Logo image of TTOO

T2 BIOSYSTEMS INC (TTOO) Stock Technical Analysis

NASDAQ:TTOO - Nasdaq - US89853L3024 - Common Stock

0.2299  -0.03 (-11.58%)

Premarket: 0.237 +0.01 (+3.09%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to TTOO. TTOO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, TTOO is a bad performer in the overall market: 100% of all stocks are doing better.
TTOO is part of the Biotechnology industry. There are 572 other stocks in this industry, of which 91% are performing better than TTOO.
TTOO is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month TTOO has a been trading in the 0.23 - 0.46 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Weekly and Daily overview Charts
T2 BIOSYSTEMS INC / TTOO Weekly stock chart
T2 BIOSYSTEMS INC / TTOO Daily stock chart
Setup Rating and Analysis

3

The technical rating of TTOO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.4
Mansfield-9.33
10 Day High0.43
10 Day Low0.23
20 Day High0.46
20 Day Low0.23
52 Week High6.95
52 Week Low0.23
Performance
1 Week-28.16%
2 Weeks-43.93%
1 Month-34.31%
3 Month-78.71%
6 Month-95.48%
12 Month-94.55%
2 Year-99.85%
3 Year-99.99%
5 Year-99.99%
10 Year-100%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)21.55
LBB0.21
UBB0.48
T2 BIOSYSTEMS INC / TTOO Daily stock chart

T2 BIOSYSTEMS INC

NASDAQ:TTOO (1/21/2025, 8:00:02 PM)

Premarket: 0.237 +0.01 (+3.09%)

0.2299

-0.03 (-11.58%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-11.58%
1 Week-28.16%
2 Weeks-43.93%
1 Month-34.31%
3 Month-78.71%
6 Month-95.48%
12 Month-94.55%
2 Year-99.85%
3 Year-99.99%
5 Year-99.99%
10 Year-100%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%18.1%
ATR Inc-13.17%
Range Today0.05
ADR(20)0.04
ADR(20)%17.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.4
Mansfield-9.33
10 Day High0.43
10 Day Low0.23
20 Day High0.46
20 Day Low0.23
52 Week High6.95
52 Week Low0.23
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-9.52%
DER(5)-10.85%
Volume2.16M
Volume Incr21.14%
Vol(5)1.15M
Vol(50)991.27K