Stock Trend Analysis Report
Prepared for you on Sunday, May 28, 2023.
UNIVERSAL MUSIC GROUP ADR (NASDAQ:UNVGY)
Long-Term Downtrend (-90) - UNVGY is in a strong downtrend that is likely to continue. While UNVGY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Mar 3rd, 2023 at 11.62
The intermediate-term trend has been DOWN since Apr 10th, 2023 at 11.62
The short-term trend has been DOWN since May 24th, 2023 at 10.22
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).
|52wk High||12.99||52wk High Date||2023-02-02|
|52wk Low||8.11||52wk Low Date||2022-10-11|