RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TWOU
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Big movements in 2U stock price on Wednesday moving 13.89% between high and low
(Updated on Mar 27, 2024)

Sell candidate since Feb 13, 2024 Gain 9.05% PDF

The 2U stock price gained 13.93% on the last trading day (Wednesday, 27th Mar 2024), rising from $0.358 to $0.407. During the last trading day the stock fluctuated 13.89% from a day low at $0.360 to a day high of $0.410. The price has fallen in 6 of the last 10 days but is still up by 12.73% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately $1.29 million.

The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $0.531 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Due to the high volatility and the trend direction we are not able to give forecast range for this stock. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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TWOU Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 2U has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The 2U stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $0.443. On a fall, the stock will find some support from the short-term average at $0.381. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Friday, February 16, 2024, and so far it has fallen -13.63%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for 2U stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.383 and $0.374. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, 2U finds support just below today's level at $0.383. If this is broken, then the next support from accumulated volume will be at $0.374 and $0.335.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.0500 between high and low, or 13.89%. For the last week, the stock has had daily average volatility of 11.58%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (TWOU) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect 2U to open at $0.392, and during the day (based on 14 day Average True Range), to move between $0.349 and $0.466, which gives a possible trading interval of +/-$0.0588 (+/-14.43%) up or down from last closing price. If 2U takes out the full calculated possible swing range there will be an estimated 28.85% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.410 (0.69%) than the support at $0.383 (5.89%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is 2U stock A Buy?

2U holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.228 Sell Candidate Unchanged

Predicted Opening Price for 2U of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$0.392 ( 3.65%) $0.407

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TWOU

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.442 8.63 %
R2 0.423 3.94 %
R1 0.412 1.04 %
Current price: 0.407
Support S1 0.373 -8.34 %
S2 0.362 -11.24 %
S3 0.342 -15.93 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.472 15.79 %
R2 0.435 6.83 %
R1 0.410 0.687 %
Current price 0.407
Support S1 0.383 -5.89%
S2 0.374 -8.30%
S3 0.335 -17.65%

FAQ

What is the symbol for 2U Stock and on which exchange is it traded?
The symbol for 2U is TWOU and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell 2U Stock?
2U holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy 2U Stock?
2U Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy 2U Stock.

What's the current price of 2U Stock?
As of the end of day on the 2024-03-27, the price of an 2U (TWOU) share was $0.407.

What is the 52-week high and low for 2U Stock?
The 52-week high for 2U Stock is $6.97 and the 52-week low is $0.311.

What is the market capitalization of 2U Stock?
As of the 2024-03-27, the market capitalization of 2U is 34.068M.

When is the next earnings date for 2U?
The upcoming earnings date for 2U is Apr 24, 2024.
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About 2U

2U 2U, Inc. operates as an education technology company in the United States and internationally. The company operates through two segments, Degree Program and Alternative Credential. The Degree Program segment provides the technology and services to nonprofit colleges and universities to enable the online delivery of degree programs. This segment targets students seeking an undergraduate or graduate degree. The Alternative Credential segment offers... TWOU Profile

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