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 TWST
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Twist Bioscience Corp. stock downgraded from Hold/Accumulate to Sell Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Sell candidate since Mar 27, 2024 PDF

The Twist Bioscience Corp. stock price gained 2.16% on the last trading day (Wednesday, 27th Mar 2024), rising from $33.75 to $34.48. During the last trading day the stock fluctuated 2.64% from a day low at $33.67 to a day high of $34.56. The price has fallen in 6 of the last 10 days and is down by -2.98% for this period. Volume fell on the last day by -160 thousand shares and in total, 477 thousand shares were bought and sold for approximately $16.45 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $33.39 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 3.98% during the next 3 months and, with a 90% probability hold a price between $34.72 and $43.92 at the end of this 3-month period.

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TWST Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, March 15, 2024, and so far it has risen 2.50%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Twist Bioscience Corp. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $34.62 and $37.27. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Twist Bioscience Corp. stock

Twist Bioscience Corp. finds support from accumulated volume at $33.26 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.89 between high and low, or 2.64%. For the last week, the stock has had daily average volatility of 4.55%.

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

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

For the upcoming trading day on Thursday, 28th we expect Twist Bioscience Corp. to open at $34.24, and during the day (based on 14 day Average True Range), to move between $32.45 and $36.51, which gives a possible trading interval of +/-$2.03 (+/-5.88%) up or down from last closing price. If Twist Bioscience Corp. takes out the full calculated possible swing range there will be an estimated 11.77% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $34.64 (0.46%) than the support at $33.26 (3.54%), 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 Twist Bioscience Corp. stock A Buy?

The Twist Bioscience Corp. stock holds several negative signals and despite the positive trend, we believe Twist Bioscience Corp. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -2.602 Sell Candidate Downgraded

Predicted Opening Price for Twist Bioscience Corp. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$34.24 ( 0.706%) $34.48

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

Trading levels for TWST

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 35.13 1.88 %
R2 34.79 0.89 %
R1 34.58 0.280 %
Current price: 34.48
Support S1 33.90 -1.69 %
S2 33.69 -2.30 %
S3 33.35 -3.29 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 37.01 7.34 %
R2 36.59 6.12 %
R1 34.64 0.464 %
Current price 34.48
Support S1 33.26 -3.54%
S2 32.53 -5.66%
S3 32.40 -6.03%

FAQ

What is the symbol for Twist Bioscience Corp. Stock and on which exchange is it traded?
The symbol for Twist Bioscience Corp. is TWST and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Twist Bioscience Corp. Stock?
The Twist Bioscience Corp. stock holds several negative signals and despite the positive trend, we believe Twist Bioscience Corp. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

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

What's the current price of Twist Bioscience Corp. Stock?
As of the end of day on the 2024-03-27, the price of an Twist Bioscience Corp. (TWST) share was $34.48.

What is the 52-week high and low for Twist Bioscience Corp. Stock?
The 52-week high for Twist Bioscience Corp. Stock is $43.18 and the 52-week low is $11.46.

What is the market capitalization of Twist Bioscience Corp. Stock?
As of the 2024-03-27, the market capitalization of Twist Bioscience Corp. is 1.97B.

When is the next earnings date for Twist Bioscience Corp.?
The upcoming earnings date for Twist Bioscience Corp. is May 03, 2024.
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About Twist Bioscience Corp.

Twist Bioscience . Twist Bioscience Corporation, a synthetic biology company, manufactures and sells synthetic DNA-based products. The company's DNA synthesis platform enables the manufacturing of synthetic DNA by writing DNA on a silicon chip. It offers synthetic DNA-based products, including synthetic genes, tools for sample preparation, antibody libraries for drug discovery and development, and DNA as a digital data storage medium. The company has collaboration ... TWST Profile

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