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Twitter Inc Bearish Moving Average Crossover Alert (TWTR)

By James Quinn

Today, shares of Twitter Inc (NYSE:TWTR) have fallen below their 10-day MA of $37.62 on a volume of 1.9 million shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Twitter Inc has traded in a range of $26.19 to $45.26 and is now at $37.46, 43% above that low. The 200-day and 50-day moving averages have moved 0.54% higher and 0.41% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Twitter Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Twitter Inc in search of a potential trend change.

Keywords: moving crosses twitter inc

Ticker(s): TWTR