New Analysis: Twist Bioscience Corporation ($TWST) vs Eiger BioPharmaceuticals, Inc. ($EIGR)

2019-08-20 | Welcome! Today we compared how two different stocks in the Biotechnology: Biological Products (No Diagnostic Substances) industry are trading: Twist Bioscience Corporation and Eiger BioPharmaceuticals, Inc.. 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, Twist Bioscience Corporation opened at 29.97, got to a maximum price of 30.97 and dropped to as low as 29.93 before finishing the session at 30.34. In total there were 85900 shares traded, which is enough to conduct our analysis. Compare that now to Eiger BioPharmaceuticals, Inc., which opened at 10.44, had a high of 10.492, a low of 10.105, closed at 10.41 and had a total volume of 105500.

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 Twist Bioscience Corporation Eiger BioPharmaceuticals, Inc.
Accumulation-distribution index 82.54617 162.12742
on-balance volume -29.65 -10.26
chaikin money flow

1.08 13.88462
force index

2.4939 0.3488
ease of movement rating

0.0303 0.01662
volume-price trend

3.7872 -0.86651
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 Twist Bioscience Corporation Eiger BioPharmaceuticals, Inc.
Average true range 1.03917 0.34424
Bolinger bands 31.05448 10.47526
Upper bollinger band 27.57552 9.32974
Lower bollinger band

29.93 10.105
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

30.29 10.34567
High band keltner channel

29.29 10.29367
Low band keltner channel

31.29 10.39767
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

29.93 10.105
Donchain channel low band

29.93 10.105
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 Twist Bioscience Corporation Eiger BioPharmaceuticals, Inc.
Moving Average Convergence Divergence (MACD) trend_macd -0.00909
MACD signal -0.01533 -0.00505
MACD difference -0.01226 -0.00404
fast Exponential Moving Average (EMA) indicator

29.93 10.105
slow Exponential Moving Average (EMA) indicator

29.93 10.105
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

0.47364 0.13719
trix

9.1406 -3.36452
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

-66.66667 -66.66667
Detrended Price Oscillator (DPO)

-3.33833 0.95408
KST Oscillator (KST)

125.54036 -86.27127
KST Oscillator (KST Signal)

125.54036 -86.27127
KST difference

-11.56377 -9.15537
Ichimoku rating

30.47 10.466
Ichimoku B rating

30.47 10.466
Ichimoku visual trend A

28.50678 11.18057
Ichimoku visual trend B

29.47094 10.99982
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 Twist Bioscience Corporation Eiger BioPharmaceuticals, Inc.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 100.0 24.17329
True Strength Index (TSI) 100.0 -100.0
ultimate oscillator

98.81598 -68.24422
stochastic oscillator

104.0 744.23077
stochastic oscillator signal

104.0 744.23077
Williams %R rating

4.0 644.23077
awesome oscillator

-0.21167 -0.07767

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

Daily return 12.55404 -8.62713
Daily log return -4.19642 -4.09045
Cumulative return -4.10959 -4.00792

So there you have it: our deep, grueling analysis comparing Twist Bioscience Corporation and Eiger BioPharmaceuticals, Inc. 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 Twist Bioscience Corporation:

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 TWST is strong or weak. Again – this is not a reliable indication of whether Twist Bioscience Corporation 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 Eiger BioPharmaceuticals, Inc.

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.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com
Gary Ivenchuck

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