- Twilio (TWLO) stock price is below the 50, and 100-day EMA levels.
- Twilio (TWLO) stock price is trading at $58.40.
- NYSE: TWLO’s live market cap is $10.7 Billion.
The share price of Twilio (NYSE: TWLO) is now trading in a downtrend direction. In the weekly time frame, the cost of the TWLO stock is reaching higher highs.
The revenue of Twilio’s (TWLO) stock is $3.96 Billion and the market cap is $10.7 Billion. The stock’s beta value is 1.37 and EPS is -$7 per share. TWLO has a 52-week high of $90 and a low of $41.11.
Twilio stock has seen a decrease in revenue from $1.2 Billion to $1 Billion. TWLO’s quarterly revenue declined by an average of 1.8%.
Twilio’s (TWLO) stock price reached a high of $457 in February 2021. Since then, the price has been in a downtrend. In the last 620 trading days, the stock price decreased by nearly 90%.
However, the $42 level provided support for the TWLO stock. Currently, the stock is moving in between the range of $77.77-$42.4 level. The price is likely to decline in the upcoming days as the overall trend appears to be in a negative direction.
In a year, the value of the Twilio stock has decreased by around 33.26%. This brings a negative impact on the stock.
Twilio (TWLO) Stock Price Analysis
EMA
Twilio’s (NYSE: TWLO) shares’ price is below both the 50-day and 100-day exponential moving averages. This implies that the stock is now in a bearish trend and that a price decline is most likely.
MACD
There is a red histogram formation and the MACD line for the TWLO stock is below the signal line. This suggests that the stock is weak and that prices may decrease in the future days.
RSI
Both the 14-day simple moving average (SMA) line and the relative strength index (RSI) line are close to 30 levels. As a result, the negative RSI line indicates that the price will rise in the future.
Conclusion
According to the analysis, the price of Twilio stock (TWLO) is decreasing and this trend is likely to continue in the upcoming days. The price is making fresh lows and trading in a range. Also, the indicators are pointing towards a bearish. As a result, it is anticipated that the stock price would decrease during the upcoming days.
Technical Levels
- Support Level– $42.13.
- Resistance Level– $77.77.
Disclaimer
The views and opinions of the author, or anyone named in this article, are for informational purposes only. They do not offer financial, investment, or other advice. Investing or trading crypto assets involves the risk of financial loss.