Stock Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
T2 Biosystems, Inc. (NASDAQ:TTOO)
Strong Downtrend (-100) - TTOO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TTOO continues to fall. 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 0.3600
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 0.4254
The short-term trend has been DOWN since May 24th, 2022 at 0.2050
Smart Scan Analysis for TTOO
Based on our trend formula, TTOO is rated as a -100 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||1.48||52wk High Date||2021-06-09|
|52wk Low||0.1999||52wk Low Date||2022-05-18|
|Average Volume||1,795,819||Shares Outstanding||171,725|