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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.

NASDAQ_WMG
Open High Low WMG Price Change
47.800 47.920 46.861 47.150 -0.360
Entry Signal

MarketClub’s Trade Triangles for WMG

long term up The long-term trend has been UP since Dec 7th, 2020 at 30.620

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 38.200

short term up 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).

+90
Smart Scan Analysis for WMG
Strong Downtrend Sideways 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 High47.8652wk High Date2021-10-14
52wk Low25.6152wk Low Date2020-11-04
Average Volume1,251,832Shares Outstanding514,383
Assets704,000,000MLiabilities695,900,000M
P/E Ratio23.1756
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