Halozyme Therapeutics, Inc. ($HALO) Takes On Twist Bioscience Corporation ($TWST)

2019-08-16 | Welcome! Today we compared how two different stocks in the Biotechnology: Biological Products (No Diagnostic Substances) industry are trading: Halozyme Therapeutics, Inc. and Twist Bioscience Corporation. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Halozyme Therapeutics, Inc. opened at 15.87, got to a maximum price of 16.03 and dropped to as low as 15.72 before finishing the session at 15.85. In total there were 606900 shares traded, which is enough to conduct our analysis. Compare that now to Twist Bioscience Corporation, which opened at 29.04, had a high of 29.62, a low of 28.3, closed at 28.81 and had a total volume of 126300.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Halozyme Therapeutics, Inc. Twist Bioscience Corporation
Accumulation-distribution index 91.76315 184.60349
on-balance volume -15.82 -29.06
chaikin money flow

2.875 3.55172
force index

0.05217 -0.22403
ease of movement rating

-0.00103 0.00843
volume-price trend

-0.37763 2.01764
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Halozyme Therapeutics, Inc. Twist Bioscience Corporation
Average true range 0.26834 1.05837
Bolinger bands 15.78399 28.70225
Upper bollinger band 15.58601 27.45775
Lower bollinger band

15.72 28.3
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

nan 1.0
Central keltner channel

15.87333 28.98667
High band keltner channel

15.71333 28.40667
Low band keltner channel

16.03333 29.56667
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

15.72 28.3
Donchain channel low band

15.72 28.3
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Halozyme Therapeutics, Inc. Twist Bioscience Corporation
Moving Average Convergence Divergence (MACD) trend_macd -0.00987
MACD signal -0.00087 -0.00548
MACD difference -0.0007 -0.00439
fast Exponential Moving Average (EMA) indicator

15.72 28.3
slow Exponential Moving Average (EMA) indicator

15.72 28.3
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.08618 0.45129
trix

-2.00649 4.07341
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

66.66667 -66.66667
Detrended Price Oscillator (DPO)

0.37987 -1.87304
KST Oscillator (KST)

-23.5946 70.87602
KST Oscillator (KST Signal)

-23.5946 70.87602
KST difference

-1.08697 -4.16242
Ichimoku rating

15.95 29.33
Ichimoku B rating

15.95 29.33
Ichimoku visual trend A

16.44131 28.39752
Ichimoku visual trend B

16.40431 29.39669
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

-4.0 -4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Halozyme Therapeutics, Inc. Twist Bioscience Corporation
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 34.13195 100.0
True Strength Index (TSI) -100.0 100.0
ultimate oscillator

-443.68112 71.68047
stochastic oscillator

193.75 227.58621
stochastic oscillator signal

193.75 227.58621
Williams %R rating

93.75 127.58621
awesome oscillator

0.04835 -0.0205

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Halozyme Therapeutics, Inc. and Twist Bioscience Corporation.

Daily return -2.35946 7.0876
Daily log return -0.44629 -1.56698
Cumulative return -0.44529 -1.55477

So there you have it: our deep, grueling analysis comparing Halozyme Therapeutics, Inc. and Twist Bioscience Corporation together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Halozyme Therapeutics, Inc.:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether HALO is strong or weak. Again – this is not a reliable indication of whether Halozyme Therapeutics, Inc. is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with Twist Bioscience Corporation

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at amarketreportsjournal.
Abigale Lormen

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