2Seventy Bio Stock Forecast - Daily Balance Of Power

TSVT Stock  USD 3.74  0.21  5.32%   
2Seventy Stock Forecast is based on your current time horizon.
  
At this time, 2Seventy Bio's Inventory Turnover is comparatively stable compared to the past year. Receivables Turnover is likely to gain to 9.74 in 2024, whereas Payables Turnover is likely to drop 1.51 in 2024. . Common Stock Shares Outstanding is likely to drop to about 32.7 M in 2024. Net Loss is likely to drop to about (240.2 M) in 2024.

Open Interest Against 2024-12-20 2Seventy Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast 2Seventy Bio's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in 2Seventy Bio's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for 2Seventy Bio stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current 2Seventy Bio's open interest, investors have to compare it to 2Seventy Bio's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of 2Seventy Bio is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in 2Seventy. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
On September 14, 2023 2Seventy Bio had Daily Balance Of Power of (0.70). Balance of Power indicator (or BOP) measures the strength of 2Seventy Bio market sensitivity to bulls and bears. It estimates the ability of 2Seventy Bio buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring 2Seventy Bio Balance of Power indicator one can determine a trend of the price direction.
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2Seventy Bio Trading Date Momentum

On September 15 2023 2Seventy Bio was traded for  4.05  at the closing time. The top price for the day was 4.17  and the lowest listed price was  3.61 . The trading volume for the day was 7 M. The trading history from September 15, 2023 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 11.88% . The daily price change against the current closing price is 3.04% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for 2Seventy Bio

For every potential investor in 2Seventy, whether a beginner or expert, 2Seventy Bio's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 2Seventy Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 2Seventy. Basic forecasting techniques help filter out the noise by identifying 2Seventy Bio's price trends.

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2Seventy Bio Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of 2Seventy Bio's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of 2Seventy Bio's current price.

2Seventy Bio Market Strength Events

Market strength indicators help investors to evaluate how 2Seventy Bio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 2Seventy Bio shares will generate the highest return on investment. By undertsting and applying 2Seventy Bio stock market strength indicators, traders can identify 2Seventy Bio entry and exit signals to maximize returns.

2Seventy Bio Risk Indicators

The analysis of 2Seventy Bio's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in 2Seventy Bio's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 2seventy stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Thematic Opportunities

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Additional Tools for 2Seventy Stock Analysis

When running 2Seventy Bio's price analysis, check to measure 2Seventy Bio's 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 2Seventy Bio is operating at the current time. Most of 2Seventy Bio's value examination focuses on studying past and present price action to predict the probability of 2Seventy Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 2Seventy Bio's price. Additionally, you may evaluate how the addition of 2Seventy Bio to your portfolios can decrease your overall portfolio volatility.