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Stock Trend Analysis Report

Prepared for you on Tuesday, September 26, 2023.

Warner Music Group Corp. - Class A (NASDAQ:WMG)

Sidelines Mode (-55) - WMG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
31.030 31.455 30.820 31.085 +0.125
Entry Signal

MarketClub’s Trade Triangles for WMG

long term up The long-term trend has been UP since Aug 8th, 2023 at 33.31

intermediate term down The intermediate-term trend has been DOWN since Sep 13th, 2023 at 32.04

short term up The short-term trend has been UP since Sep 26th, 2023 at 31.30

Smart Scan Analysis for WMG

Based on our trend formula, WMG is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for WMG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.030 31.455 30.820 31.085 +0.125
Prev. Close Volume Bid Ask Time
30.960 832363 2023-09-26 15:02:12
52wk High38.75552wk High Date2023-01-10
52wk Low21.5752wk Low Date2022-10-11
Average Volume1,249,219Shares Outstanding515,993
Assets801,000,000MLiabilities775,800,000M
P/E Ratio37.7561
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