The Greedy Trader Weekly Analysis
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- 5/6/2022 -
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Twitter (TWTR)

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Summary:
Weekly :Williams' Percentage Range is overboughtOversold sectorPrice is near the trend low.
Daily :Broken trend resistance line
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It was a third consecutive positive week for the Twitter (TWTR). During the week, the TWTR gained 0.78 points, or 1.59%, and closed at 49.80 on Friday, May 6, 2022. Weekly volume was -51% below average.

TWTR is a member of Communication Services Sector. Communication Services is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See TWTR long-term trend chart]
A long-term uptrend had started on May 13, 2021 at 49.12 and reached 73.34 on July 23, 2021. TWTR gained -24.22 points, or -49.31%, in 10 weeks. Price is near the lowest trend level.

Medium-term trend: [See TWTR medium-term trend chart]
A medium-term uptrend had started on February 24, 2022 at 31.30 and reached 54.57 on April 5, 2022. TWTR gained -23.27 points, or -74.35%, in 5 weeks. The price is now at the 20.50% retracement level.

Weekly Technical Indicators: [See TWTR weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since March 18, 2022. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See TWTR short-term trend chart]
A short-term downtrend had started on April 25, 2022 at 52.29 and reached 47.82 on April 27, 2022. TWTR lost 4.47 points, or 8.55%, in 2 days. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (48.55) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.

Daily Technical Indicators: [See TWTR daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since April 26, 2022. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 54.86
Williams' Percentage Range (W%R) 29.40
Lane's Stochastic (%D-Slow) 53.52
Greed/Fear Indicator (GFI) 59.67
Moving Average Converg./Diverg. (MACD) 2.27
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 77.26
Williams' Percentage Range (W%R) 19.80
Overbought
Lane's Stochastic (%D-Slow) 74.14
Greed/Fear Indicator (GFI) 71.03
Moving Average Converg./Diverg. (MACD) -3.67
Trading Signals
Description Value Chart
Upper Bollinger Band 51.34
Price 49.80
Daily Stochastic Crossing 49.61
Parabolic System 48.91
Weekly Trendline Support 48.55
Weekly Stochastic Crossing 48.36
20 Day Moving Average 48.07
Weekly Trendline Resistance 47.70
Lower Bollinger Band 43.98
50 Day Moving Average 42.02
Sector and Industry
Description Name Rank
Sector Communication Services 2
Industry Interactive Media & Services 53
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 48.34
Low Date 05/04/2022
High 51.21
High Date 05/05/2022
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 47.70
Support 48.55
High 52.29
High Date 04/25/2022
Low 47.82
Low Date 04/27/2022
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 31.30
Low Date 02/24/2022
High 54.57
High Date 04/05/2022
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 73.34
High Date 07/23/2021
Low 31.30
Low Date 02/24/2022
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 49.12
Low Date 05/13/2021
High 73.34
High Date 07/23/2021
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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