Twitter Technical Analysis (NYSE:TWTR)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the Twitter stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the TWTR stock chart which creates a trading signal.
See Twitter bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis uses an approach for Twitter stock analysis that does not care for the fair "value" of a company but uses price and volume data only.
Twitter Moving Average:
Moving averages help predict the price direction of TWTR stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A rise in trend over the long term indicates a long term uptrend. Similarly a falling TWTR moving average implies that Twitter stock price is falling.
Twitter Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like Twitter. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $14.66 is in the upper range of Twitter bollinger bands.
Twitter Moving Average Convergence Divergence or MACD:
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Twitter MACD indicator is above 0 indicating a bullish trend.
Twitter Relative Strength Index:
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . The relative strength index of TWTR stock is 48.8. .