TWITTER INC. - 1H - Technical analysis published on 06/17/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
TWITTER INC. Chart
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 34.18 USD
My targets
35.46 USD (+2.43%)
36.42 USD (+5.20%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on TWITTER INC. as long as the price remains well above 34.18 USD. The buyers” bullish objective is set at 35.46 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 36.42 USD. If there is any crossing, the next objective would be the resistance located at 39.05 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.5
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay.
Additional analysis
Quotes
TWITTER INC. rating 34.62 USD. The price is lower by -0.03% since the last closing and was traded between 34.10 USD and 34.65 USD over the period. The price is currently at +1.52% from its lowest and -0.09% from its highest.34.10
34.65
34.62
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of TWITTER INC. in 1H shows an overall bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 31.38 | 32.47 | 34.18 | 34.62 | 35.46 | 36.42 | 39.05 |
| Change (%) | -9.36% | -6.21% | -1.27% | - | +2.43% | +5.20% | +12.80% |
| Change | -3.24 | -2.15 | -0.44 | - | +0.84 | +1.80 | +4.43 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32.82 | 33.52 | 34.07 | 34.77 | 35.32 | 36.02 | 36.57 |
| Camarilla | 34.29 | 34.40 | 34.52 | 34.63 | 34.75 | 34.86 | 34.97 |
| Woodie | 32.76 | 33.48 | 34.01 | 34.73 | 35.26 | 35.98 | 36.51 |
| Fibonacci | 33.52 | 33.99 | 34.29 | 34.77 | 35.24 | 35.54 | 36.02 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.13 | 29.80 | 31.60 | 34.27 | 36.07 | 38.74 | 40.54 |
| Camarilla | 32.17 | 32.58 | 32.99 | 33.40 | 33.81 | 34.22 | 34.63 |
| Woodie | 26.70 | 29.58 | 31.17 | 34.05 | 35.64 | 38.52 | 40.11 |
| Fibonacci | 29.80 | 31.51 | 32.56 | 34.27 | 35.98 | 37.03 | 38.74 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.15 | 23.64 | 27.30 | 30.79 | 34.45 | 37.94 | 41.60 |
| Camarilla | 29.00 | 29.66 | 30.32 | 30.97 | 31.63 | 32.28 | 32.94 |
| Woodie | 20.25 | 23.68 | 27.40 | 30.83 | 34.55 | 37.98 | 41.70 |
| Fibonacci | 23.64 | 26.37 | 28.06 | 30.79 | 33.52 | 35.21 | 37.94 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 52.02 | |
| MACD (12,26,9): | 0.1100 | |
| Directional Movement: | 1.89 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 34.30 | |
| Parabolic SAR (0,02-0,02-0,2): | 35.43 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 33.15 | |
| Zig ZAG (10): | 34.42 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 54.44 | |
| TEMA (21): | 34.56 | |
| Williams %R (14): | -47.79 | |
| Chande Momentum Oscillator (20): | 0.54 | |
| Repulse (5,40,3): | 0.8600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 6.43 |
| MA7: | 34.38 | |
| MA20: | 33.59 | |
| MA50: | 30.40 | |
| MA100: | 30.90 | |
| MAexp7: | 34.43 | |
| MAexp20: | 34.22 | |
| MAexp50: | 34.18 | |
| MAexp100: | 33.69 | |
| Price / MA7: | +0.70% | |
| Price / MA20: | +3.07% | |
| Price / MA50: | +13.88% | |
| Price / MA100: | +12.04% | |
| Price / MAexp7: | +0.55% | |
| Price / MAexp20: | +1.17% | |
| Price / MAexp50: | +1.29% | |
| Price / MAexp100: | +2.76% |
Quotes :
2020-06-17 15:38:11
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on TWITTER INC. at the time of the analysis were as follows:
-
A Wild Conspiracy Theory About Bill Gates Is Trending On Twitter
-
Twitter Removes China Accounts Spreading Disinformation
-
Sessions reacts to Barr's concerns over Durham probe, twitter spat with Ilhan Omar
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Twitter says Trump conspiracy theory tweet does not violate its rules | #TheCube
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Donald Trump conspiracy tweet: Twitter says no policy violation
This member declared not having a position on this financial instrument or a related financial instrument.
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