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Twitter Inc Bullish Moving Average Crossover Alert (TWTR)

By Nick Russo

Today, shares of Twitter Inc (NYSE:TWTR) have crossed bullishly above their 10-day moving average of $37.74 on a volume of 1.9 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Twitter Inc share prices have been bracketed by a low of $26.19 and a high of $47.79 and are now at $38.25, 46% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.2%.

SmarTrend is tracking the current trend status for Twitter Inc and will alert subscribers who have TWTR in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses twitter inc

Ticker(s): TWTR