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THOUGHTWORKS HOLDING INC (TWKS) Stock Technical Analysis

NASDAQ:TWKS - Nasdaq - US88546E1055 - Common Stock - Currency: USD

4.47  -0.02 (-0.45%)

After market: 4.47 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, TWKS scores 7 out of 10 in our technical rating. Although TWKS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

TWKS is part of the IT Services industry. There are 82 other stocks in this industry, of which 61% are performing better than TWKS.
Both the short term and long term trends are positive. This is a very positive sign.
TWKS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TWKS is lagging the market slightly.
TWKS has an average volume of 4658320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, TWKS outperforms 51% of them, which is more or less in line with the market.
In the last month TWKS has a been trading in a tight range between 4.41 and 4.53.
Volume is considerably higher in the last couple of days.

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Weekly and Daily overview Charts
THOUGHTWORKS HOLDING INC / TWKS Weekly stock chart
THOUGHTWORKS HOLDING INC / TWKS Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, TWKS also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.46, a Stop Loss order could be placed below this zone.

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Support and Resistance Analysis

4.25

4.55

When analyzing the support we notice one important area.

  • A support zone ranging from 4.29 to 4.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 4.50 to 4.50. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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
CRS51.98
Mansfield0.51
10 Day High4.53
10 Day Low4.42
20 Day High4.53
20 Day Low4.41
52 Week High5.2
52 Week Low2.19
Performance
1 Week-0.22%
2 Weeks0%
1 Month0.9%
3 Month3%
6 Month39.25%
12 Month11.47%
2 Year-50.99%
3 Year-84.69%
5 YearN/A
10 YearN/A
15 YearN/A

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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)

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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)57.06
LBB4.41
UBB4.5

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Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
4.514.410.10 (2.22%)25.00%
An entry @4.51. This is a Buy Stop order right above the resistance zone.An exit @4.41. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.10 points, which is 2.22%.For a 0.55% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.

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THOUGHTWORKS HOLDING INC / TWKS Daily stock chart

THOUGHTWORKS HOLDING INC

NASDAQ:TWKS (11/12/2024, 8:00:01 PM)

After market: 4.47 0 (0%)

4.47

-0.02 (-0.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.45%
1 Week-0.22%
2 Weeks0%
1 Month0.9%
3 Month3%
6 Month39.25%
12 Month11.47%
2 Year-50.99%
3 Year-84.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.92%
ATR Inc68.52%
Range Today0.09
ADR(20)0.04
ADR(20)%0.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.98
Mansfield0.51
10 Day High4.53
10 Day Low4.42
20 Day High4.53
20 Day Low4.41
52 Week High5.2
52 Week Low2.19
CS1 End4.46
CR1 Start4.5
Volume & EV
DER(3)0.05%
DER(5)1.52%
Volume52.19M
Volume Incr237.91%
Vol(5)14.39M
Vol(50)4.66M