Twitter, Inc. (NYSE:TWTR) have increased by more than 32.90% this year alone
Twitter, Inc. (TWTR)augmented 2.85% to strike $32.82 in the Thursday trading session. The stock’s quarterly performance specifies a shift of 4.45% and its performance is stands at 96.85% for last twelve month while moved 23.63% for the past six months. 26.75 million shares changed at hands on last trading day versus to an average trading volume of 30.71 million shares in last 3 months.
TWTR currently trades at a forward P/E of 38.77, a P/B of 4.58, and a P/S of 12.16 while WPX trades at a forward P/E of 23.90, a P/B of 1.93, and a P/S of 6.07.
Overall, the bias in prices is: Downwards.
Note: this chart shows extraordinary price action to the downside.
The projected upper bound is: 37.97.
The projected lower bound is: 27.67.
The projected closing price is: 32.82.
A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 3 white candles and 7 black candles for a net of 4 black candles. During the past 50 bars, there have been 29 white candles and 21 black candles for a net of 8 white candles.
An engulfing bullish line occurred (where a white candle’s real body completely contains the previous black candle’s real body). The engulfing bullish pattern is bullish during a downtrend (which appears to be the case with TWITTER INC). It then signifies that the momentum may be shifting from the bears to the bulls.
If the engulfing bullish pattern occurs during an uptrend, it may be a last engulfing top which indicates a top. The test to see if this is the case is if the next candle closes below the top of the current (white) candle’s real body.
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.
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 10.5776. This is an oversold reading. However, a signal is not generated until the Oscillator crosses above 20 The last signal was a sell 31 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 30.08. This is not a topping or bottoming area. However, the RSI just crossed above 30 from a bottoming formation. This is a bullish sign. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 0 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 -98. This is not a topping or bottoming area. The last signal was a buy 0 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 sell 27 period(s) ago.
Rex Takasugi – TD Profile
TWITTER INC closed up 0.910 at 32.820. Volume was 24% below average (neutral) and Bollinger Bands were 142% wider than normal.
Open High Low Close Volume___
31.520 32.870 31.350 32.820 4,577,686
Short Term: Oversold
Intermediate Term: Bearish
Long Term: Bullish
Moving Averages: 10-period 50-period 200-period
Close: 37.82 41.32 30.44
Volatility: 144 83 71
Volume: 6,711,342 7,059,366 5,528,127
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 7.8% above 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 moderate flows of volume out of TWTR.N (mildly bearish). Our trend forecasting oscillators are currently bearish on TWTR.N and have had this outlook for the last 13 periods.
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