Liberty Global plc ($LBTYK) vs Discovery, Inc. ($DISCB)

2019-08-20 | Welcome! Today we compared how two different stocks in the Television Services industry are trading: Liberty Global plc and Discovery, Inc.. 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 Global plc opened at 25.93, got to a maximum price of 26.12 and dropped to as low as 25.68 before finishing the session at 25.99. In total there were 5254300 shares traded, which is enough to conduct our analysis. Compare that now to Discovery, Inc., which opened at 32.39, had a high of 32.39, a low of 32.39, closed at 32.39 and had a total volume of 300.0.

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 Global plc Discovery, Inc.
Accumulation-distribution index 250.31858 48.35295
on-balance volume -25.66 35.9
chaikin money flow

3.63158 0.33634
force index

0.039 12.3201
ease of movement rating

-5e-05 0.04031
volume-price trend

0.14251 -1.36821
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 Global plc Discovery, Inc.
Average true range 0.38103 0.53144
Bolinger bands 25.71657 39.10889
Upper bollinger band 25.60343 29.18111
Lower bollinger band

25.68 32.39
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

25.91 32.39
High band keltner channel

25.72 32.39
Low band keltner channel

26.1 32.39
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

25.68 32.39
Donchain channel low band

25.68 32.39
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 Global plc Discovery, Inc.
Moving Average Convergence Divergence (MACD) trend_macd 0.07875
MACD signal -0.0005 0.04375
MACD difference -0.0004 0.035
fast Exponential Moving Average (EMA) indicator

25.68 32.39
slow Exponential Moving Average (EMA) indicator

25.68 32.39
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

0.06742 0.40416

0.46681 -4.86881
Mass Index (MI)

1.0 2.952
Commodity Channel Index (CCI)

-66.66667 66.66667
Detrended Price Oscillator (DPO)

-0.1484 1.46904
KST Oscillator (KST)

5.81221 -43.38694
KST Oscillator (KST Signal)

5.81221 -43.38694
KST difference

-0.39167 25.91627
Ichimoku rating

26.025 32.39
Ichimoku B rating

26.025 32.39
Ichimoku visual trend A

26.01214 34.5181
Ichimoku visual trend B

26.04563 34.5811
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 Global plc Discovery, Inc.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 100.0 55.1263
True Strength Index (TSI) 100.0 -100.0
ultimate oscillator

37.24821 70.49552
stochastic oscillator

231.57895 50.0
stochastic oscillator signal

231.57895 50.0
Williams %R rating

131.57895 -50.0
awesome oscillator

0.02983 0.58075

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Liberty Global plc and Discovery, Inc..

Daily return 0.58122 -4.33869
Daily log return -0.15588 10.28876
Cumulative return -0.15576 10.83668

So there you have it: our deep, grueling analysis comparing Liberty Global plc and Discovery, Inc. 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 Global plc:

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 LBTYK is strong or weak. Again – this is not a reliable indication of whether Liberty Global plc 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 Discovery, Inc.

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.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.
Gary Ivenchuck

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