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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.

NASDAQ_UNVGY
Open High Low UNVGY Price Change
10.05 10.05 9.94 10.03 +0.02
Entry Signal

MarketClub’s Trade Triangles for UNVGY

long term down The long-term trend has been DOWN since Mar 3rd, 2023 at 11.62

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2023 at 11.62

short term down 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).

-90
Smart Scan Analysis for UNVGY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.05 10.05 9.94 10.03 +0.02
Prev. Close Volume Bid Ask Time
10.03 39945 2023-05-26 15:59:00
52wk High12.9952wk High Date2023-02-02
52wk Low8.1152wk Low Date2022-10-11
Average Volume76,840
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