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Warner Music Group Corp. Class A

Stage 1 · Basing · week 6

As of Oct 22, 2026, Warner Music Group is in Stage 1, the basing phase, now in week 6 (since Sep 16, 2026). It closed at $31.69, 7.6% below its 52-week high and above its 200-day average, which is rising.

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. More about the company

$31.69
+0.80% today
$16.6B · Large cap
Market Neutral — Building

Pro read

Pro

Our read

Basing, not in an uptrend yet

Setup score

—

Momentum

Steady

Edge

—

Is WMG early, or has it already run? Pro answers that for every US stock we cover, after every close.

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Stage Cycle Timeline2023-08-16 → 2026-10-22
S2 15w
S4 21w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 3w → S2 9w → S3 3w → S2 15w → S3 8w → S4 21w → S1 6w → S2 8w → S3 5w → S2 9w → S3 3w → S4 10w → S1 5w → S2 11w → S3 6w → S4 8w → S1 3w → S4 8w → S1 5w → S2 5w → S3 2w → S4 7w → S1 5w current
Total tracked: 165 weeks across 23 stage runs.

WMG among Entertainment23rd of 41 by relative strength

All 41 →
Stocks in Entertainment ranked by relative strength, with stage and one-month change
#StockStageRS1M
1MCSStage 2 · wk 3395+1.8%
2STRZStage 3 · wk 795−0.8%
3MSGSStage 2 · wk 5592−1.3%
4MSGEStage 2 · wk 6692−0.1%
5SPHRStage 3 · wk 691−17.9%
6IMAXStage 2 · wk 1990−1.9%
7ROKUStage 2 · wk 2590+4.3%
8CNKStage 2 · wk 2885+10.7%
…23WMGStage 1 · wk 652+16.7%
vs 52W High
-7.6%
$23.35 lo$34.31 hi
7.6% below 52W high, pullback range
Stock is basing below old highs. A volume-backed breakout to new highs would be the Stage 2 signal to watch.
Stage Maturity
Week 6
1w13w26w
Week 6, early base
How long this stock has been basing. Longer bases can produce stronger breakouts, but the breakout itself is the signal.
vs 200 DMA
11.9%
200 DMA: $28.31 · rising
Stock is testing its 200 DMA as part of the base. Reclaiming and holding above it is a key Stage 2 prerequisite.
Rel Volume
1.01x
vs 50-day avg
Volume in Stage 1 basing is typically quiet. A surge in volume on an upside breakout is the signal to watch.
Trend Health
↑
Short-term trend rising strongly
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
+16.7%
3M
+20.2%
6M
+10.7%
YTD
+6.1%
1Y
-2.8%
Scan Membership
Breakout Watch
Latest: 2025-02-20
7 appearances in last 60 days. First seen: 2021-06-03.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S1
Wk 6 · Vol 1.01x
2026-10-21S1
Wk 6 · Vol 0.61x
2026-10-20S1
Wk 5 · Vol 1.62x
2026-10-19S1
Wk 5 · Vol 1.08x
2026-10-16S1
Wk 5 · Vol 1.68x
2026-10-15S1
Wk 5 · Vol 2.46x
2026-10-14S1
Wk 5 · Vol 0.84x
2026-10-13S1
Wk 4 · Vol 0.70x
2026-10-12S1
Wk 4 · Vol 0.68x
2026-10-09S1
Wk 4 · Vol 0.80x
2026-10-08S1
Wk 4 · Vol 1.37x
2026-10-07S1
Wk 4 · Vol 1.11x
Moving averages & range
50 DMA
$28.20
200 DMA
$28.31
52W High
$34.31
52W Low
$23.35
5D Low
$31.04
Resistance levels (recent highs)
20d High
$31.69
60d High
$31.69
120d High
$34.31
250d High
$34.31
Next resistance
+8.3%
to 120d High
P/E (TTM)
25.4
Forward 16.1
ROE
+70.1%
Profit margin +9.2%
Dividend Yield
2.54%
P/B 19.4

Warner Music Group: quick answers

What stage is Warner Music Group in?

As of Oct 22, 2026, Warner Music Group (WMG) is in Stage 1, the basing phase. It entered Stage 1 on Sep 16, 2026 and is in week 6. What the four stages mean

Is Warner Music Group in an uptrend?

Not yet. Warner Music Group is in Stage 1, a base that can come before an uptrend. It trades 11.9% above its 200-day average, which is rising.

How far is Warner Music Group from its 52-week high?

Warner Music Group closed at $31.69 on Oct 22, 2026, 7.6% below its 52-week high of $34.31. Its 52-week low is $23.35.

How has Warner Music Group performed over the past year?

As of Oct 22, 2026, Warner Music Group is down 2.8% over the past year and up 6.1% so far in 2026.

Which sector and industry is Warner Music Group in?

Warner Music Group is in the Entertainment industry, part of the Communication Services sector.

About this companyCommunication Services· Entertainment

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The company is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials. It also owns and acquires rights to approximately two million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions, as well as administers the music and soundtracks of various third-party television and film producers and studios. In addition, the company conducts its operation primarily through a collection of record labels, such as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Nonesuch, Parlophone, Reprise, Sire, Spinnin' Records, and Warner Classics and Warner Records Nashville. Further, it markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. Its catalog includes songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, alternative, blues, gospel, and other Christian music. The company was founded in 1929 and is headquartered in New York, New York.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.