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AI Analysis of TWO
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Two Harbors Investments Corp stock downgraded from Hold/Accumulate to Sell Candidate after Monday trading session.
(Updated on Mar 18, 2024)

Sell candidate since Mar 18, 2024 PDF

The Two Harbors Investments Corp stock price fell by -0.705% on the last day (Monday, 18th Mar 2024) from $12.77 to $12.68. During the last trading day the stock fluctuated 1.46% from a day low at $12.68 to a day high of $12.87. The price has risen in 6 of the last 10 days but is still down by -0.31% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -244 thousand shares and in total, 837 thousand shares were bought and sold for approximately $10.62 million.

The stock lies the upper part of a 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 $12.91 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -11.47% during the next 3 months and, with a 90% probability hold a price between $10.11 and $11.43 at the end of this 3-month period. 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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TWO Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, February 07, 2024, and so far it has risen 4.19%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Two Harbors Investments Corp stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $12.82 and $12.71. 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). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Two Harbors Investments Corp stock

Two Harbors Investments Corp finds support from accumulated volume at $12.65 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.185 between high and low, or 1.46%. For the last week the stock has had daily average volatility of 1.91%.

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

Trading Expectations (TWO) For The Upcoming Trading Day Of Tuesday 19th

For the upcoming trading day on Tuesday, 19th we expect Two Harbors Investments Corp to open at $12.74, and during the day (based on 14 day Average True Range), to move between $12.41 and $12.95, which gives a possible trading interval of +/-$0.270 (+/-2.13%) up or down from last closing price. If Two Harbors Investments Corp takes out the full calculated possible swing range there will be an estimated 4.26% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $12.65 (0.24%) than the resistance at $12.77 (0.71%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Two Harbors Investments Corp stock A Buy?

Two Harbors Investments Corp holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore 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: -1.373 Sell Candidate Downgraded

Predicted Opening Price for Two Harbors Investments Corp of Tuesday, March 19, 2024

Fair opening price March 19, 2024 Current price
$12.74 ( 0.487%) $12.68

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

Trading levels for TWO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 12.93 1.95 %
R2 12.86 1.39 %
R1 12.81 1.04 %
Current price: 12.68
Support S1 12.67 -0.0711 %
S2 12.63 -0.416 %
S3 12.56 -0.97 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 14.22 12.15 %
R2 14.20 11.99 %
R1 12.77 0.710 %
Current price 12.68
Support S1 12.65 -0.237%
S2 12.52 -1.26%
S3 12.46 -1.74%

TWO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 11, 2024 Jan 11, 2024 Jan 29, 2024 $0.450 3.30%
2 Sep 19, 2023 Oct 02, 2023 Oct 27, 2023 $0.450 4.52%
3 Jun 21, 2023 Jul 03, 2023 Jul 28, 2023 $0.450 3.31%
4 Mar 23, 2023 Apr 03, 2023 Apr 28, 2023 $0.600 4.31%
5 Dec 19, 2022 Jan 04, 2023 Jan 27, 2023 $0.600 3.35%

FAQ

What is the symbol for Two Harbors Investments Corp Stock and on which exchange is it traded?
The symbol for Two Harbors Investments Corp is TWO and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Two Harbors Investments Corp Stock?
Two Harbors Investments Corp holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore 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 Two Harbors Investments Corp Stock?
Two Harbors Investments 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 Two Harbors Investments Corp Stock.

What's the current price of Two Harbors Investments Corp Stock?
As of the end of day on the 2024-03-18, the price of an Two Harbors Investments Corp (TWO) share was $12.68.

What is the 52-week high and low for Two Harbors Investments Corp Stock?
The 52-week high for Two Harbors Investments Corp Stock is $14.72 and the 52-week low is $9.83.

What is the market capitalization of Two Harbors Investments Corp Stock?
As of the 2024-03-18, the market capitalization of Two Harbors Investments Corp is 1.321B.

When is the next earnings date for Two Harbors Investments Corp?
The upcoming earnings date for Two Harbors Investments Corp is May 06, 2024.
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About Two Harbors Investments Corp

Two Harbors Investments Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States. Its target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, and hybrid adjustable-rate mortgage (ARMs); and other as... TWO Profile

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