WARNER BROS. DISCOVERY
WARNER BROS. DISCOVERY
67.0 USD (+1.36%)
03/05/2025 - 16:34 Closed 15 min delayed data - NASDAQ Stocks
Open: 66.0
Change: +0.9
Volume: 2,442
Low: 66.0
High: 67.5
High / Low range: 1.5
Type: Stocks
Ticker: WBD
ISIN:

WARNER BROS. DISCOVERY - 1H - Technical analysis published on 01/12/2024 (GMT)

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  • 01/12/2024 - 17:28
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  • Timeframe : 1H
  • - Analysis generated on 01/12/2024 - 17:28
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 10.95 USD
My targets
10.42 USD (-1.88%)
10.09 USD (-4.99%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on WARNER BROS. DISCOVERY as long as the price remains well below 10.95 USD. The sellers' bearish objective is set at 10.42 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 10.09 USD. In case of crossing, the next objective would be the support located at 9.40 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.4

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Sazzy. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The WARNER BROS. DISCOVERY price is 10.62 USD. The price has increased by +0.76% since the last closing and was traded between 10.48 USD and 10.74 USD over the period. The price is currently at +1.34% from its lowest and -1.12% from its highest.

10.48
10.74
10.62

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by WARNER BROS. DISCOVERY:
Created with Raphaël 2.3.0-80-60-40-20020January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of WARNER BROS. DISCOVERY in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 9.40 10.09 10.42 10.62 10.95 11.17 11.79
Change (%) -11.49% -4.99% -1.88% - +3.11% +5.18% +11.02%
Change -1.22 -0.53 -0.20 - +0.33 +0.55 +1.17
Level Intermediate Minor Intermediate - Minor Major Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.0510.2310.3910.5710.7310.9111.07
Camarilla10.4510.4810.5110.5410.5710.6010.63
Woodie10.0310.2310.3710.5710.7110.9111.05
Fibonacci10.2310.3610.4410.5710.7010.7810.91


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.0010.5610.8811.4411.7612.3212.64
Camarilla10.9611.0411.1211.2011.2811.3611.44
Woodie9.8810.5010.7611.3811.6412.2612.52
Fibonacci10.5610.9011.1011.4411.7811.9812.32


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.929.1410.2611.4812.6013.8214.94
Camarilla10.7410.9511.1711.3811.6011.8112.02
Woodie7.879.1210.2111.4612.5513.8014.89
Fibonacci9.1410.0310.5911.4812.3712.9313.82

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Sell7
Moving averages
Created with Raphaël 2.3.0Sell26

RSI (14): 37.03
MACD (12,26,9): -0.1700
Directional Movement: -8.75
AROON (14): -28.57
DEMA (21): 10.52
Parabolic SAR (0,02-0,02-0,2): 10.85
Elder Ray (13): -0.04
Super Trend (3,10): 10.90
Zig ZAG (10): 10.62
VORTEX (21): 0.8700
Stochastique (14,3,5): 23.42
TEMA (21): 10.47
Williams %R (14): -73.65
Chande Momentum Oscillator (20): -0.44
Repulse (5,40,3): -0.0200
ROCnROLL: 2
TRIX (15,9): -0.2300
Courbe Coppock: 7.88
MA7: 11.01
MA20: 11.48
MA50: 11.07
MA100: 11.09
MAexp7: 10.59
MAexp20: 10.74
MAexp50: 11.00
MAexp100: 11.20
Price / MA7: -3.54%
Price / MA20: -7.49%
Price / MA50: -4.07%
Price / MA100: -4.24%
Price / MAexp7: +0.28%
Price / MAexp20: -1.12%
Price / MAexp50: -3.45%
Price / MAexp100: -5.18%

Quotes : 01/12/2024 - 17:12 - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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