WARNER BROS DISCOVERY INC (WBD) Stock Technical Analysis
NASDAQ:WBD - Nasdaq - US9344231041 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to WBD. 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 negative, as is the long term trend. There should be more interesting stocks out there.
WBD has an average volume of 44723700 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 44% of all stocks.
WBD is an average performer in the Entertainment industry, it outperforms 59% of 72 stocks in the same industry.
WBD is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month WBD has a been trading in the 7.52 - 10.61 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, WBD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 8.05, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WBD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.44
12.38
We found 3 important support areas.
- A support zone ranging from 7.96 to 8.05. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 7.68 to 7.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @7.52 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 8.68 to 8.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.61 from a trend line in the daily time frame.
- Resistance @10.96 from a trend line in the weekly time frame.
- Resistance @11.53 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
CRS44.82
Mansfield-0.05
10 Day High8.88
10 Day Low7.75
20 Day High10.61
20 Day Low7.52
52 Week High12.7
52 Week Low6.64
Performance
1 Week4.08%
2 Weeks5.09%
1 Month-15.08%
3 Month-16.95%
6 Month5.35%
12 Month8.78%
2 Year-36.3%
3 Year-52.23%
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)0.14
RSI(14)46.69
LBB7.66
UBB8.88
8.67
-0.1 (-1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-1.14%
1 Week4.08%
2 Weeks5.09%
1 Month-15.08%
3 Month-16.95%
6 Month5.35%
12 Month8.78%
2 Year-36.3%
3 Year-52.23%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%7.93%
ATR Inc-42.35%
Range Today0.42
ADR(20)0.61
ADR(20)%7.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.82
Mansfield-0.05
10 Day High8.88
10 Day Low7.75
20 Day High10.61
20 Day Low7.52
52 Week High12.7
52 Week Low6.64
CS1 End8.05
CR1 Start8.68
Volume & EV
DER(3)6.75%
DER(5)5.1%
Volume40.88M
Volume Incr-34.49%
Vol(5)31.70M
Vol(50)44.72M