Stock Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
UNIVERSAL MUSIC GROUP ADR (NASDAQ:UNVGY)
Bear Market Rally (-75) - UNVGY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on UNVGY as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid UNVGY?
MarketClub looks at technical strength and momentum to determine if the timing is right for UNVGY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UNVGY
The long-term trend has been DOWN since Nov 12th, 2021 at 15.7372
The intermediate-term trend has been DOWN since Nov 12th, 2021 at 15.7372
The short-term trend has been UP since Nov 26th, 2021 at 14.2500
Smart Scan Analysis for UNVGY
Based on our trend formula, UNVGY is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||16.15||52wk High Date||2021-11-15|
|52wk Low||13.6||52wk Low Date||2021-11-24|