This Morning's Technical Outlook on Application Software Stocks -- Shopify, Twilio, Veritone, and Zendesk

NEW YORK, Feb. 26, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on SHOP, TWLO, VERI, and ZEN which can be accessed for free by signing up to www.wallstequities.com/registration. On Friday, benchmark US indices were in bullish colors as the NASDAQ Composite closed the trading session up 1.77%; the Dow Jones Industrial Average edged 1.39% higher; and the S&P 500 was up 1.60%. US markets made broad based gains with all sectors finishing the day in green. Pre-market today, WallStEquities.com reviews these four Application Software stocks: Shopify Inc. (NYSE: SHOP), Twilio Inc. (NYSE: TWLO), Veritone Inc. (NASDAQ: VERI), and Zendesk Inc. (NYSE: ZEN). All you have to do is sign up today for this free limited time offer by clicking the link below.

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Shopify

Ottawa, Canada headquartered Shopify Inc.'s stock finished Friday's session 2.10% higher at $137.00. A total volume of 1.62 million shares was traded, which was above its three months average volume of 1.59 million shares. The Company's shares have advanced 14.48% in the past month, 24.35% over the previous three months, and 118.40% in the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 17.55% and 32.20%, respectively. Furthermore, shares of Shopify, which provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in Canada, the US, the UK, Australia, and internationally, have a Relative Strength Index (RSI) of 62.20.

On February 22^nd, 2018, research firm Macquarie reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $155 a share to $150 a share. Get the full research report on SHOP for free by clicking below at: www.wallstequities.com/registration/?symbol=SHOP

Twilio

Shares in San Francisco, California headquartered Twilio Inc. ended at $33.52, up 3.33% from the last trading session. The stock recorded a trading volume of 1.35 million shares. The Company's shares have gained 24.56% in the last month and 29.37% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 27.60% and 19.56%, respectively. Moreover, shares of Twilio, which provides cloud communications platform that enables developers to build, scale, and operate communications within software applications through the cloud as a pay-as-you-go service in the US and internationally, have an RSI of 78.00. TWLO's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=TWLO

Veritone

Newport Beach, California headquartered Veritone Inc.'s stock ended last Friday's session 4.91% higher at $15.38 with a total trading volume of 301,891 shares. The stock is trading below its 50-day moving average by 26.42%. Additionally, shares of Veritone, which develops a proprietary artificial intelligence platform for various markets in the US and internationally, have an RSI of 35.59. Are you already registered with Wall St. Equities? Do so now for free, and get the report on VERI at: www.wallstequities.com/registration/?symbol=VERI

Zendesk

On Friday, shares in San Francisco, California headquartered Zendesk Inc. recorded a trading volume of 1.03 million shares, which was above their three months average volume of 840.39 thousand shares. The stock finished the day 0.93% lower at $42.55. The Company's shares have advanced 12.24% in the last month, 22.69% in the previous three months, and 53.44% over the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 14.81% and 36.55%, respectively. Furthermore, shares of Zendesk, which provides software-as-a-service products for organizations, have an RSI of 67.72.

On February 07^th, 2018, research firm Stephens upgraded the Company's stock rating from 'Underweight' to 'Equal-Weight'. Aspiring Member, please take a moment to register below for your free research report on ZEN at: www.wallstequities.com/registration/?symbol=ZEN

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