Do Traders Think Twitter Inc (TWTR) Can Turn Around Wednesday?

Wednesday, August 17, 2022 01:16 PM | InvestorsObserver Analysts

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Do Traders Think Twitter Inc (TWTR) Can Turn Around Wednesday?

Overall market sentiment has been neutral on Twitter Inc (TWTR) stock lately. TWTR receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

Twitter Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on TWTR!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With TWTR Stock Today?

Twitter Inc (TWTR) stock is trading at $44.33 as of 1:15 PM on Wednesday, Aug 17, a drop of -$0.09, or -0.21% from the previous closing price of $44.42. The stock has traded between $43.85 and $44.36 so far today. Volume today is less active than usual. So far 3,448,302 shares have traded compared to average volume of 16,744,555 shares. To see InvestorsObserver's Sentiment Score for Twitter Inc click here.

More About Twitter Inc

Twitter is an open distribution platform for and a conversational platform around short-form text (a maximum of 280 characters), image, and video content. Its users can create different social networks based on their interests, thereby creating an interest graph. Many prominent celebrities and public figures have Twitter accounts. Twitter generates revenue from advertising (90%) and licensing the user data that it compiles (10%). Click Here to get the full Stock Report for Twitter Inc stock.