29.16 | 29.86 | 30.61 | 31.31 | 32.06 | 32.76 |
| Camarilla | 30.16 | 30.29 | 30.43 | 30.56 | 30.69 | 30.83 | 30.96 |
| Woodie | 28.39 | 29.15 | 29.84 | 30.60 | 31.29 | 32.05 | 32.74 |
| Fibonacci | 29.16 | 29.71 | 30.06 | 30.61 | 31.16 | 31.51 | 32.06 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.67 | 27.09 | 28.65 | 31.07 | 32.63 | 35.05 | 36.61 |
| Camarilla | 29.11 | 29.47 | 29.84 | 30.20 | 30.57 | 30.93 | 31.30 |
| Woodie | 24.23 | 26.88 | 28.21 | 30.86 | 32.19 | 34.84 | 36.17 |
| Fibonacci | 27.09 | 28.61 | 29.55 | 31.07 | 32.59 | 33.53 | 35.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.59 | 18.32 | 21.58 | 23.31 | 26.57 | 28.30 | 31.56 |
| Camarilla | 23.47 | 23.93 | 24.38 | 24.84 | 25.30 | 25.76 | 26.21 |
| Woodie | 17.36 | 18.70 | 22.35 | 23.69 | 27.34 | 28.68 | 32.33 |
| Fibonacci | 18.32 | 20.23 | 21.40 | 23.31 | 25.22 | 26.39 | 28.30 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.81 | |
| MACD (12,26,9): | 1.9600 | |
| Directional Movement: | 9.80 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 30.29 | |
| Parabolic SAR (0,02-0,02-0,2): | 33.50 | |
| Elder Ray (13): | -0.12 | |
| Super Trend (3,10): | 26.79 | |
| Zig ZAG (10): | 28.65 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 63.06 | |
| TEMA (21): | 31.44 | |
| Williams %R (14): | -50.56 | |
| Chande Momentum Oscillator (20): | 3.66 | |
| Repulse (5,40,3): | -1.8100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 1.1100 | |
| Courbe Coppock: | 59.08 |
| MA7: | 30.50 | |
| MA20: | 27.10 | |
| MA50: | 24.78 | |
| MA100: | 23.95 | |
| MAexp7: | 29.75 | |
| MAexp20: | 27.82 | |
| MAexp50: | 25.69 | |
| MAexp100: | 25.16 | |
| Price / MA7: | -5.80% | |
| Price / MA20: | +6.01% | |
| Price / MA50: | +15.94% | |
| Price / MA100: | +19.96% | |
| Price / MAexp7: | -3.43% | |
| Price / MAexp20: | +3.27% | |
| Price / MAexp50: | +11.83% | |
| Price / MAexp100: | +14.19% |
This member declared not having a position on this financial instrument or a related financial instrument.
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