WARNER BROS DISCOVERY INC (WBD) Stock Technical Analysis
USA - NASDAQ:WBD - US9344231041 - Common Stock
We assign a technical rating of 10 out of 10 to WBD. Both in the recent history as in the last year, WBD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although WBD has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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12.54
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.82 to 18.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 12.67 to 12.81. 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 WBD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WBD is up. |
| ChartMill Relative Strength | 96.95 | POSITIVE | WBD has a high relative strength, it outperformed 96.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WBD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WBD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WBD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.11 | OVERBOUGHT | The high RSI value suggests WBD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests WBD has a positive trend. |
| Stochastics (14,3) | 89.77 | OVERBOUGHT | The high Stochastics value suggests WBD may be overbought. |
| Average True Range in percent/ATR (20) | 4.13 | MEDIUM VOLATILITY | The ATR as a percentage value for WBD suggests some volalility. |
| Average Directional Index/ADX (14) | 29.96 | POSITIVE | The high ADX value value for WBD suggests a strong trend. |
21.25
+0.72 (+3.51%)
WARNER BROS DISCOVERY INC / WBD FAQ
What is the technical rating for WBD stock?
ChartMill assigns a technical rating of 10 / 10 to WBD.
What is the trend direction for WBD stock?
The current trend direction for WARNER BROS DISCOVERY INC (WBD) is Bullish.
What is the RSI signal for WARNER BROS DISCOVERY INC (WBD) stock?
WARNER BROS DISCOVERY INC (WBD) has an RSI value of 73.115. This indicates that the stock is currently overbought.
What is the buy/sell signal for WARNER BROS DISCOVERY INC (WBD) stock?
The buy/sell signal for WARNER BROS DISCOVERY INC (WBD) is buy as both the short term and long term trends are positive.
What is the support and resistance level for WBD stock?
WARNER BROS DISCOVERY INC (WBD) has a support level at 18.86. Check the full technical report for our detailed analysis of WBD support and resistance levels.