The best indicator for Warner Bros. Discovery (WBD)
We backtested 20 indicators across daily, weekly and hourly charts on real Warner Bros. Discovery (WBD) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
MACD
On the weekly chart, this is the strongest risk-adjusted edge we found for Warner Bros. Discovery (WBD) over ~21.0 years — beating buy-and-hold by 2.1% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | MACD ✓ | Weekly | 8.5% | 0.41 | -68.5% | 40.0% | 40 | 2.1% |
| 2 | Bollinger Breakout ✓ | Weekly | 7.5% | 0.41 | -64.6% | 52.6% | 19 | 1.0% |
| 3 | Bollinger Breakout ✓ | Daily | 6.5% | 0.4 | -64.2% | 37.4% | 91 | 0.1% |
| 4 | Money Flow Index ✓ | Daily | 7.6% | 0.4 | -58.9% | 71.4% | 21 | 1.1% |
| 5 | RSI Trend (>50) ✓ | Weekly | 7.3% | 0.39 | -73.3% | 29.1% | 55 | 0.8% |
| 6 | EMA 50/200 Cross ✓ | Daily | 8.2% | 0.44 | -70.4% | 46.2% | 13 | 1.7% |
| 7 | Donchian Breakout ✓ | Weekly | 7.0% | 0.38 | -84.0% | 46.7% | 15 | 0.6% |
| 8 | SMA 50/200 Cross ✓ | Daily | 6.5% | 0.37 | -82.4% | 33.3% | 18 | 0.0% |
| 9 | Donchian Midline ✓ | Daily | 5.7% | 0.34 | -76.7% | 35.9% | 284 | -0.8% |
| 10 | Rate of Change ✓ | Weekly | 5.4% | 0.33 | -81.0% | 40.0% | 65 | -1.0% |
| 11 | EMA 20/50 Cross ✓ | Weekly | 7.9% | 0.41 | -72.0% | 45.5% | 11 | 1.5% |
| 12 | ADX / DMI ✓ | Weekly | 4.6% | 0.3 | -75.8% | 40.7% | 27 | -1.9% |
| 13 | EMA-10 Trend ✓ | Daily | 4.2% | 0.29 | -73.3% | 38.0% | 479 | -2.3% |
| 14 | EMA-10 Trend ✓ | Weekly | 4.0% | 0.28 | -81.2% | 33.3% | 102 | -2.4% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Warner Bros. Discovery (WBD), MACD on the weekly timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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