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Twitter Inc Crosses Above its 10-day MA (TWTR)

By Shiri Gupta

Today, shares of Twitter Inc (NYSE:TWTR) have crossed bullishly above their 10-day moving average of $40.14 on a volume of 1.1 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Twitter Inc share prices have moved between a 52-week high of $45.85 and a 52-week low of $26.19 and are now trading 54% above that low price at $40.31 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has risen 0.6%.

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