Warner Bros. Discovery, Inc. (WBD) — $26.87 +0.34%. Numbers-first dossier covering valuation, distress risk, and calibrated signal.

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WBD fair-value estimate

Qtick
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Bid × AskUpdated Aug 10, 2026 · 4:00 PM ETVol 18.38M · Avg 22.34M
WBDWarner Bros. Discovery, Inc.$26.87+0.34%Pre-market$26.91+0.15%

SELL.

We're bearish on this stock — not a name to own here.

The net signal reads -3 — more evidence points down than up — and the 50-day average sits below the 200-day, the balance-sheet safety score sits in its distress band, 2 accounting red flags are raised in the filings. Buying a dip into that is catching a falling stock, not finding value; the read stands until the signal or the company's condition improves.

QTick signal
-3net
1 bull / 3 bear factors · leaning
Bull 5 pts·Bear 8 pts30d
Bearish tape — sell
We're bearish on this stock — the tape and the structure both say so.
Market contextSector read · not on fileRiskBalance sheet · DistressCautionHigh PCE sensitivity · 0.8× · n=38OKNot a falling knife
Smart entry
$26.74
basis · pivot low + s1 + sma 200 · as of 2026-08-11
Target exit zone
$30.00
center $30.00 · basis · high 52w + round · as of 2026-08-11
Implied move · 1 wk
±$0.80
3.0% · options-priced
Chart pattern
Death cross
50d below 200d · bearish structure
Pullback risk
In line
~65% odds of a ≥10% dip · 63d · 1.0× base rate
Chart pattern
Death cross
50d below 200d · bearish structure
Volume vs 20-day avg0.82× · 18.38M vs 22.34M avg
52-week range$10.79 – $30.00
Below high since 2015-65.8% · $78.62 high
Risk / reward1 : 3.0
Plan stop$25.63
Max pain
RSI 1457.8 fires under 35 · fires near $24.39
Forensic flags2 review
What-if price
$26.87
$23.45 · -12.7%-12.7%move the price to stress-test the setupdrag to test another price+3.0% · $27.67+3.0%
Entry strategy · 10 triggersBearish tape — sell
RSI 14
57.8
fires under 35 · fires near $24.39
vs 50-day
$26.51
above the line · fires near $26.76
Bollinger
$24.94
no lower pierce · fires near $24.71
VWAP 20
$26.20
above the rolling VWAP · fires near $26.19
Entry level
$26.74
within 1% of model level
Put wall
$24.00
OI strike below · fires near $24.11
MACD
+0.13
histogram above zero · rising
RVolStatic
0.82×
below the 1.5× context threshold
Short int.Static
2.6%
short interest below 20%
ATRStatic
$0.55
14-session average true range
A checklist, not odds on a return: 4 of 6 usable price conditions have to line up. RSI, the 50-day average and the Bollinger band move with the price you set; the 20-day average traded price, the entry level and the busiest put strike stay fixed. MACD, relative volume and short interest are context only — they never count toward the total.
See the full case
Next earnings
5 Nov 2026
· in 85 days
Next dividend
No indicated yield
no forward dividend on file
prices 15-min delayed