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Stock Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

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
31.96 32.58 31.96 32.39 +0.44
Entry Signal

MarketClub’s Trade Triangles for WMG

long term up The long-term trend has been UP since Oct 25th, 2024 at 32.55

intermediate term up The intermediate-term trend has been UP since Sep 16th, 2024 at 29.50

short term up The short-term trend has been UP since Oct 25th, 2024 at 32.20

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
31.96 32.58 31.96 32.39 +0.44
Prev. Close Volume Bid Ask Time
32.38 672472 2024-10-25 15:59:55
52wk High38.0552wk High Date2024-02-08
52wk Low27.0652wk Low Date2024-08-05
Average Volume1,395,183Shares Outstanding517,919
Assets883,000,000MLiabilities834,700,000M
P/E Ratio30.6034
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