Web Scraping Stocktwits Data (2024)

StockTwits is a website that hosts share-market data from where you can pull stock data. The website is dynamic.

Therefore, you need headless browsers like Selenium for scraping StockTwits data from their official website.

However, you can also extract data from StockTwits using the URLs from which the website fetches the stock data. These URLs deliver data in a JSON format, and you can use Python requests to fetch them.

This tutorial illustrates StockTwits data scraping using Python requests and Selenium.

Data Scraped from StockTwits

The tutorial teaches you how to get data from StockTwits using Python. It scrapes three kinds of stock information.

  • Top Gainers: Stocks whose value has increased that day
    Web Scraping Stocktwits Data (1)
  • Top Losers: Stocks whose value has decreased that day
    Web Scraping Stocktwits Data (2)
  • Trending Stocks: Stocks traded most that day
    Web Scraping Stocktwits Data (3)
  • Earnings Reported: Companies that have reported their earnings that day
    Web Scraping Stocktwits Data (4)

This code scraps the first three list directly from the URL that delivers this information to StockTwits. To find these URL:

  • Visit StockTwits
  • Open developer options
  • Go to the network tab
    Web Scraping Stocktwits Data (5)
  • Make sure you have selected Fetch/XHR
  • Scroll in the name panel to find the URL
    Web Scraping Stocktwits Data (6)

The Environment

This tutorial uses Selenium to get the HTML code from the StockTwits website and Python requests to extract data from the URLs that deliver stock data.

Therefore, install Python requests and Selenium using pip.

pip install requests selenium

The tutorial uses BeautifulSoup to parse data. It is also an external library you can install using pip.

pip install beautifulsoup4

The code also requires the json module to save the extracted data to a JSON file; however, the standard Python library includes the json module.

Scraping StockTwits Data: The Code

Web Scraping Stocktwits Data (7)

The code for Scraping StockTwits data begins with the import statements. Import the json module, BeautifulSoup, the Selenium By module, and the Selenium webdriver module. There will be a total of four import statements.

The code uses two functions: earnings() and extract():

  • The first function, earnings(), extracts details of the companies that reported their earnings that day.
  • The second function, extract(), is the code’s entry point. It asks the user what to scrape and executes the code accordingly.

earnings()

The earnings function adds the headless option to the Selenium webdriver object; this makes scraping faster by removing GUI.

options = webdriver.ChromeOptions()options.add_argument("--headless")

Then, it launches Chrome using the options as an arguement and goes to the https://stocktwits.com/markets/calendar page using the get method.

chrome = webdriver.Chrome(options=options)page = chrome.get("https://stocktwits.com/markets/calendar")

You can now get the HTML code of the page using the page_source attribute.

htmlContent = chrome.page_source

Then, parse the page source using BeautifulSoup. Pass the page source to the BeautifulSoup constructor.

soup = BeautifulSoup(htmlContent)

Locate all the rows inside a div element with the role row.

earnings = soup.find_all("div",{"role":"row"})

You can then iterate through all the rows and extract each detail.

companyEarnings = []for earning in earnings[1:]: company = earning.find_all("p") symbol = company[0].text name = company[1].text price = earning.find("div",{"class":"EarningsTable_priceCell__Sxx1_"}).text

Note: The loop begins with the second member of the earnings array as the first is the header row.

The code extracts symbols, the company name, and the stock price. You can find the symbols and the name of the company in the p tags and the price in the div tag with the class EarningsTable_priceCell__Sxx1_.

In each loop, the function appends the extracted data to an array.

 companyEarnings.append( { "Symbol":symbol, "Company Name": name, "Price": price } )

Finally, the function saves the array as a JSON file.

with open("earnings.json","w") as earningsFile: json.dump(companyEarnings,earningsFile,indent=4,ensure_ascii=False)

extract()

The extract() function acts as the entry point of the code. It asks you to select what to scrape and gives five choices.

The first four choices ask you what to scrape:

  • top gainers
  • top losers
  • trending stocks
  • stocks that reported their earnings that day
query = input("What to scrape? \n top-gainers [1]\n top-losers[2]\n trending stocks[3]\n stocks which reported earnings today[4]\n Insert a number (1,2,3, or 4)\n To cancel, enter 0.")

When you select the option four, the function calls earnings(). The fifth choice exits the program.

if query == "4": earnings() elif query == "0": return

For the other three choices, the function uses Python requests to scrape top gainers, top losers, and trending stocks. It

  • Sets the URL corresponding to the choice
  • Gets the data from that URL through Python requests
  • Saves the data to a JSON file

For the above process, extract() uses a switch().

else: match int(query): case 1: url = "https://api.stocktwits.com/api/2/symbols/stats/top_gainers.json?regions=US" name = "topGainers" case 2: url = "https://api.stocktwits.com/api/2/symbols/stats/top_losers.json?regions=US" name = "topLosers" case 3: url = "https://api-gw-prd.stocktwits.com/rankings/api/v1/rankings?identifier=US&identifier-type=exchange-set&limit=15&page-num=1&type=ts" name = "trending" response = requests.get(url,headers=headers) responseJson = json.loads(response.text) with open(f"{name}.json","w") as jsonFile: json.dump(responseJson,jsonFile,indent=4)

Finally, the function asks whether they need to restart the process afterward. If you choose yes, the extract() function gets called again—otherwise, the program exits.

more = input("Do you want to continue") if more.lower() == "yes": extract() else: return

Want to scrape financial data from Yahoo? Check this tutorial on how to scrape Yahoo Finance.

Code Limitations

Even though the code is suitable for scraping StockTwits data, you might need to alter it later. This is because StockTwits may change the site’s structure.

Or it might change the URL from which it fetches the stock data. In either case, the code may fail to execute.

Moreover, the code may not work for large-scale data extraction, as it doesn’t consider anti-scraping measures.

Wrapping Up

Using the code in this tutorial, you can scrape stock Market data from StockTwits with Python requests and Selenium.

However, you might need to change the code whenever StockTwits changes its website structure or the URL that delivers the stock data.

But you don’t have to change the code yourself; ScrapeHero can help you. We can take care of all your web scraping needs.

ScrapeHero is a full-service web scraping service provider capable of building enterprise-grade web scrapers and crawlers according to your specifications. ScrapeHero services include large-scale scraping and crawling, monitoring, and custom robotic process automation.

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Web Scraping Stocktwits Data (2024)

FAQs

Can you scrape StockTwits? ›

The website is dynamic. Therefore, you need headless browsers like Selenium for scraping StockTwits data from their official website. However, you can also extract data from StockTwits using the URLs from which the website fetches the stock data.

Can you get sued for web scraping? ›

The Computer Fraud and Abuse Act (CFAA)

Although there is no specific mention of web scraping, the CFAA does prohibit unauthorized access to protected computer systems and networks. Under the CFAA, unauthorized web scraping could be considered a violation of the law.

Is web scraping ever illegal? ›

It is not illegal as such. There are no specific laws prohibiting web scraping, and many companies employ it in legitimate ways to gain data-driven insights. However, there can be situations where other laws or regulations may come into play and make web scraping illegal.

How accurate is web scraping? ›

Scraping with data accuracy ensures: Robust data analysis: Precise data leads to reliable analytics, enabling businesses to identify trends, make predictions, and formulate strategies with confidence. Effective decision-making: Strategic decisions are as sound as the data they are based on.

Can you get banned for scraping? ›

Making too many requests to a website in a short amount of time can lead to a ban. Implement a delay between your requests to mimic human browsing behavior and reduce the chances of detection.

Can scraping be detected? ›

Using fingerprinting to detect web scraping

Fingerprinting is collecting browser attributes and saving the information in a special POST data parameter. The system can use the collected information to identify suspicious clients (potential bots) and recognize web scraping attacks more quickly.

Why is data scraping bad? ›

Attackers can use web scraping tools to access data much more rapidly than intended. This can result in data being used for unauthorized purposes.

What are the risks of web scraping? ›

Some bad actors use web scrapers to intentionally obtain personal information, credit card numbers, or login credentials for malicious purposes. This can lead to identity theft, privacy violations, and even data breaches. The morality of web scraping can be dubious.

Do some websites block web scraping? ›

Some websites will examine User-Agents and block requests from User Agents that don't belong to a major browser, and because most web scrapers don't bother setting the User-Agent, they become easy to detect. Don't be one of these developers!

Does Google ban web scraping? ›

Google's terms and conditions clearly prohibit scraping their services, including search results. Violating these terms may lead to Google services blocking your IP address. However, Google does allow for some scraping, provided you do it in a way that respects its ToS, as well as the privacy and rights of others.

Why is web scraping frowned upon? ›

Content scraping is outright theft at a large scale, and if your content appears elsewhere on the web, your SEO rankings are bound to decrease. In addition, unethical practitioners may scrape personal or sensitive information without consent, leading to privacy violations and potential identity theft.

Does Netflix allow web scraping? ›

So while scraping Netflix is not outright illegal, it exists in a gray area where Netflix could file a lawsuit or terminate your account if they choose. The CFAA also makes it illegal to access computers "without authorization" or in ways that "exceed authorized access".

How long to sleep for web scraping? ›

Run your scraper in off-peak hours, like evenings and weekends. This tells the scraper to wait (“sleep”) for three seconds between each loop.

How does a website know its being scraped? ›

Web pages detect web crawlers and web scraping tools by checking their IP addresses, user agents, browser parameters, and general behavior.

Is web scraping better than API? ›

So, if flexibility and format control are crucial, scraping might be the way to go. If efficiency, reliability, and sanctioned data access are your priorities, then an API is the better choice.

Does StockTwits have an API? ›

## How does a StockTwits API work? Developers use StockTwits APIs to obtain pre-generated source code snippets that provide a connection to StockTwits servers. Using the API, developers can provide end-users with a host of features provided by StockTwits.

Do people still use StockTwits? ›

Over 2 million individuals use StockTwits to read the ideas/opinions of like-minded investors.

Can StockTwits be trusted? ›

The quality of analysis on StockTwits can vary widely. While some users provide valuable insights, others may offer poorly researched opinions or even misleading information. Unverified Information: Unlike professional analysts, users on StockTwits don't have to verify their information before posting.

Who is the most followed person on StockTwits? ›

On StockTwits, Harmon is one of the most followed traders we know of. As of this writing, he had 79,000 followers.

References

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