Twitter stock: buy or sell

TWTR stock price: $67.33 2.48% At close on Apr 21st, 2021

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

Twitter analysts' ratings - Last month
Brokerage firmRating
Mar 29th, 2021
Truist NeutralStrong buy
Truist Securities NeutralStrong buy
Mar 30th, 2021
Morgan Stanley
Mar 31st, 2021
Wolfe Research
Apr 14th, 2021
Wedbush Neutral
Apr 15th, 2021
Cowen
Apr 16th, 2021
Argus Strong buy
Apr 20th, 2021
Wedbush Neutral

Twitter stock analysis

SMAs overview

TWTR stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $71.86 (6.73% above)
  • R2: $73.22 (8.75% above)
  • R3: $80.75 (19.93% above)
  • The current supports are:

  • S1: $61.52 (-8.63% below)
  • S2: $59.28 (-11.96% below)
  • S3: $56.11 (-16.66% below)
  • Bollinger bands

    TWTR stock Bollinger Bands chart

    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%

    TWTR stock RSI chart

    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

    TWTR stock price history chart

    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).

    Twitter stock price predictions
    Brokerage firmPrice 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

    TWTR performance compared
    Company1m3m6m
    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 only

    Twitter summary

    Wednesday, April 21st, 2021
    Open$65.73
    Close$67.33
    Day range$64.7 - $67.36
    Previous close$65.7
    Session gain2.48%
    Average true range$3.46
    50d mov avg$68.47
    100d mov avg$59.61
    200d mov avg$50.45
    Earnings dateApril 29th, 2021

    Frequently asked questions

    What is Twitter stock symbol?

    Twitter, Inc. is a public company trading in the US stock market with the TWTR symbol

    Is Twitter stock a buy or sell?

    Twitter received 8 ratings in the last 30 days: 3 bullish, 0 bearish and 2 neutral.

    Will TWTR go up?

    Twitter had different price predictions published by market analysts in the last 4 weeks forecasting the target price to $73.71. That is a 9.48% than the last price ($67.33).