WARNER BROS DISCOVERY INC (WBD) Stock Technical Analysis
NASDAQ:WBD - Nasdaq - US9344231041 - Common Stock - Currency: USD
Taking everything into account, WBD scores 2 out of 10 in our technical rating. WBD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
WBD has an average volume of 41844300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, WBD turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
WBD is part of the Entertainment industry. There are 71 other stocks in this industry, WBD did better than 58% of them.
WBD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WBD is lagging the market slightly.
In the last month WBD has a been trading in the 8.06 - 9.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WBD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 8.84, a Stop Loss order could be placed below this zone.
More info and screens
7.44
12.38
When analyzing the support we can see 4 important areas.
- A support zone ranging from 8.84 to 8.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.13 from a trend line in the weekly time frame.
- A support zone ranging from 7.87 to 7.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.52 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 9.12 to 9.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.31 from a trend line in the daily time frame.
- Resistance @10.79 from a trend line in the weekly time frame.
- Resistance @11.45 from a trend line in the weekly time frame.
- Resistance @12.26 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.46
Mansfield-0.23
10 Day High9.79
10 Day Low8.06
20 Day High9.79
20 Day Low8.06
52 Week High12.7
52 Week Low6.64
Performance
1 Week-2.82%
2 Weeks4.56%
1 Month7.44%
3 Month-16.98%
6 Month-11.47%
12 Month15.86%
2 Year-20.66%
3 Year-51.49%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)49.82
LBB8.33
UBB9.55
8.95
-0.28 (-3.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-3.03%
1 Week-2.82%
2 Weeks4.56%
1 Month7.44%
3 Month-16.98%
6 Month-11.47%
12 Month15.86%
2 Year-20.66%
3 Year-51.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%4.28%
ATR Inc-13.61%
Range Today0.3
ADR(20)0.37
ADR(20)%4.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.46
Mansfield-0.23
10 Day High9.79
10 Day Low8.06
20 Day High9.79
20 Day Low8.06
52 Week High12.7
52 Week Low6.64
CS1 End8.84
CR1 Start9.12
Volume & EV
DER(3)0.08%
DER(5)1.64%
Volume46.83M
Volume Incr-11.26%
Vol(5)35.12M
Vol(50)41.84M