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

Wednesday, October 20, 2021 11:55 AM | InvestorsObserver Analysts

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

Overall market sentiment has been high on Twitter Inc (TWTR) stock lately. TWTR receives a Bullish rating from InvestorsObserver Stock 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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With TWTR Stock Today?

Twitter Inc (TWTR) stock is trading at $67.07 as of 11:49 AM on Wednesday, Oct 20, a rise of $0.96, or 1.45% from the previous closing price of $66.11. The stock has traded between $65.68 and $68.41 so far today. Volume today is below average. So far 7,313,157 shares have traded compared to average volume of 10,767,030 shares.

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.