Twitter Inc (NYSE:TWTR) HEFFX Highlights

Twitter Inc (NYSE:TWTR) HEFFX Highlights

Twitter Inc (NYSE:TWTR) HEFFX Highlights

  • Twitter confirmed it’s planning to launch a bookmarking feature to save tweets for later reading. The addition will help users keep a separate list of items they want to refer back to, instead of using the heart (aka “favorite”) button, which can indicate more of a “like” – similar to the “thumbs up” button on Facebook.
  • The feature’s impending launch was first unveiled on Twitter itself, naturally, when head of product Keith Coleman announced that a new way to save tweets was in the works, as a result of a company HackWeek project dubbed #SaveForLater..

Twitter, Inc. offers products and services for users, advertisers, developers and data partners. The Company’s products and services include Twitter, Periscope, Promoted Tweets, Promoted Accounts and Promoted Trends. Its Twitter is a platform for public self-expression and conversation in real time. Periscope broadcasts can also be viewed through Twitter and on desktop or mobile Web browser. Its Promoted Products enable its advertisers to promote their brands, products and services, amplify their visibility and reach, and extend the conversation around their advertising campaigns. Promoted Accounts appear in the same format and place as accounts suggested by its Who to Follow recommendation engine, or in some cases, in Tweets in a user’s timeline. Promoted Trends appear at the top of the list of trending topics for an entire day in a particular country or on a global basis. Its MoPub is a mobile-focused advertising exchange. Twitter Audience Platform is an advertising offering.

Overall, the bias in prices is: Upwards.

Short term: Prices are stalling.

Intermediate term: Prices are ranging.

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

The projected upper bound is: 18.51.

The projected lower bound is: 16.87.

The projected closing price is: 17.69.

TWITTER INC closed down -0.180 at 17.670. Volume was 41% below average (neutral) and Bollinger Bands were 36% narrower than normal.

Open         High         Low          Close        Volume
17.820      18.050     17.650      17.670      8,814,354

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

Moving Averages: 10-period          50-period      200-period
Close:                       17.35                  16.92               16.92
Volatility:                35                       31                     44
Volume:                   12,376,690      11,984,759      16,904,798

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 4.4% above its 200-period moving average and is in an upward trend. Volatility is Our volume indicators reflect volume flowing into and out of TWTR.K at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on TWTR.K and have had this outlook for the last 2 periods.

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 73.9336. This is not an overbought or oversold reading. The last signal was a sell 0 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 54.13. 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 40 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 73. This is not a topping or bottoming area. The last signal was a sell 1 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 2 period(s) ago.

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John Heffernan

John Heffernan is a Junior Analyst at HEFFX. John is studying Economics and is a contributor on equities at Live Trading News.

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