Technical Analysis for WMG - Warner Music Group

Grade Last Price % Change Price Change
grade F 27.01 -4.05% -1.14
WMG closed down 4.05 percent on Friday, September 25, 2020, on approximately normal volume. The bears made the stock sink to a new 52-week low.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Down
Historical WMG trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Lower Bollinger Band Touch Weakness -4.05%
Outside Day Range Expansion -3.36%
Lower Bollinger Band Touch Weakness -3.36%
Older End-of-Day Gignals for WMG ...

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Alert Time
Trending on StockTwits about 9 hours ago
Trending on StockTwits 1 day ago
New 52 Week Low 1 day ago
Down 1 ATR 1 day ago
Down 3% 1 day ago
View Earlier Intraday Alerts

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Profile

Warner Music Group Corp. operates as a music-based content company in the United States, the United Kingdom, and internationally. The company operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as the related marketing, promotion, distribution, sale, and licensing of recorded music created by such artists. This segment also specializes in marketing its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials. It conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Elektra, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin', Warner Classics, and Warner Music Nashville. This segment markets, sells, and licenses recorded music in various physical formats, including CDs, vinyl, and DVDs; and digital formats, such as downloads and streaming. The Music Publishing segment owns and acquires rights to approximately 1.4 million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 80,000 songwriters and composers; and a range of genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, techno, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios; and operates production music library. In addition, it offers music and video products to retailers and wholesale distributors; and distribution centers and ventures. The company was founded in 1929 and is headquartered in New York, New York. Warner Music Group Corp. is a subsidiary of AI Entertainment Holdings LLC.
Video Products

Is WMG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 34.76
52 Week Low 26.94
Average Volume 723,626
200-Day Moving Average 0.00
50-Day Moving Average 29.07
20-Day Moving Average 28.56
10-Day Moving Average 28.08
Average True Range 1.01
ADX 19.35
+DI 8.36
-DI 19.96
Chandelier Exit (Long, 3 ATRs ) 26.97
Chandelier Exit (Short, 3 ATRs ) 29.97
Upper Bollinger Band 29.92
Lower Bollinger Band 27.21
Percent B (%b) -0.07
BandWidth 9.52
MACD Line -0.47
MACD Signal Line -0.38
MACD Histogram -0.0965
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 28.95
Resistance 3 (R3) 29.14 28.68 28.62
Resistance 2 (R2) 28.68 28.19 28.59 28.51
Resistance 1 (R1) 27.85 27.89 27.62 27.66 28.41
Pivot Point 27.39 27.39 27.28 27.30 27.39
Support 1 (S1) 26.56 26.90 26.33 26.37 25.61
Support 2 (S2) 26.10 26.60 26.01 25.51
Support 3 (S3) 25.27 26.10 25.40
Support 4 (S4) 25.08