{"ticker": {"uuid": "7af48be6-65c0-4c54-9168-7214dabdc846", "symbol": "W1MG34", "name": "Warner Music Group Corp.", "exchange": "SAO", "asset_type": "equity"}, "latest_week": "2026-06-12", "summary": "W1MG34 closed the latest completed week at 37.86 BRL. The 4-week return is -6.6% and the 12-week return is 19.0%. Trend Signal is inactive, Market Dynamics is 1.03.", "description": "Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The company is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials. It also owns and acquires rights to approximately two million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions, as well as administers the music and soundtracks of various third-party television and film producers and studios. In addition, the company conducts its operation primarily through a collection of record labels, such as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Nonesuch, Parlophone, Reprise, Sire, Spinnin' Records, and Warner Classics and Warner Records Nashville. Further, it markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. Its catalog includes songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, alternative, blues, gospel, and other Christian music. The company was founded in 1929 and is headquartered in New York, New York.", "setup_signature": "Balanced read", "composite_score": "48", "kpis": [{"label": "Latest Close", "value": "37.86 BRL", "hint": "2026-06-12"}, {"label": "1W Return", "value": "3.3%", "tone": "positive", "hint": "latest completed week"}, {"label": "4W Return", "value": "-6.6%", "tone": "negative", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "19.0%", "tone": "positive", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "19.2%", "hint": "10 of 52 weeks active"}, {"label": "Volume Ratio", "value": "4.5x", "hint": "vs 13-week average"}], "classification": {"exchange": "SAO", "country": "BR", "sector": "Communication Services", "industry": "Entertainment", "currency": "BRL", "market_cap": "90.6B"}, "price": {"trend_line": "38.10 BRL", "fair_value": "40.59 BRL", "vs_trend": "-0.6%", "vs_fair_value": "-6.7%", "high_52": "45.93 BRL", "low_52": "31.14 BRL", "drawdown": "-17.6%", "range_position": "45.5%"}, "momentum": {"returns": [{"label": "1W", "value": 3.3296998725354596, "value_label": "3.3%", "tone": "positive", "width": 9.513428207244171}, {"label": "4W", "value": -6.563478626297591, "value_label": "-6.6%", "tone": "negative", "width": 18.752796075135972}, {"label": "12W", "value": 18.95546484721574, "value_label": "19.0%", "tone": "positive", "width": 54.15847099204497}, {"label": "26W", "value": 2.2930999847478994, "value_label": "2.3%", "tone": "positive", "width": 6.551714242136855}, {"label": "52W", "value": 4.946404432607795, "value_label": "4.9%", "tone": "positive", "width": 14.132584093165129}], "trend_streak": 0, "active_weeks": 10, "active_breadth": "19.2%", "peer": {"scope": "BR Communication Services", "count": 55, "rank": 13, "percentile": 77.77777777777779, "avg_weekly_return": 0.9249690735499312}}, "setup": {"scores": [{"label": "Trend", "value": 10.576923076923078, "value_label": "11", "width": 10.576923076923078, "tone": "negative", "description": "Persistence of active Trend Signal over the last year and current streak."}, {"label": "Momentum", "value": 51.96391752200971, "value_label": "52", "width": 51.96391752200971, "tone": "neutral", "description": "Blend of 4-week and 12-week follow-through."}, {"label": "Dynamics", "value": 84.93209176164412, "value_label": "85", "width": 84.93209176164412, "tone": "positive", "description": "Latest Market Dynamics and whether pressure has improved over four weeks."}, {"label": "Relative Strength", "value": 10.901498198962434, "value_label": "11", "width": 10.901498198962434, "tone": "negative", "description": "Relative leadership and short-term RS change."}, {"label": "Volume", "value": 100, "value_label": "100", "width": 100, "tone": "positive", "description": "Participation compared with the 13-week volume baseline."}, {"label": "Risk Control", "value": 29.721583706616574, "value_label": "30", "width": 29.721583706616574, "tone": "negative", "description": "Drawdown and recent weekly volatility pressure."}], "timeline": [{"week": "27 Feb", "return": -10.359901822670222, "return_label": "-10.4%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 86.33251518891852}, {"week": "6 Mar", "return": 6.223121748923111, "return_label": "6.2%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 51.85934790769259}, {"week": "13 Mar", "return": 0.0, "return_label": "0.0%", "tone": "neutral", "trend": false, "buy_signal": false, "positive_md": false, "height": 4}, {"week": "20 Mar", "return": -13.741901235502757, "return_label": "-13.7%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 100}, {"week": "27 Mar", "return": -2.159629180698504, "return_label": "-2.2%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 17.9969098391542}, {"week": "3 Apr", "return": 6.51552366028539, "return_label": "6.5%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 54.296030502378244}, {"week": "10 Apr", "return": 5.675671145178677, "return_label": "5.7%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 47.29725954315565}, {"week": "17 Apr", "return": 5.285604491059884, "return_label": "5.3%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 44.0467040921657}, {"week": "24 Apr", "return": -1.673412491912762, "return_label": "-1.7%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 13.945104099273017}, {"week": "1 May", "return": -3.980236706131656, "return_label": "-4.0%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 33.168639217763804}, {"week": "8 May", "return": 14.808460942805212, "return_label": "14.8%", "tone": "positive", "trend": false, "buy_signal": true, "positive_md": true, "height": 100}, {"week": "15 May", "return": 1.2948201170549827, "return_label": "1.3%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": true, "height": 10.790167642124855}, {"week": "22 May", "return": 4.424776926480974, "return_label": "4.4%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": true, "height": 36.873141054008116}, {"week": "29 May", "return": 2.617701587426441, "return_label": "2.6%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": true, "height": 21.81417989522034}, {"week": "5 Jun", "return": -15.614922414321613, "return_label": "-15.6%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 100}, {"week": "12 Jun", "return": 3.3296998725354596, "return_label": "3.3%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": true, "height": 27.747498937795495}]}, "groups": {"sector": {"scope": "BR Communication Services", "count": 55, "avg_weekly_return": 0.9249690735499312, "avg_four_week_return": -1.226923205833221, "avg_twelve_week_return": -4.864488832263915, "trend_breadth": 21.818181818181817, "positive_md_breadth": 50.90909090909091, "positive_rs_breadth": 20.0, "week_rank": 13, "four_week_rank": 41, "twelve_week_rank": 6, "top_peers": [{"id": 46920, "symbol": "DOTZ3", "name": "Dotz S.A.", "exchange": "SAO", "url": "/terminal/ceaa8f4c-300e-4504-96d9-0412abe83f33/report/", "weekly_return": 23.737373737373748, "weekly_return_label": "23.7%", "weekly_return_tone": "positive", "four_week_return": 25.00000000000001, "four_week_return_label": "25.0%", "four_week_return_tone": "positive", "twelve_week_return": 70.73170731707317, "twelve_week_return_label": "70.7%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 48267, "symbol": "R1KU34", "name": "Roku, Inc.", "exchange": "SAO", "url": "/terminal/45dc268d-02dc-4be8-8a7e-2b0f7fb67978/report/", "weekly_return": 20.28608582574772, "weekly_return_label": "20.3%", "weekly_return_tone": "positive", "four_week_return": 17.834394904458602, "four_week_return_label": "17.8%", "four_week_return_tone": "positive", "twelve_week_return": 47.292987766998905, "twelve_week_return_label": "47.3%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 48662, "symbol": "U2PW34", "name": "Upwork Inc.", "exchange": "SAO", "url": "/terminal/072f3c84-33fe-428c-aa8c-ceee5b145565/report/", "weekly_return": 2.4444444444444513, "weekly_return_label": "2.4%", "weekly_return_tone": "positive", "four_week_return": 13.128834355828223, "four_week_return_label": "13.1%", "four_week_return_tone": "positive", "twelve_week_return": -22.194092827004212, "twelve_week_return_label": "-22.2%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 47941, "symbol": "NETE34", "name": "NetEase, Inc.", "exchange": "SAO", "url": "/terminal/f0fc767a-43fa-4ee0-8aa6-f0f49ed842ad/report/", "weekly_return": 4.197172536242517, "weekly_return_label": "4.2%", "weekly_return_tone": "positive", "four_week_return": 12.229437049285162, "four_week_return_label": "12.2%", "four_week_return_tone": "positive", "twelve_week_return": 5.484192926808417, "twelve_week_return_label": "5.5%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 47423, "symbol": "I1AC34", "name": "IAC Inc.", "exchange": "SAO", "url": "/terminal/5f99dfa5-885f-4e09-8234-84191cb98089/report/", "weekly_return": 0.0, "weekly_return_label": "0.0%", "weekly_return_tone": "neutral", "four_week_return": 12.100000000000009, "four_week_return_label": "12.1%", "four_week_return_tone": "positive", "twelve_week_return": 11.876247504990033, "twelve_week_return_label": "11.9%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}]}, "industry": {"scope": "BR Entertainment", "count": 8, "avg_weekly_return": 3.0410297459501177, "avg_four_week_return": -0.8414664411654165, "avg_twelve_week_return": 4.873075220738061, "trend_breadth": 12.5, "positive_md_breadth": 50.0, "positive_rs_breadth": 37.5, "week_rank": 3, "four_week_rank": 6, "twelve_week_rank": 2, "top_peers": [{"id": 48267, "symbol": "R1KU34", "name": "Roku, Inc.", "exchange": "SAO", "url": "/terminal/45dc268d-02dc-4be8-8a7e-2b0f7fb67978/report/", "weekly_return": 20.28608582574772, "weekly_return_label": "20.3%", "weekly_return_tone": "positive", "four_week_return": 17.834394904458602, "four_week_return_label": "17.8%", "four_week_return_tone": "positive", "twelve_week_return": 47.292987766998905, "twelve_week_return_label": "47.3%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 48214, "symbol": "PSKY34", "name": "PARA SKYDNC DRN", "exchange": "SAO", "url": "/terminal/0b5208f2-c33e-4bfc-be65-4dd67f7d7c92/report/", "weekly_return": 0.32957174185737936, "weekly_return_label": "0.3%", "weekly_return_tone": "positive", "four_week_return": 4.165705502801654, "four_week_return_label": "4.2%", "four_week_return_tone": "positive", "twelve_week_return": 11.591148333168634, "twelve_week_return_label": "11.6%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 48804, "symbol": "W1BD34", "name": "Warner Bros. Discovery, Inc.", "exchange": "SAO", "url": "/terminal/630d77a2-a4c8-4531-9ab9-b9c98b4be6a8/report/", "weekly_return": 0.036640286974134184, "weekly_return_label": "0.0%", "weekly_return_tone": "positive", "four_week_return": -0.17548333487435663, "four_week_return_label": "-0.2%", "four_week_return_tone": "negative", "twelve_week_return": -4.764563455965259, "twelve_week_return_label": "-4.8%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": true}, {"id": 46907, "symbol": "DISB34", "name": "The Walt Disney Company", "exchange": "SAO", "url": "/terminal/673327ac-8f78-44e0-8694-f333526212f6/report/", "weekly_return": -0.05878894767784575, "weekly_return_label": "-0.1%", "weekly_return_tone": "negative", "four_week_return": -1.1627964440234644, "four_week_return_label": "-1.2%", "four_week_return_tone": "negative", "twelve_week_return": -3.023391242915252, "twelve_week_return_label": "-3.0%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 46612, "symbol": "BMOB3", "name": "Bemobi Mobile Tech S.A.", "exchange": "SAO", "url": "/terminal/217422b1-ea79-460f-8b43-cf576b82126e/report/", "weekly_return": 6.177610732630227, "weekly_return_label": "6.2%", "weekly_return_tone": "positive", "four_week_return": -3.5155954272863577, "four_week_return_label": "-3.5%", "four_week_return_tone": "negative", "twelve_week_return": 4.316199724175329, "twelve_week_return_label": "4.3%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": false, "positive_rs": true}]}}, "dynamics": {"market_dynamics": "1.03", "market_dynamics_tone": "positive", "md_4_change": "205.3%", "relative_strength": "-12.54", "rs_4_change": "-18.3%", "expectation": "Undecided", "expectation_probability": "51.74%"}, "volume": {"latest": "292", "average_13": "64", "average_52": "87", "ratio_13": "4.5x", "ratio_52": "3.4x"}, "risk": {"volatility_13": "7.9%", "volatility_52": "5.0%", "downside_weeks": 18, "upside_weeks": 21, "downside_breadth": "34.6%", "average_gain": "4.2%", "average_loss": "-4.2%"}, "signals": [{"label": "Trend Signal", "value": "Inactive", "tone": "negative"}, {"label": "Market Dynamics", "value": "No fresh buy", "tone": "neutral"}, {"label": "Price vs Trend", "value": "-0.6%", "tone": "negative"}, {"label": "Volume", "value": "4.5x", "tone": "positive"}], "opportunities": ["Market Dynamics is positive on the latest completed week.", "Volume is elevated versus the 13-week average, confirming attention."], "risks": ["Trend Signal is inactive, so price action has not confirmed a constructive regime.", "Price is below the Trend Line, which keeps downside pressure in focus.", "Price is below Fair Value, so the market is still discounting the latest tape.", "Recent volatility is running well above the one-year baseline."], "watch_points": ["Trend Line remains the key weekly regime level.", "Market Dynamics is the pressure gauge to monitor for confirmation or fade.", "A volume ratio above 1.5x would show stronger participation in the next move."], "recent_rows": [{"week": "2026-06-12", "close": "37.86 BRL", "weekly_return": 3.3296998725354596, "weekly_return_label": "3.3%", "weekly_return_tone": "positive", "trend_line": "38.10 BRL", "fair_value": "40.59 BRL", "market_dynamics": "1.03", "relative_strength": "-12.54", "volume": "292", "trend_signal": "Off"}, {"week": "2026-06-05", "close": "36.64 BRL", "weekly_return": -15.614922414321613, "weekly_return_label": "-15.6%", "weekly_return_tone": "negative", "trend_line": "38.24 BRL", "fair_value": "40.54 BRL", "market_dynamics": "1.05", "relative_strength": "-14.57", "volume": "1", "trend_signal": "Off"}, {"week": "2026-05-29", "close": "43.42 BRL", "weekly_return": 2.617701587426441, "weekly_return_label": "2.6%", "weekly_return_tone": "positive", "trend_line": "38.43 BRL", "fair_value": "40.49 BRL", "market_dynamics": "1.16", "relative_strength": "-1.92", "volume": "396", "trend_signal": "Off"}, {"week": "2026-05-22", "close": "42.31 BRL", "weekly_return": 4.424776926480974, "weekly_return_label": "4.4%", "weekly_return_tone": "positive", "trend_line": "38.40 BRL", "fair_value": "40.40 BRL", "market_dynamics": "0.70", "relative_strength": "-5.89", "volume": "4", "trend_signal": "Off"}, {"week": "2026-05-15", "close": "40.52 BRL", "weekly_return": 1.2948201170549827, "weekly_return_label": "1.3%", "weekly_return_tone": "positive", "trend_line": "38.43 BRL", "fair_value": "40.32 BRL", "market_dynamics": "0.34", "relative_strength": "-10.60", "volume": "2", "trend_signal": "Off"}, {"week": "2026-05-08", "close": "40.00 BRL", "weekly_return": 14.808460942805212, "weekly_return_label": "14.8%", "weekly_return_tone": "positive", "trend_line": "38.52 BRL", "fair_value": "40.26 BRL", "market_dynamics": "0.01", "relative_strength": "-15.31", "volume": "15", "trend_signal": "Off"}, {"week": "2026-05-01", "close": "34.84 BRL", "weekly_return": -3.980236706131656, "weekly_return_label": "-4.0%", "weekly_return_tone": "negative", "trend_line": "38.62 BRL", "fair_value": "40.19 BRL", "market_dynamics": "-0.43", "relative_strength": "-27.82", "volume": "5", "trend_signal": "Off"}, {"week": "2026-04-24", "close": "36.29 BRL", "weekly_return": -1.673412491912762, "weekly_return_label": "-1.7%", "weekly_return_tone": "negative", "trend_line": "38.97 BRL", "fair_value": "40.17 BRL", "market_dynamics": "-0.68", "relative_strength": "-26.84", "volume": "1", "trend_signal": "Off"}, {"week": "2026-04-17", "close": "36.90 BRL", "weekly_return": 5.285604491059884, "weekly_return_label": "5.3%", "weekly_return_tone": "positive", "trend_line": "39.22 BRL", "fair_value": "40.17 BRL", "market_dynamics": "-0.93", "relative_strength": "-28.12", "volume": "19", "trend_signal": "Off"}, {"week": "2026-04-10", "close": "35.05 BRL", "weekly_return": 5.675671145178677, "weekly_return_label": "5.7%", "weekly_return_tone": "positive", "trend_line": "39.47 BRL", "fair_value": "40.17 BRL", "market_dynamics": "-1.14", "relative_strength": "-32.93", "volume": "17", "trend_signal": "Off"}, {"week": "2026-04-03", "close": "33.17 BRL", "weekly_return": 6.51552366028539, "weekly_return_label": "6.5%", "weekly_return_tone": "positive", "trend_line": "39.79 BRL", "fair_value": "40.19 BRL", "market_dynamics": "-1.07", "relative_strength": "-34.10", "volume": "10", "trend_signal": "Off"}, {"week": "2026-03-27", "close": "31.14 BRL", "weekly_return": -2.159629180698504, "weekly_return_label": "-2.2%", "weekly_return_tone": "negative", "trend_line": "40.16 BRL", "fair_value": "40.22 BRL", "market_dynamics": "-0.89", "relative_strength": "-36.61", "volume": "44", "trend_signal": "Off"}, {"week": "2026-03-20", "close": "31.83 BRL", "weekly_return": -13.741901235502757, "weekly_return_label": "-13.7%", "weekly_return_tone": "negative", "trend_line": "40.59 BRL", "fair_value": "40.27 BRL", "market_dynamics": "-0.83", "relative_strength": "-34.04", "volume": "30", "trend_signal": "Off"}, {"week": "2026-03-13", "close": "36.90 BRL", "weekly_return": 0.0, "weekly_return_label": "0.0%", "weekly_return_tone": "neutral", "trend_line": "40.99 BRL", "fair_value": "40.32 BRL", "market_dynamics": "-0.61", "relative_strength": "-25.01", "volume": "0", "trend_signal": "Off"}], "chart_url": "/terminal/7af48be6-65c0-4c54-9168-7214dabdc846/", "api_path": "/terminal/7af48be6-65c0-4c54-9168-7214dabdc846/report/api/"}