Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, December 13, 2024.

UNIVERSAL MUSIC GROUP (NASDAQ:UMGNF)

Crossroads (+60) - UMGNF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

NASDAQ_UMGNF
Open High Low UMGNF Price Change
25.5000 25.8362 25.0900 25.5450 +0.8450
Entry Signal

MarketClub’s Trade Triangles for UMGNF

long term down The long-term trend has been DOWN since Jul 24th, 2024 at 28.21

intermediate term up The intermediate-term trend has been UP since Dec 9th, 2024 at 25.00

short term up The short-term trend has been UP since Nov 25th, 2024 at 23.90

Smart Scan Analysis for UMGNF

Based on our trend formula, UMGNF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for UMGNF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.5000 25.8362 25.0900 25.5450 +0.8450
Prev. Close Volume Bid Ask Time
24.7000 6418 2024-12-13 15:40:00
52wk High32.2452wk High Date2024-05-07
52wk Low22.5352wk Low Date2024-08-05
Average Volume27,472
Get a free daily analysis and signals for UNIVERSAL MUSIC GROUP (UMGNF) - Request Your Free Report.