Honeywell, Nextera Energy and led by Twitter, whose results have exceeded its revenues and exceeded user expectations, growth rates in its previous report for the first quarter of the year are expected to publish earnings for the second quarter of 2021 on the week next, end of July.
Twitter is a US microblogging and social networking service where users post and interact with messages called “tweets”. The site was founded in March 2006 by Jack Dorsey, Noah Glass, Biz Stone and Evan Williams. While it was actually launched in July of the same year. It has also been very popular since its launch and the number of its active users reached 330 million in the first quarter of 2019.
Quote from Twitter Inc .: The financial results for the second quarter of 2021 will be released on July 22, after market close. The same day, Twitter will host a conference call to discuss these financial results.
The company’s first quarter earnings results beat expectations, although the share price fell about 11% hours after the company released its quarterly report last April, accompanied by an expectation of ‘a drop in revenues in the second quarter. Twitter reported a gain of about 16 cents per share, compared to only 14 cents expected by Refinitiv, “an Anglo-American global provider of financial market data and infrastructure”, and a turnover of around $1.04 billion, compared to $ 808 million for the same quarter last year, with a growth rate of approximately $1.04 billion (28%), contrary to expectations of about $1.03 billion by Refinitiv. The total number of profitable site users also increased by around 7 million from the fourth quarter to $199 million instead of 200 million expected by analysts. Twitter expects total revenue for the second quarter of the year to be between $ 980 million and $ 1.08 billion. Analysts expect $ 1.08 billion.
Twitter technical analysis
The following graph appears over the 4 hour period of the Twitter company; the share price has changed an ascending channel since the start of the second quarter of the previous May, and it reached the lowest price level at 48.68 per share, while the maximum price level was 72.08. It is currently trading at 68.01.
The following figure reviews the main axes and levels of support and resistance. The main pivot appears at 70.54 and resistance to 71.63, 73.16 and 74.25, while we find support for 69.01, 67.92 and 66.39. The RSI started rising from May and broke through the 70 level and more than peaked above in late June and early July, then fell to 49.36.
And then comes Bollinger bands indicator, which represents trading lines and shows the extent of market volatility by drawing a channel called the volatility channel to identify potential resistance and support levels and oversold and overbought levels. It is an indicator which does not indicate any buy or sell signals; it is a tool intended to illustrate only the relative rise and fall of prices.
It seems that the current level of the upper part of the Bollinger Band is at 71,291, which connects the peaks of the stock price movement and indicates the maximum price. We find the lower part of the canal at 66,685, which represents the lower limit of the price, and the middle line of the channel is at 68.988. The narrowness of the channel range became apparent on May 13th, indicating a sign of rising price, and the channel narrowness was repeated at the start of July 8th. The stock’s price movement has since broken the channel’s midline upward, indicating a positive sign for the price to rise, and the price has remained broken from May 18th until today. Also ATR, which determines the amount of movement of the stock price over a specified period of time, is shown falling 1.94 at 1.16 during the month of June then goes up to reach 1.51 recently.
Honeywell is an established American company in a technology field, was established in November 1999, is headquartered in Morris Blaine, New Jersey. Executive management is currently provided by Darius Adamczyk. It operates in four main sectors: aerospace, construction, safety and productivity solutions, and performance materials and technologies.
On April 22, the Honeywell company released its first quarterly report for 2021. The report included an increase in earnings per share to $ 1.92, exceeding analysts’ expectations $ 1.80 per share, with an estimated difference of $ 0.12. In addition, the company made an estimated profit of around $ 8.45 billion, compared to expectations of $8.07 billion. On an annual basis, revenues decreased by approximately 0.1%. The objective of the company is to achieve profits between 1.89 and 1.91 and an average of about $ 1.90 for the second trimester.
Quoting the #Honeywell company: The next annual report on quarterly results will be released on Friday July 23, 2021. Honeywell International Company will hold a conference call to discuss the results on Friday.
Honeywell Technical Analysis
On the 4-hour chart, the Honeywell share price appears as an ascending channel since last March after surviving a sharp drop in the same month in which it hit its lowest price level of the year at $ 100.49. It continued to increase until it reached the maximum price per share during the year at the level of 282.84 dollars, what level it is currently traded to.
The main pivot appears at 227.04 and resistance to 229.47, 231.16 and 233.59, while we find support for 225.35, 222.92 and 221.23. The RSI has risen since last June until the present, breaking through the high of 70 and reaching a value of 73.20, indicating an overbought.
The card of Bollinger bands indicator posts a widening of its range in the areas before the price drop on April 23, May 12 and June 2 and the channel was relatively narrow before the price started to rise on the 21st of last month. The upper band of the channel is currently recorded at 231,488, while the lower side is at 215,128. The stock price crossed the channel’s midline on June 21, indicating a sign that the price rose and continued to breach, and recently even shows a break up towards the top of the range. The 14-ATR possesses summer up since the beginning of this month, reaching a value of 2.80.
NextEra Energy is one of the largest U.S. infrastructure capital investors, with between $ 50 billion and $ 55 billion in new infrastructure investments planned until 2022, we are helping to ensure that the next energy to fuel our dreams will be American energy.
NextEra Energy’s first quarter 2021 results report, listed on the New York Stock Exchange, was released last April. It indicated the net profit on the basis of generally accepted accounting principles (GAAP) to a value of $ 1,666 million, equivalent to $ 0.84 per share, up from $ 421 million, or $ 0.21 per share in the same quarter of last year 2020, on an adjusted basis. Company profit for the first quarter of 2021 amounted to about $ 1,330 million, or the equivalent of $ 0.67 per share, compared to $ 1,170 million, or $ 0.59 per share in the first quarter of 2020. For more information, you can view the company’s financial report via the following link:
NextEra technical analysis
The following price movement chart shows that the price started in the ascending channel on May 18, after dropping $ 10 from $ 81 to $ 71. It also hit its lowest price at 68.30 last March before rising again during the second quarter to reach the price of 76.81, which is the current trading price.
the main pivot appears at 75.51 and resistances to 76.40, 77.05 and 77.94, while we find support for 74.86, 73.97 and 73.32. the RSI has risen from May 19 to date, approaching the 70 level and reaching a value of 65.89, which indicates an increase in share purchases.
the Bollinger Bands Indicator the second quarter of 2021 was relatively tense compared to the first quarter. The high end of the volatility channel is at 76.49, while the lower side comes to b73.67. Currently, the price has stabilized above the midline of the channel, where it has been since early July, suggesting a rise in the share price this month. ATR is at 0.86.