What is the Market's View on Twitter Inc (TWTR) Stock's Price and Volume Trends Thursday?

Thursday, July 22, 2021 01:21 PM | InvestorsObserver Analysts

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What is the Market's View on Twitter Inc (TWTR) Stock's Price and Volume Trends Thursday?

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?

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. 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 $69.56 as of 1:17 PM on Thursday, Jul 22, a rise of $0.06, or 0.09% from the previous closing price of $69.50. Volume today is less active than usual. So far 8,038,307 shares have traded compared to average volume of 12,466,356 shares. The stock has traded between $68.51 and $70.13 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.