Liberty Media Corporation ($FWONK) Takes On Central European Media Enterprises Ltd. ($CETV)

2019-08-16 | Welcome! Today we compared how two different stocks in the Broadcasting industry are trading: Liberty Media Corporation and Central European Media Enterprises Ltd.. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Liberty Media Corporation opened at 40.75, got to a maximum price of 41.07 and dropped to as low as 40.12 before finishing the session at 40.49. In total there were 664700 shares traded, which is enough to conduct our analysis. Compare that now to Central European Media Enterprises Ltd., which opened at 4.54, had a high of 4.57, a low of 4.48, closed at 4.55 and had a total volume of 199700.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Liberty Media Corporation Central European Media Enterprises Ltd.
Accumulation-distribution index 300.73567 14.65453
on-balance volume -40.03 4.53
chaikin money flow

4.9375 5.0
force index

-0.0308 0.021
ease of movement rating

0.00755 -0.00021
volume-price trend

2.96572 0.44631
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Liberty Media Corporation Central European Media Enterprises Ltd.
Average true range 0.48244 0.05019
Bolinger bands 40.5314 4.55657
Upper bollinger band 39.2586 4.44343
Lower bollinger band

40.12 4.48
Bollinger high band indicator

nan 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

40.64667 4.53
High band keltner channel

40.32667 4.5
Low band keltner channel

40.96667 4.56
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

40.12 4.48
Donchain channel low band

40.12 4.48
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Liberty Media Corporation Central European Media Enterprises Ltd.
Moving Average Convergence Divergence (MACD) trend_macd 0.0009
MACD signal -0.00561 0.0005
MACD difference -0.00449 0.0004
fast Exponential Moving Average (EMA) indicator

40.12 4.48
slow Exponential Moving Average (EMA) indicator

40.12 4.48
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.13665 0.1251
trix

5.4545 6.69126
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

-66.66667 66.66667
Detrended Price Oscillator (DPO)

-2.76352 -0.40239
KST Oscillator (KST)

73.97693 98.68308
KST Oscillator (KST Signal)

73.97693 98.68308
KST difference

-3.01153 2.45242
Ichimoku rating

40.91 4.555
Ichimoku B rating

40.91 4.555
Ichimoku visual trend A

38.4186 4.20032
Ichimoku visual trend B

38.75592 4.2942
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

-4.0 4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Liberty Media Corporation Central European Media Enterprises Ltd.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 100.0 100.0
True Strength Index (TSI) 100.0 100.0
ultimate oscillator

81.43519 87.02397
stochastic oscillator

296.875 300.0
stochastic oscillator signal

296.875 300.0
Williams %R rating

196.875 200.0
awesome oscillator

-0.03335 0.02717

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Liberty Media Corporation and Central European Media Enterprises Ltd..

Daily return 7.39769 9.86831
Daily log return -1.12797 0.88889
Cumulative return -1.12164 0.89286

So there you have it: our deep, grueling analysis comparing Liberty Media Corporation and Central European Media Enterprises Ltd. together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Liberty Media Corporation:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether FWONK is strong or weak. Again – this is not a reliable indication of whether Liberty Media Corporation is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with Central European Media Enterprises Ltd.

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at amarketreportsjournal.
Abigale Lormen

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