9 May

Time Warner’s Technical Indicators: A Peer Comparison

WRITTEN BY Shirley Pelts

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.

Latest articles

With over 38,000 restaurants, McDonald's doesn’t make any of its products. Instead, it contracts with suppliers to meet its massive requirements.

In Q3, T-Mobile’s (TMUS) strong momentum continued. The telecom giant gained postpaid phone customers and reported strong earnings.

Energy Transfer stock (ET) has been under pressure due to a weak earnings season from MLPs, but its fundamentals are stronger than ever.

Former HBO CEO Richard Plepler is in "advanced talks" over a deal with Apple TV+ (AAPL), the Wall Street Journal reported on Tuesday.

At 11:46 AM ET, US crude oil prices were up 0.7% from the last trading session. The EIA plans to release its inventory report tomorrow.

Footwear and apparel giant Nike (NKE) has decided to stop selling its products on Amazon (AMZN), ending a program that's run since 2017.