Twitter (TWTR) Shares are Up 9.74%

Twitter (TWTR) has been under a strong bear grip, hence the stock is down -1.46% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 9.27% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 9.74% in the last 1 week, and is up 1% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Twitter (NYSE:TWTR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $18.19 and $18.14 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $18.58. The buying momentum continued till the end and the stock did not give up its gains. It closed at $18.26, notching a gain of 0.72% for the day. The total traded volume was 22,811,743 . The stock had closed at $18.13 on the previous day.

The stock has recorded a 20-day Moving Average of 2.99% and the 50-Day Moving Average is 10.27%. Twitter, Inc. is up 26.81% in the last 3-month period. Year-to-Date the stock performance stands at -21.09%.

Twitter (TWTR) : The highest short term price target forecast on Twitter (TWTR) is $27 and the lowest target price is $9. A total of 24 equity analysts are currently covering the company. The average price of all the analysts is $16.97 with a standard deviation of $4.32.


Twitter, Inc. (Twitter) is a global platform for public self-expression and conversation in real time. The Company offers products and services for users, advertisers, developers and platform and data partners. Products and services for users enables a way for people to create, distribute and discover content, which enables a user on Twitter to create a tweet and a user to follow other users. Products and services for advertisers consist of promoted products, which enable its advertisers to promote their brands, products and services, and extend the conversation around their advertising message. Products for platform partners and developers provide a set of tools, public application program interface (APIs) and embeddable widgets that developers use to contribute their content to its platform, syndicate and distribute its content across their properties. Products for data partners offer subscription access to its public data feed.

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