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Stock Trend Analysis Report
Prepared for you on Saturday, November 23, 2024.
Warner Music Group Corp. - Class A (NASDAQ:WMG)
Weak Downtrend (-65) - WMG is showing signs of a strengthening downtrend. Monitor WMG as it may be building momentum to the downside.
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 Oct 25th, 2024 at 32.55
The intermediate-term trend has been DOWN since Nov 21st, 2024 at 31.19
The short-term trend has been DOWN since Nov 21st, 2024 at 32.15
Smart Scan Analysis for WMG
Based on our trend formula, WMG is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 30.940 | 32.255 | 30.720 | 31.855 | +0.675 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.850 | 2215622 | 2024-11-22 15:59:31 |
| 52wk High | 38.05 | 52wk High Date | 2024-02-08 |
| 52wk Low | 27.06 | 52wk Low Date | 2024-08-05 |
| Average Volume | 1,561,202 | Shares Outstanding | 517,994 |
| Assets | 915,500,000M | Liabilities | 863,700,000M |
| P/E Ratio | 29.8659 |