Time Warner’s Technical Indicators: A Peer Comparison

Technical parameters

Traders and investors analyze technical aspects of companies when making market entry and exit decisions. Moving averages and RSI (relative strength index) levels are among the most widely used technical parameters.

Generally, an RSI below 30 signifies that a stock is oversold, while an RSI above 70 indicates that a stock is overbought. In this part of the series, we’ll look at Time Warner’s (TWX) technical parameters and compare them to other media companies.

Time Warner’s Technical Indicators: A Peer Comparison

100-day moving averages

On May 5, 2017, Time Warner was trading 1.4% above its 100-day moving average of $97. In comparison, Comcast (CMCSA) was trading 5.4% above its 100-day moving average, and Twenty-First Century Fox (FOXA) was trading 2.9% below its 100-day moving average. The Walt Disney Company (DIS) was trading 1.8% above its 100-day moving average.

Relative strength index

Time Warner currently has a 14-day RSI of 40. In comparison, Comcast has a 14-day RSI of 68, which traders see as approaching overbought levels.

Time Warner makes up 0.33% of the SPDR S&P 500 ETF (SPY). SPY has a 3.9% exposure to the computers sector.