Warner Bros. Discovery bobbled around today only ended up 0.89% since yesterday. It looks like WBD may be interacting with a slightly angled support line. This area could represent a pivot point that it moves up from. In addition to being near an angled support line WBD is near a weak support line. We'll see if it bounces off or heads lower. Momentum wise Warner Bros. Discovery, hasn't been very high in either direction over the last 3 month. So hard to say what it will do here.
If the price bounces off of the support and moves up it'll probably head up to the $27.55 level, at which point it may hit some selling pressure. If it fails to bounce off this level and breaks down lower, it will most likely find the nearest support a the $19.82
at which point, it may have a chance of recovering from there.
The analysts are pretty neutral on Warner Bros. Discovery right now, so not much useful information here. The current Analysts Sentiment Score is -0.96. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. On 2024-02-29 Citigroup lowered their price target by -12.5% to $14.00. On 2024-02-29 Barclays lowered their price target by -10% to $9.00. Barrington Research announced a lowering of their price target to $16.00 from $18.00 on 2024-02-26. JPMorgan Chase & Co. provided a price target decease of -23.08% to $10.00 from $13.00 on 2024-02-26. Rosenblatt Securities announced a lowering of their price target to $7.00 from $9.00 on 2024-02-26. Morgan Stanley announced a lowering of their price target to $10.00 from $14.00 on 2024-02-26. On 2024-01-29 Wells Fargo & Company downgraded Warner Bros. Discovery from Overweight to Equal Weight and dropped their 1 year price target to $12.00 which is down from $16.00. Macquarie dropped their price target by -12.5% to $14.00 on 2024-01-22. Redburn Atlantic released a downgrade on 2024-01-11 from Buy to Neutral and they set their price target at $11.00. On 2023-12-22 there was confirmation of the previous rating by Benchmark which was Buy and provided a price target of $24.00.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| WBD | -0.96 | 0.87 | -1.15 | 0.67 | -2.32 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| WBD | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| WBD | 0 | %0 | 0 | 0 | 0 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| WBD |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
