Chart pattern
WMG chart pattern — Warner Music
1 formation detected on the latest close (Nov 06, 2026).
Ascending Channel · Weekly candles
BullishForming
Last close$31.30
Trigger$33.17 (+6.0%)
Upper boundary$33.17
Lower boundary$28.39
Pattern spanAug 14, 2026 → 12 bars
Touches8
Fit score100/100
A steady uptrend held between two parallel rising lines. Trigger: Inside the channel, the lower rail is the buy zone. A close below it warns the trend is breaking; a close above the upper rail is an acceleration. Invalidation: A sustained close below the lower rail.
Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.