| Warner Bros Discovery is a holding company. Through its subsidiaries, Co. is a global media company that provides content across multiple distribution platforms, including linear platforms such as pay-television, free-to-air and broadcast television, authenticated GO applications, digital distribution arrangements, content licensing arrangements and direct-to-consumer subscription products. Co. classifies its operations in two reportable segments: U.S. Networks, consisting principally of domestic television networks and digital content services, and International Networks, consisting primarily of international television networks and digital content services.
When researching a stock like Warner Bros Discovery, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from WBD Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for WBD stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the WBD 200 day moving average ("WBD 200 DMA"), while one of the most popular "shorter look-backs" is the WBD 50 day moving average ("WBD 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Warner Bros Discovery. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the WBD 200 DMA and the WBD 50 DMA, we get a moving average convergence divergence indicator ("WBD MACD"). The WBD MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).