The market has been down on Twilio Inc (TWLO) stock recently. TWLO gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.
Twilio Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on TWLO!
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
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 TWLO Stock Today?
Twilio Inc (TWLO) stock is trading at $69.28 as of 10:52 AM on Monday, Oct 3, a gain of $0.18, or 0.26% from the previous closing price of $69.10. The stock has traded between $67.79 and $71.17 so far today. Volume today is low. So far 989,837 shares have traded compared to average volume of 4,029,215 shares.
To see InvestorsObserver's Sentiment Score for Twilio Inc click here.
More About Twilio Inc
Twilio Inc. is a cloud-based communication platform-as-a-service company offering communication building blocks that allow for a fully customized customer engagement experience spanning voice, video, chat, and SMS messaging. It does this through various application programming interfaces, or APIs, and prebuilt solution applications aimed at improving customer engagement. The company leverages its Super Network, a global network of carrier relationships, to facilitate high-speed, cost-effective communication.
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