Rick Pendergraft's Avatar
Rick Pendergraft
published in Blogs
Oct 04, 2019
Twitter hits lower rail of upwardly sloped channel and gets bullish signal from Tickeron

Twitter hits lower rail of upwardly sloped channel and gets bullish signal from Tickeron

Social media giant Twitter (NYSE: TWTR) has been trending higher since December with the stock gaining over 40% from its low to its high. If we connect the lows from December, March, and June, we get a nice upwardly sloped trend line and the stock just hit that line on October 3. We can also connect the highs from the April/May timeframe with the high from September to create a trend channel.

The daily stochastic readings are in oversold territory and the indicators just made a bullish crossover on October 3. Similar crossovers in the last ten months have been pretty good indicators for a move to the upside.

In addition to the stochastic crossover, the stock broke below its lower Bollinger band on October 1. According to the Tickeron technical analysis overview, in 26 of 39 cases where Twitter's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued uptrend are 67%.

The Tickeron Trend Prediction Engine generated a bullish signal for Twitter on October 2 and the signal showed a confidence level of 87%. The signal calls for a gain of at least 4% within the next month. Previous signals for Twitter have been successful 64% of the time.

The Tickeron Price Growth Rating for Twitter is 5 and that indicates outstanding price growth. Twitter’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents. A rating of 1 points to highest price growth (largest percent return) while a rating of 100 points to lowest price growth (smallest percent return).

Looking at the fundamentals for Twitter, the company has seen great earnings growth over the last few years. The EPS have grown by 63% per year over the last three years and they were up an incredible 829% in the most recent quarterly report. Analysts expect earnings to grow by 187% for 2019 as a whole. With all of these stats taken in to account, Twitter gets a 99 on Investor’s Business Daily’s EPS rating system. That is the highest score a stock can get.

Sales have grown at a rate of 10% per year over the last three years and they grew by 18% in the second quarter. The company sports a return on equity of 11.2% and a profit margin of 28.7%. If you add all of these stats together, you get the SMR rating from Tickeron.

The Tickeron SMR rating for Twitter is 17, indicating very strong sales and a profitable business model. The SMR rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents.

Despite Twitter’s fundamental and technical success, analysts are rather bearish on the stock. There are 43 analysts covering the stock at this time with 14 “buy” ratings, 24 “hold” ratings, and five “sell” ratings. This puts the buy percentage at a paltry 32.6%. That is well below the average buy percentage.

The short interest ratio for the stock is currently at 2.0 and that is a little lower than the average stock.

Twitter hasn’t set its official earnings release date for third quarter results, but it should be around October 24 based on previous earnings dates. Investors will want to keep an eye on those results.

Related Tickers: TWTR
Related Portfolios: TECHNOLOGY ETFs
Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Mar 07, 2021
4 Tricks Hedge Funds Use to Get Ahead

4 Tricks Hedge Funds Use to Get Ahead

If the stock market were Major League Baseball, hedge funds and institutional investors would be the pros on championship teams while everyday self-directed investors (SDIs) are the benchwarmers in the minors.It’s how they get ahead, and it’s why 90% of SDIs lose money trying to play (invest and trade) in the major leagues. The 4 tricks we discuss below are rooted in one common theme: they all use Artificial Intelligence and algorithms to generate data and ideas.
John Jacques's Avatar
John Jacques
published in Blogs
Mar 22, 2018
A.I. Stock Market Predictions: Head & Shoulders

A.I. Stock Market Predictions: Head & Shoulders

Statistics for the Head-and-Shoulders Bottom Pattern The days where only hedge funds used algorithms to trade stocks are officially over. Now retail investors can use Artificial Intelligence (A.I.  Here’s an example of the algorithm in action: Late last year, Tickeron’s A.I.
Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Jul 10, 2020
3 Stocks to Buy if Coronavirus Second Wave Hits

3 Stocks to Buy if Coronavirus Second Wave Hits

By analyzing market trends from the first wave, you can predict behavior for the second. Technology stocks have performed at historic levels this year, but the market is severely overbought.To compensate for that, look at performance during Q1 and Q2, the height of global Covid shutdowns.
Edward Flores's Avatar
Edward Flores
published in Blogs
Feb 06, 2021
How to Become the Millionaire Next Door

How to Become the Millionaire Next Door

The Golden Gate Bridge is always a fixture of these walks too, one of man's most beautiful creations.  As we were walking, at one point she turned to me and said, "Man, I'll never have a million dollars."" My girlfriend is 27 years old and works as a graphic designer, making about $75,000 a year.
Alla Petriaieva's Avatar
Alla Petriaieva
published in Blogs
Feb 23, 2021
Is Ethereum’s Bomb about to Explode?

Is Ethereum’s Bomb about to Explode?

Ethereum’s software is set for an update in October.Until it is finished, participants in the Ethereum blockchain must determine how to delay the difficulty bomb – code that necessitates a steadily increasing amount of computer power to mine blocks and unlock rewards – that is already in place.
Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Aug 07, 2018
When Is the Next Recession Coming?

When Is the Next Recession Coming?

However, we also know that economists predicted 22 recessions out of 11 that took place since 1945. Are there real recession signs we should watch for?Indeed, the answer is yes, and here are a few very important ones: The first one is almost obvious and known to everyone – it is the Fed.
Abhoy Sarkar's Avatar
Abhoy Sarkar
published in Blogs
May 22, 2020
Central banks have been buying $2.4 billion in assets every hour for the past two months

Central banks have been buying $2.4 billion in assets every hour for the past two months

Some $17.8 billion has been poured into  bond markets over the past week, the biggest move in more than three months.Around $3.5 billion has been invested into gold, the second largest on record. 
Rick Pendergraft's Avatar
Rick Pendergraft
published in Blogs
Feb 07, 2021
Mid-January Short Interest Report Shows 8 Stocks with Good Fundamentals and High Short Interest
Sergey Savastiouk's Avatar
Sergey Savastiouk
published in Blogs
Mar 10, 2021
How to Start Trading Penny Stocks

How to Start Trading Penny Stocks

Penny stocks have long been marginalized within the professional investment community, oftentimes being painted with a broad brush of simply being “too risky.” Leonardo DiCaprio’s depiction of the penny stock peddling conman, Jordan Belfort, in the Wolf of Wall Street certainly didn’t help.Here are four reasons to start trading them now. Reason #1: Let’s State the Obvious -- Penny Stocks are Cheap A single share of Apple Inc. costs over $350.
Abhoy Sarkar's Avatar
Abhoy Sarkar
published in Blogs
May 08, 2020
US unemployment rate jumps to 14.7%, the highest in series history

US unemployment rate jumps to 14.7%, the highest in series history

The U.S. economy’s employment fell by -20.5 million in April. The coronavirus crisis led to unemployment rate soaring to 14.7% in the U.S, the highest rate in the Bureau of Labor Statistics-tracked series history that goes back to 1948. However, the figures were better compared to several economists'/analysts' forecasts of 22 million job losses and 16% unemployment rate.  Another unemployment measure that includes those who have stopped looking for work as well as those holding part-time jobs for economic reasons also touched an all-time high of 22.8%.