Twitter, Inc. (NYSE:TWTR) about to make significant changes to its platform

Twitter, Inc. (NYSE:TWTR) about to make significant changes to its platform

Twitter, Inc. (NYSE:TWTR) about to make significant changes to its platform

TWTR is about to make significant changes to its platform. However, before rolling out the changes across its wide user base, the company will test the same on its newly-launched prototype application, “twttr”, available to select users. 

Notably, the beta app is aimed at receiving user feedback. The selected users will only include English and Japanese speakers using an iOS device.

To be part of the testing app, users have to open a link provided by the company on their recent tweet. They will then be redirected to a new page for a survey. The survey tests the user’s eligibility to be part of the beta app. On clearing the eligibility criteria, the user can download the twttr app and test the features. 

Unlike other beta programs, where testers are under a non-disclosure agreement (NDA), Twitter’s testers have the liberty to discuss what they’re seeing on the beta app on Twitter itself, using the hashtag #LetsHaveAConvo.

Twitter’s new update is aimed at improving the design of a conversation and make the application more interactive.

The company is rolling out color-coded replies, which help to differentiate between replies from the user who posts the tweet and other Twitter users and makes its convenient for others. 

Further, the replies to a tweet will be in the shape of a bubble and will be indented. Notably, the colored bubbles will indicate the source of each reply – blue for the user who writes the original post, green for the users the account follows and white for others. 

Twitter is also hiding options like retweet, favorites and share to improve the clarity of the conversation and make it easier for people to read longer threads. 

Overall, the bias in prices is: Downwards.

By the way, prices are vulnerable to a correction towards 31.68.

The projected upper bound is: 33.91.

The projected lower bound is: 28.80.

The projected closing price is: 31.36.


A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 4 white candles and 6 black candles for a net of 2 black candles. During the past 50 bars, there have been 28 white candles and 21 black candles for a net of 7 white candles.

Momentum Indicators

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 85.2843. This is an overbought reading. However, a signal is not generated until the Oscillator crosses below 80 The last signal was a buy 19 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 51.22. 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 52 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 62. This is not a topping or bottoming area. The last signal was a buy 2 period(s) ago.


The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 1 period(s) ago.

Rex Takasugi – TD Profile

TWITTER INC closed up 0.140 at 31.300. Volume was 38% below average (neutral) and Bollinger Bands were 71% narrower than normal.

Open High Low Close Volume___
31.310 31.480 31.050 31.300 2,437,455

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

Moving Averages: 10-period 50-period 200-period
Close: 30.72 31.51 33.98
Volatility: 26 51 68
Volume: 2,689,704 3,453,224 4,929,156

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.


TWITTER INC is currently 7.9% below its 200-period moving average and is in an downward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future. 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 15 periods.

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