Is Twitter Inc (TWTR) Stock About to Get Hot Friday?

Friday, September 24, 2021 01:35 PM | InvestorsObserver Analysts

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Is Twitter Inc (TWTR) Stock About to Get Hot Friday?

Twitter Inc (TWTR) stock is higher by 7.19% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

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

See Full TWTR Report

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With TWTR Stock Today?

Twitter Inc (TWTR) stock is trading at $66.96 as of 1:22 PM on Friday, Sep 24, a gain of $0.27, or 0.4% from the previous closing price of $66.69. Volume today is light. So far 5,396,184 shares have traded compared to average volume of 9,334,120 shares. The stock has traded between $65.46 and $67.19 so far today.

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.