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Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Warner Music Group Corp. - Class A (NASDAQ:WMG)
Long-Term Uptrend (+90) - WMG is in a strong uptrend that is likely to continue. While WMG 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 WMG?
MarketClub looks at technical strength and momentum to determine if the timing is right for WMG.
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 WMG
The long-term trend has been UP since Dec 7th, 2020 at 30.620
The intermediate-term trend has been UP since Aug 30th, 2021 at 38.200
The short-term trend has been UP since Oct 1st, 2021 at 44.055
Smart Scan Analysis for WMG
Based on our trend formula, WMG is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 47.800 | 47.920 | 46.861 | 47.150 | -0.360 |
| Prev. Close | Volume | Bid | Ask | Time |
| 47.130 | 670997 | 2021-10-15 15:59:54 |
| 52wk High | 47.86 | 52wk High Date | 2021-10-14 |
| 52wk Low | 25.61 | 52wk Low Date | 2020-11-04 |
| Average Volume | 1,251,832 | Shares Outstanding | 514,383 |
| Assets | 704,000,000M | Liabilities | 695,900,000M |
| P/E Ratio | 23.1756 |