Twitter, Inc. (NYSE:TWTR) Keeping an Eye on Twitter

Twitter, Inc. (NYSE:TWTR) Keeping an Eye on Twitter

Twitter, Inc. (NYSE:TWTR) Keeping an Eye on Twitter

Twitter, Inc. (TWTR) deteriorated -2.44% to strike $32.38 in the Wednesday trading session. The stock’s quarterly performance specifies a shift of -1.19% and its performance is stands at 103.01% for last twelve month while moved -4.06% for the past six months. 26.43 million shares changed at hands on last trading day versus to an average trading volume of 31.77 million shares in last 3 months.

The relative volume of the stock is 0.83. Relative volume is an indicator that tells traders and investors how recent volume is compared to past trading volumes over a given period. This is something that investor look for in all the stocks in which investor is trading and this is an important indicator to keep tabs on.

Overall, the bias in prices is: Downwards.

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

By the way, prices are vulnerable to a correction towards 36.68.

The projected upper bound is: 37.72.

The projected lower bound is: 27.65.

The projected closing price is: 32.68.

Candlesticks

A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 5 white candles and 5 black candles. During the past 50 bars, there have been 24 white candles and 26 black candles for a net of 2 black 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 61.8605. This is not an overbought or oversold reading. The last signal was a buy 8 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 36.90. 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 8 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 84. This is not a topping or bottoming area. The last signal was a buy 10 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.

Rex Takasugi – TD Profile

TWITTER INC closed up 0.450 at 32.830. Volume was 47% below average (neutral) and Bollinger Bands were 97% wider than normal.

Open High Low Close Volume___
32.610 33.150 32.420 32.830 3,146,737

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

Moving Averages: 10-period 50-period 200-period
Close: 32.46 40.65 31.13
Volatility: 38 81 67
Volume: 4,065,156 5,639,596 5,433,406

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 5.5% above 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 23 periods. Our momentum oscillator has set a new 14-period high while the security price has not. This is a bullish divergence.

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