Stock Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
T2 Biosystems, Inc. (NASDAQ:TTOO)
Bear Market Rally (-75) - TTOO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TTOO as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid TTOO?
MarketClub looks at technical strength and momentum to determine if the timing is right for TTOO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TTOO
The long-term trend has been DOWN since Oct 16th, 2023 at 6.8000
The intermediate-term trend has been DOWN since Sep 25th, 2023 at 0.2349
The short-term trend has been UP since Dec 1st, 2023 at 3.8800
Smart Scan Analysis for TTOO
Based on our trend formula, TTOO is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||9.98||Year High Date||2018-06-15|
|Year Low||3.8524||Year Low Date||2018-02-06|
|52wk High||210.99||52wk High Date||2023-01-17|
|52wk Low||3.36||52wk Low Date||2023-11-29|
|Average Volume||296,909||Shares Outstanding||4,050|