T2 Biosystms Stock Technical Analysis

TTOO Stock  USD 0.50  0.04  7.41%   
As of the 27th of March, T2 Biosystms owns the standard deviation of 7.04, and Market Risk Adjusted Performance of (0.50). In connection with fundamental indicators, the technical analysis model makes it possible for you to check timely technical drivers of T2 Biosystms, as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for T2 Biosystms, which can be compared to its peers in the sector. Please validate T2 Biosystms standard deviation, as well as the relationship between the value at risk and kurtosis to decide if T2 Biosystms is priced adequately, providing market reflects its prevailing price of 0.5 per share. As T2 Biosystms is a penny stock we also advise to double-check its total risk alpha numbers.
  

T2 Biosystms Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as T2 Biosystms, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to T2 Biosystms
T2 Biosystms' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

T2 Biosystms Analyst Consensus

Target PriceAdvice# of Analysts
1.58Hold2Odds
T2 Biosystms current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most T2 Biosystms analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand T2 Biosystms stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of T2 Biosystms, talking to its executives and customers, or listening to T2 Biosystms conference calls.
T2 Biosystms Analyst Advice Details
T2 Biosystms technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of T2 Biosystms technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of T2 Biosystms trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

T2 Biosystms Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of T2 Biosystms volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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T2 Biosystms Trend Analysis

Use this graph to draw trend lines for T2 Biosystms. You can use it to identify possible trend reversals for T2 Biosystms as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual T2 Biosystms price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

T2 Biosystms Best Fit Change Line

The following chart estimates an ordinary least squares regression model for T2 Biosystms applied against its price change over selected period. The best fit line has a slop of   0.03  , which may suggest that T2 Biosystms market price will keep on failing further. It has 122 observation points and a regression sum of squares at 27.84, which is the sum of squared deviations for the predicted T2 Biosystms price change compared to its average price change.

About T2 Biosystms Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of T2 Biosystms on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of T2 Biosystms based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on T2 Biosystms price pattern first instead of the macroeconomic environment surrounding T2 Biosystms. By analyzing T2 Biosystms's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of T2 Biosystms's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to T2 Biosystms specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 (projected)
PPandE Turnover5.986.45
Long Term Debt to Equity4.675.04

T2 Biosystms March 27, 2023 Technical Indicators

Most technical analysis of T2 Biosystms help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for T2 Biosystms from various momentum indicators to cycle indicators. When you analyze T2 Biosystms charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out World Market Map. To learn how to invest in T2 Biosystms Stock please use our How to Invest in T2 Biosystms guide. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for analysis

When running T2 Biosystms price analysis, check to measure T2 Biosystms' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy T2 Biosystms is operating at the current time. Most of T2 Biosystms' value examination focuses on studying past and present price action to predict the probability of T2 Biosystms' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move T2 Biosystms' price. Additionally, you may evaluate how the addition of T2 Biosystms to your portfolios can decrease your overall portfolio volatility.
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Is T2 Biosystms' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of T2 Biosystms. If investors know T2 Biosystms will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about T2 Biosystms listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(12.66) 
Revenue Per Share
4.373
Quarterly Revenue Growth
(0.21) 
Return On Assets
(0.73) 
Return On Equity
(6.22) 
The market value of T2 Biosystms is measured differently than its book value, which is the value of T2 Biosystms that is recorded on the company's balance sheet. Investors also form their own opinion of T2 Biosystms' value that differs from its market value or its book value, called intrinsic value, which is T2 Biosystms' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because T2 Biosystms' market value can be influenced by many factors that don't directly affect T2 Biosystms' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between T2 Biosystms' value and its price as these two are different measures arrived at by different means. Investors typically determine T2 Biosystms value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T2 Biosystms' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.