WARNER MUSIC GROUP CORP-CL A (WMG)
US9345502036 - Common Stock
Overall WMG gets a technical rating of 4 out of 10. WMG performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
67% of all other stocks performed better in the past year than WMG.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
In the last month WMG has a been trading in the 29.96 - 34.20 range, which is quite wide. It is currently trading near the high of this range.
WMG has an average volume of 1532680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
WMG is an average performer in the Entertainment industry, it outperforms 57% of 72 stocks in the same industry.
WMG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WMG is lagging the market.
WMG has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
27.23
38.29
We found 3 important support areas.
- Support @29.50 from a horizontal line in the daily time frame.
- Support @28.14 from a trend line in the weekly time frame.
- A support zone ranging from 27.51 to 27.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 31.44 to 33.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @33.68 from a horizontal line in the daily time frame.
- Resistance @37.91 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
CRS33.11
Mansfield-1.46
10 Day High34.2
10 Day Low29.96
20 Day High34.2
20 Day Low29.96
52 Week High38.05
52 Week Low27.06
Performance
1 Week-6.45%
2 Weeks-5.2%
1 Month-2.41%
3 Month7.15%
6 Month2.36%
12 Month-6.42%
2 Year-9.02%
3 Year-28.04%
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)-0.13
RSI(14)39.96
LBB31.57
UBB33.98
WARNER MUSIC GROUP CORP-CL A
NASDAQ:WMG (11/21/2024, 5:20:02 PM)
After market: 31.18 0 (0%)31.18
-2.49 (-7.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-7.4%
1 Week-6.45%
2 Weeks-5.2%
1 Month-2.41%
3 Month7.15%
6 Month2.36%
12 Month-6.42%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.95
ATR(20)%2.91%
ATR Inc
Range Today4.24
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High34.2
10 Day Low29.96
20 Day High34.2
20 Day Low29.96
52 Week High38.05
52 Week Low27.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.89M
Volume Incr125.97%
Vol(5)2.66M
Vol(50)1.53M