Stock Trend Analysis Report
Prepared for you on Sunday, June 4, 2023.
T2 Biosystems, Inc. (NASDAQ:TTOO)
Long-Term Downtrend (-90) - TTOO is in a strong downtrend that is likely to continue. While TTOO is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 May 6th, 2022 at 18.0000
The intermediate-term trend has been DOWN since Jan 30th, 2023 at 1.5900
The short-term trend has been DOWN since May 31st, 2023 at 0.0915
Smart Scan Analysis for TTOO
Based on our trend formula, TTOO is rated as a -90 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||15||52wk High Date||2022-08-11|
|52wk Low||0.089||52wk Low Date||2023-06-01|
|Average Volume||23,167,315||Shares Outstanding||24,888|