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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
UNIVERSAL MUSIC GROUP (NASDAQ:UMGNF)
Strong Downtrend (-100) - UMGNF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, UMGNF continues to fall. Traders should use caution and set stops.
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 28.2100
The intermediate-term trend has been DOWN since Oct 22nd, 2024 at 25.3700
The short-term trend has been DOWN since Nov 18th, 2024 at 24.1441
Smart Scan Analysis for UMGNF
Based on our trend formula, UMGNF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.9600 | 24.0350 | 23.5000 | 23.8300 | -0.1321 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.8300 | 131962 | 2024-11-19 15:53:00 |
| 52wk High | 32.24 | 52wk High Date | 2024-05-07 |
| 52wk Low | 22.53 | 52wk Low Date | 2024-08-05 |
| Average Volume | 11,419 |