WARNER BROS DISCOVERY INC (1WBD.MI) Stock Technical Analysis
BIT:1WBD - Euronext Milan - US9344231041 - Common Stock - Currency: EUR
Taking everything into account, 1WBD scores 3 out of 10 in our technical rating. 1WBD performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of 1WBD is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.09
When analyzing the support we notice one important area.
- A support zone ranging from 7.16 to 7.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 1WBD.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1WBD.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 1WBD.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 1WBD.MI is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 41.17 | NEUTRAL | The RSI value for 1WBD.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.57 | NEGATIVE | The MACD value suggests 1WBD.MI has a negative trend. |
| Stochastics (14,3) | 11.24 | OVERSOLD | The low Stochastics value suggests 1WBD.MI may be oversold. |
| Average True Range in percent/ATR (20) | 10.82 | HIGH VOLATILITY | The high ATR as a percentage value for 1WBD.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 23.97 | NEUTRAL | The ADX value for 1WBD.MI suggests a possible start of a new trend. |
BIT:1WBD (4/14/2025, 7:00:00 PM)
7.171
-0.01 (-0.13%)