Twitter Inc (NYSE:TWTR) Trading Outlook

Twitter Inc (NYSE:TWTR) Trading Outlook

Twitter Inc (NYSE:TWTR) Trading Outlook

TWITTER INC closed down -0.545 at 13.865. Volume was 32% below average (neutral) and Bollinger Bands were 77% narrower than normal.

Open High Low Close Volume___
14.180 14.220 13.730 13.865 2,856,549

Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bearish

Moving Averages: 10-period 50-period 200-period
Close: 14.24 15.83 21.89
Volatility: 34 68 67
Volume: 3,437,225 4,147,076 3,796,300

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

TWITTER INC gapped down today (bearish) on normal volume. Possibility of a Runaway Gap which usually signifies a continuation of the trend. Four types of price gaps exist – Common, Breakaway, Runaway, and Exhaustion. Gaps acts as support/resistance.

TWITTER INC is currently 36.7% below its 200-period moving average and is in an downward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of TWTR.N at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on TWTR.N and have had this outlook for the last 18 periods. The security price has set a new 14-period low while our momentum oscillator has not. This is a bullish divergence.

HEFFX Momentum

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 43.9394. This is not an overbought or oversold reading. The last signal was a buy 5 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 36.81. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 72 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -193.This is an oversold reading. However, a signal isn’t generated until the indicator crosses above -100. The last signal was a buy 14 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 6 period(s) ago.

Twitter, Inc. (Twitter), incorporated on April 19, 2007, offers products and services for users, advertisers, developers and platform and data partners. The Company’s service is live-live commentary, live connections, live conversations.

Products and Services for Users

The Company’s Products and Services for Users include Twitter, and Periscope and Vine. Its Twitter is a platform for public self-expression and conversation in real time. By developing a way for people to consume, create, distribute and discover content, Twitter helps users in content creation and distribution. The public nature of the Twitter platform allows it and others to extend the reach of Twitter content beyond its properties. Media outlets and its platform partners distribute Tweets beyond its properties. Its mobile application, Periscope, lets users to broadcast and watch video live with others. It allows to broadcast from a GoPro camera, and to watch any broadcast live from a Tweet. Pairing Periscope with Twitter gives broadcasters greater distribution and the ability to integrate into its revenue products. Vine is a mobile application that enables users to create and distribute short looping videos of approximately six seconds in length.

Products and Services for Advertisers

The Company’s promoted products enable its advertisers to promote their brands, products and services, and extend the conversation around their advertising campaigns. It enables advertisers to target an audience based on various factors, including a user’s Interest Graph. The Interest Graph maps, among other things, interests based on users followed and actions taken on its platform, such as Tweets created and engagement with Tweets. Its Promoted Products are incorporated into its platform as native advertising and are designed to be useful to its users as organic content on its platform. Its promoted products consist of promoted tweets, promoted accounts and promoted trends. Promoted tweets appear within a user’s timeline or search results. It has added product features to Promoted Tweets campaigns based on advertiser objectives, which may include Tweet engagements (such as retweets, replies and likes), application installs or engagements, Website clicks or conversions, or video views. Promoted accounts appear in the same format and place as accounts suggested by its Who to Follow recommendation engine, or in Tweets in a user’s timeline. Promoted accounts provide a way for its advertisers to build a community of users interested in their business, products or services. Promoted trends appear at the top of the list of trending topics for a day in a particular country or on a global basis. When a user clicks on a Promoted Trend, search results for that trend are shown in a timeline and a Promoted Tweet created by its advertisers is displayed to the user at the top of those search results. It features one promoted trend per day per geography.

Its technology platform and information database enables it to provide targeting services based on audience attributes, such as geography, interests, keyword, television conversation and devices for advertisers to promote their brands, products and services. Its platform also allows customers to advertise across the mobile ecosystem, both on Twitter’s owned and operated properties as well as off Twitter on third party publishers’ Websites, applications and other offerings, across the full user lifecycle-from acquiring new users to engaging existing users. It enables advertisers to extend their reach beyond Twitter through MoPub, which is its mobile-focused advertising exchange that combines advertisement serving, advertisement network mediation and a real-time bidding exchange into one monetization platform; Twitter Audience Platform, an advertising offering that enables advertisers to extend their advertising campaigns with Twitter Promoted Products to audiences off Twitter while retaining access to Twitter’s measurement, targeting and creative tools, and Performance marketing offering built upon TellApart technology, which provides retailers and e-commerce advertisers retargeting capabilities across desktop and mobile Web.

Products for Developers

The Company provides a set of tools, public application program interfaces (APIs) and embeddable widgets that developers use to contribute their content to its platform, syndicate and distribute its content across their properties. Its Fabric platform offers modular software development kits that help developers build applications, gives them mobile analytics, the ability to generate revenue through Twitter’s mobile-focused advertising exchange, MoPub, and allows them to tap into Twitter’s sign-in systems for identity verification. Fabric also provides a way for developers to incorporate real-time Twitter content for syndication.

Products for Data Partners

It offers subscription access to its public data feed for partners wishing to access data beyond its public API, which offers a limited amount of its public data. Its Gnip branded products and services offer data sets to allow developers and businesses to utilize its public content.

The Company competes with Facebook, Google, LinkedIn, Microsoft, Yahoo, Kakao and AOL.

The following two tabs change content below.
Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

Latest posts by Shayne Heffernan (see all)

You must be logged in to post comments :  
CONNECT WITH