WARNER MUSIC GROUP CORP-CL A (WMG) Stock Technical Analysis
NASDAQ:WMG • US9345502036
We assign a technical rating of 0 out of 10 to WMG. WMG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 81% of all other stocks performed better in the past year than WMG.
- WMG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month WMG has a been trading in the 26.42 - 31.20 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- WMG has an average volume of 2497310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- WMG is an average performer in the Entertainment industry, it outperforms 45% of 80 stocks in the same industry.
The technical rating of WMG 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
26.64
We can see 3 important resistance areas.
- A resistance zone ranging from 28.85 to 29.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.39 to 30.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @32.30 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for WMG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WMG is down. |
| ChartMill Relative Strength | 19.82 | NEGATIVE | WMG has a low relative strength, it was outperformed by 80.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WMG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WMG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WMG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.99 | NEUTRAL | The RSI value for WMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests WMG has a negative trend. |
| Stochastics (14,3) | 24.85 | NEUTRAL | The Stochastics value for WMG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for WMG suggests some volalility. |
| Average Directional Index/ADX (14) | 19.48 | NEGATIVE | The low ADX value for WMG suggests a weak or negative trend. |
NASDAQ:WMG (2/26/2026, 3:48:04 PM)
26.91
+0.01 (+0.04%)
WARNER MUSIC GROUP CORP-CL A / WMG FAQ
What is the technical rating for WMG stock?
ChartMill assigns a technical rating of 0 / 10 to WMG.
What is the current trend direction of WARNER MUSIC GROUP CORP-CL A (WMG) stock?
The current trend direction for WARNER MUSIC GROUP CORP-CL A (WMG) is Bearish.
What is the RSI signal for WMG stock?
WARNER MUSIC GROUP CORP-CL A (WMG) has an RSI value of 34.9924. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WARNER MUSIC GROUP CORP-CL A?
The MACD indicator for WARNER MUSIC GROUP CORP-CL A (WMG) has a value of -0.224873, indicating a bearish trend.