TWST's stock price has shown volatility recently, with a current price of $42.165 as of March 17, 2025. The stock is below its 200-day moving average, indicating a bearish trend. However, the RSI_14 is at 43.84, nearing oversold territory, which could signal a potential bounce.
Cathie Wood's Ark Invest purchased 36,806 shares on February 15, a bullish signal. However, they sold 65,290 shares on March 1, which might indicate profit-taking or reduced confidence.
The pivot is at $38.61, with support at $35.57 and $33.69. Resistance levels are at $41.64 and $43.52.
Given the oversold RSI and nearby resistance, TWST could see a short-term bounce. The target price is $43.52, with a buy recommendation for a potential rebound.
Prediction: Buy TWST with a target price of $43.52.
The price of TWST is predicted to go up 3.08%, based on the high correlation periods with FBRT. The similarity of these two price pattern on the periods is 98.55%.
TWST
FBRT
Wolfe Research
2024-12-13
Price Target
$60
Upside
+26.32%
TD Cowen
2024-11-26
Price Target
$58
Upside
+25.16%
Barclays
2024-11-19
Price Target
$55 → $52
Upside
+25.85%