Large Inflow of Money Detected in Twitter

Twitter (TWTR) : Mondays money flow data in Twitter (TWTR) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $130.74 million, whereas, $111.94 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.17, in favor of the bulls. The total money flow into the stock was $18.8 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $14.77 million. The total value of block trades done on upticks was $31.67 million. The value of bearish trades on downticks was only $16.9 million.The up/down ratio in the block trades was a healthy 1.87 in favor of the bulls, suggesting strong buying in the stock by large traders. Twitter (TWTR) fell $0.24 and traded at $19.54, down -1.21% for the day, over previous days close. On a weekly basis, the shares are 7.01% over the previous weeks close.


Shares of Twitter, Inc. rose by 14.62% in the last five trading days and 15.38% for the last 4 weeks. Twitter, Inc. is up 45.98% in the last 3-month period. Year-to-Date the stock performance stands at -9.85%.

Twitter (NYSE:TWTR): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.85 and $19.83 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $21.10. The buying momentum continued till the end and the stock did not give up its gains. It closed at $20.86, notching a gain of 6.76% for the day. The total traded volume was 58,856,771 . The stock had closed at $19.54 on the previous day.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Chief Accounting Officer) of Twitter, Inc., Kaiden Robert had sold 13,231 shares worth of $236,438 in a transaction dated August 4, 2016. In this transaction, 13,231 shares were sold at $17.87 per share.

Twitter, Inc. (Twitter) is a global platform for public self-expression and conversation in real time. The Company offers products and services for users, advertisers, developers and platform and data partners. Products and services for users enables a way for people to create, distribute and discover content, which enables a user on Twitter to create a tweet and a user to follow other users. Products and services for advertisers consist of promoted products, which enable its advertisers to promote their brands, products and services, and extend the conversation around their advertising message. Products for platform partners and developers provide a set of tools, public application program interface (APIs) and embeddable widgets that developers use to contribute their content to its platform, syndicate and distribute its content across their properties. Products for data partners offer subscription access to its public data feed.

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