| TWST latest price $61.6600 (-6.15%) ($60.5000 - $71.7100) on Fri. Aug. 7, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.13% (three month average) |
RSI | 61 |
Latest Price | $61.6600(-6.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TWST advances 1.8% a day on average for past five trading days. |
Weekly Trend | TWST advances 5.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TWST advance at 0% a week (0% probability) XBI(70%) ARKG(66%) ARKK(61%) SKYY(58%) VUG(56%) |
Factors Impacting TWST price | TWST will decline at least -2.065% in a week (0% probabilities). VIXM(-38%) UUP(-27%) TBT(-15%) VXX(-14%) IYT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.065% (StdDev 4.13%) |
Hourly BBV | 0 () |
Intraday Trend | -7.1% |
| |
|
|