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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
UNIVERSAL MUSIC GROUP ADR (NASDAQ:UNVGY)
Long-Term Uptrend (+90) - UNVGY is in a strong uptrend that is likely to continue. While UNVGY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for UNVGY
The long-term trend has been UP since May 3rd, 2024 at 15.41
The intermediate-term trend has been UP since May 3rd, 2024 at 15.23
The short-term trend has been UP since May 3rd, 2024 at 15.23
Smart Scan Analysis for UNVGY
Based on our trend formula, UNVGY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.76 | 15.76 | 15.60 | 15.66 | -0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.66 | 57968 | 2024-05-07 15:45:00 |
| 52wk High | 15.73 | 52wk High Date | 2024-05-06 |
| 52wk Low | 9.64 | 52wk Low Date | 2023-05-31 |
| Average Volume | 91,785 |