WARNER BROS DISCOVERY INC (WBD) Stock Technical Analysis
NASDAQ:WBD - Nasdaq - US9344231041 - Common Stock - Currency: USD
Taking everything into account, WBD scores 0 out of 10 in our technical rating. WBD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, WBD is a bad performer in the overall market: 65% of all stocks are doing better.
WBD is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month WBD has a been trading in the 7.52 - 11.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
WBD has an average volume of 42827600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WBD is an average performer in the Entertainment industry, it outperforms 57% of 72 stocks in the same industry.
Although the technical rating is bad, WBD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for WBD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.95
12.38
We found 3 important support areas.
- A support zone ranging from 7.68 to 7.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @7.52 from a horizontal line in the daily time frame.
- Support @7.02 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @10.79 from a trend line in the daily time frame.
- Resistance @11.07 from a trend line in the weekly time frame.
- Resistance @11.59 from a trend line in the weekly time frame.
- Resistance @12.26 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.19
Mansfield-0.41
10 Day High10.14
10 Day Low7.52
20 Day High11.2
20 Day Low7.52
52 Week High12.7
52 Week Low6.64
Performance
1 Week-14.47%
2 Weeks-25%
1 Month-27.47%
3 Month-16.81%
6 Month1.28%
12 Month-5.71%
2 Year-41.81%
3 Year-56.36%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.15
RSI(14)37.31
LBB6.7
UBB11.07
7.92
-0.33 (-4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-4%
1 Week-14.47%
2 Weeks-25%
1 Month-27.47%
3 Month-16.81%
6 Month1.28%
12 Month-5.71%
2 Year-41.81%
3 Year-56.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%9.4%
ATR Inc-49.57%
Range Today0.57
ADR(20)0.69
ADR(20)%8.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.19
Mansfield-0.41
10 Day High10.14
10 Day Low7.52
20 Day High11.2
20 Day Low7.52
52 Week High12.7
52 Week Low6.64
CS1 End7.73
CR1 Start10.79
Volume & EV
DER(3)3.68%
DER(5)3.25%
Volume49.15M
Volume Incr-1.9%
Vol(5)44.80M
Vol(50)42.83M