Twitter stock: buy or sell
Updated on:
Apr 22nd, 2021
1
Twitter stock brief
- Twitter stock grew 2.48% to close at $67.33 on the stock market on Wednesday, and broke a streak of 3 sessions in red.
- Wedbush posted a neutral rating for Twitter on Tuesday, with a target of $75.00
- Twitter, Inc. operates as a platform for public self-expression and conversation in real time United States, Japan, and internationally.
Should I buy Twitter stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $TWTR stock a buy?
In the current situation of Twitter there is not any eligible buy setup. This doesn't mean $TWTR will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Twitter stock?
"To sell or not to sell", if you are holding Twitter shares?. As when we have to buy shares, determining when is appropiate to sell is not a haphazard decision, and we must follow our own trading style. We like very simple setups to guide us on when is a good moment to sell a stock. Be aware that these setups are not intended for selling short $TWTR stock
A guiding principle is that you must never mantain an open trade that shows a higher than expected losses upon the buy. The moment to sell your stock should always be dictated by the stop-loss (automatic or manual)
Is it time to sell Twitter stock?
In the current situation of Twitter there is not any eligible sell setup, so Twitter stock holders with operations in profit can keep their positions
Twitter ratings
In the last 30 days, 8 analyst ratings were published for Twitter
| Brokerage firm | Rating |
|---|---|
| Mar 29th, 2021 | |
| Truist | Neutral → |
| Truist Securities | Neutral → |
| Mar 30th, 2021 | |
| Morgan Stanley | |
| Mar 31st, 2021 | |
| Wolfe Research | |
| Apr 14th, 2021 | |
| Wedbush | Neutral |
| Apr 15th, 2021 | |
| Cowen | |
| Apr 16th, 2021 | |
| Argus | |
| Apr 20th, 2021 | |
| Wedbush | Neutral |
Twitter stock analysis
SMAs overview
Supports and resistances
The current resistance levels are:
The current supports are:
Bollinger bands
Relative strength index
The RSI dropped below the overbought level of 70 in early March after just crossing to the overbough zone for a single day (weak signal). The RSI reading on Wednesday was 49.49. Since that level was lost, Twitter price dropped a 13.27%
Twitter stock price history
Twitter started trading priced at an adjusted price1 of $45.10 on Nov 2013. Since then, TWTR stock has risen by 49.29%, with an average of 7.04% per year. If you had invested thousand dollars in Twitter stock at that time, it would worth $1,492.90 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Twitter stock
How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations post their analysis forecasting how a particular stock will performance in the future.
Along with buy or sell recommendations, brokerage institutions release their price estimates based on the stock price action and the company fundamental data. Most of these predictions follow the publication of new financial information by the company, and many times. If you are a small trader you shouldn't invest based on these projections.
The average price target for Twitter stock calculated from the table below is $73.71. That is a 9.48% than the last price ($67.33).
| Brokerage firm | Price target |
|---|---|
| Mar 29th, 2021 | |
| Truist | $64.00 → $74.00 |
| Truist Securities | $64.00 → $74.00 |
| Mar 30th, 2021 | |
| Morgan Stanley | $75.00 → $68.00 |
| Mar 31st, 2021 | |
| Wolfe Research | Not available |
| Apr 14th, 2021 | |
| Wedbush | $56.50 → $75.00 |
| Apr 15th, 2021 | |
| Cowen | $58.00 → $68.00 |
| Apr 16th, 2021 | |
| Argus | $72.00 → $82.00 |
| Apr 20th, 2021 | |
| Wedbush | $56.50 → $75.00 |
Earnings and financials
Earnings event was hosted by Twitter ($TWTR) last February after presenting the earnings report. Twitter presented earnings of $0.38 per share on revenue of $1.3 billion. The Wall St estimate was $0.31 per share on revenue of $1.2 billion.
Compared to the same quarter one year ago, EPS was $0.25, so current EPS is a gain of 52.00%. Looking at revenue, figures exploded a 27.96% compared to $10.1B same quarter 12 months ago.Twitter ($TWTR) is presenting quarterly earnings report on Thursday next week. Market analysts analysts forecast of $0.14, that is a 63.16% less than Q4.
Twitter performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Twitter ($TWTR) | 3.30% | 41.10% | 47.80% |
Important:
The comments given in this article are personal and should not be followed as recommendations for you to buy or sell shares. The author of this article does not have an understanding of the individual scenarios of the reader, his or her own financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are expressed for informational motives onlyTwitter summary
| Wednesday, April 21st, 2021 | |
|---|---|
| Open | $65.73 |
| Close | $67.33 |
| Day range | $64.7 - $67.36 |
| Previous close | $65.7 |
| Session gain | 2.48% |
| Average true range | $3.46 |
| 50d mov avg | $68.47 |
| 100d mov avg | $59.61 |
| 200d mov avg | $50.45 |
| Earnings date | April 29th, 2021 |