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Stock Trend Analysis Report
Prepared for you on Monday, September 16, 2024.
UNIVERSAL MUSIC GROUP (NASDAQ:UMGNF)
Bull Market Weakness (+75) - UMGNF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on UMGNF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid UMGNF?
MarketClub looks at technical strength and momentum to determine if the timing is right for UMGNF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for UMGNF
The long-term trend has been DOWN since Jul 24th, 2024 at 28.210
The intermediate-term trend has been UP since Aug 20th, 2024 at 25.200
The short-term trend has been UP since Sep 11th, 2024 at 25.932
Smart Scan Analysis for UMGNF
Based on our trend formula, UMGNF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 26.3300 | 26.3300 | 25.7600 | 26.1476 | +0.1494 |
| Prev. Close | Volume | Bid | Ask | Time |
| 26.1476 | 14145 | 2024-09-12 15:46:00 |
| 52wk High | 32.24 | 52wk High Date | 2024-05-07 |
| 52wk Low | 22.53 | 52wk Low Date | 2024-08-05 |
| Average Volume | 6,792 |