Twitter, Inc. (NYSE:TWTR) gaining attention from Active Investors

Twitter, Inc. (NYSE:TWTR) gaining attention from Active Investors

Twitter, Inc. (NYSE:TWTR) gaining attention from Active Investors

Twitter (TWTR) stock gained attention from Active Investors. Active investors purchase investments and continuously monitor their activity in order to exploit profitable conditions. Active investing is highly involved. Unlike passive investors, who invest in a stock when they believe in its potential for long-term appreciation, active investors will typically look at the price movements of their stocks many times a day. Typically, active investors are seeking short-term profits. Active investing is an investment strategy involving ongoing buying and selling actions by the investor typically for no more than one day.

Share of Twitter (TWTR) have caught the attention of the Wall Street community. The stock price is settled at $28.61 after trading hours. Taking a look at the daily price change trend and size of price movement it is recorded that TWTR spotted a positive behavior with drift of 2.22%.

Twitter (TWTR) stock has been separated -13.23% away from the 200-day MA. Tracking current stock price levels in relation to some other popular moving averages, we have noted that the stock is trading -8.06% away from the 50-day MA and 0.00% off of the 20-day MA. Checking on recent price levels compared to prior highs and lows, we have seen that Twitter (TWTR) recently traded -20.86% away from the 50-day high and moved 9.24% from the 50-day low. Taking a wider observation, the current separation from the one year high is -40.13%, and the distance from the one year low is presently 68.00%.

Overall, the bias in prices is: Downwards.

Note: this chart shows extraordinary price action to the downside.

The projected upper bound is: 32.25.

The projected lower bound is: 27.36.

The projected closing price is: 29.81.

Candlesticks

A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 7 white candles and 3 black candles for a net of 4 white candles. During the past 50 bars, there have been 28 white candles and 22 black candles for a net of 6 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 75.6705. This is not an overbought or oversold reading. The last signal was a buy 23 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 52.29. 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 20 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 155.This is an overbought reading. However, a signal isn’t generated until the indicator crosses below 100. The last signal was a buy 2 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 14 period(s) ago.

Rex Takasugi – TD Profile

TWITTER INC closed up 1.260 at 29.870. Volume was 23% below average (neutral) and Bollinger Bands were 68% narrower than normal.

Open High Low Close Volume___
29.140 29.890 28.850 29.870 3,845,265

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

Moving Averages: 10-period 50-period 200-period
Close: 28.36 30.99 33.02
Volatility: 70 51 68
Volume: 5,047,773 4,248,726 5,511,353

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 is currently 9.5% below its 200-period moving average and is in an downward trend. Volatility is extremely high when compared to the average volatility over the last 10 periods. There is a good possibility that volatility will decrease and prices will stabilize in the near term. 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 16 periods.

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