The streaming landscape is undergoing a seismic shift as Netflix (NFLX) announced plans to acquire Warner Bros. Discovery (WBD), representing one of the most significant consolidations in entertainment industry history, with potential ripple effects across the entire media and entertainment sector.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements, indicating whether a stock may be overbought or oversold.
For media and entertainment stocks, RSI can be particularly insightful during periods of industry consolidation. Companies with higher RSI values often demonstrate stronger price momentum, which can reflect market sentiment about their strategic positions or potential as acquisition targets.
The Warner Bros. Discovery (WBD) acquisition process has generated significant market attention, with WBD’s RSI reaching 70, indicating strong buyer interest likely fueled by the pending Netflix (NFLX) deal.
The streaming wars and ongoing industry consolidation have created a dynamic environment where company valuations can fluctuate dramatically based on strategic positioning.
Here are the top media and entertainment stocks, ranked by RSI:
- Eventbrite, Inc. (EB) – Price: $4.44 (0.11%) – SA Quant Rating: Hold – RSI: 84
- Warner Bros. Discovery, Inc. (WBD) – Price: $25.40 (3.48%) – SA Quant Rating: Hold – RSI: 70
- IMAX Corporation (IMAX) – Price: $35.52 (-1.96%) – SA Quant Rating: Hold – RSI: 56
- CuriosityStream Inc. (CURI) – Price: $4.64 (-0.43%) – SA Quant Rating: Hold – RSI: 56
- Madison Square Garden Sports Corp. (MSGS) – Price: $226.62 (1.12%) – SA Quant Rating: Hold – RSI: 55
- Lionsgate Studios Corp. (LION) – Price: $7.35 (3.45%) – SA Quant Rating: Hold – RSI: 55
- Dolphin Entertainment, Inc. (DLPN) – Price: $1.66 (0.60%) – SA Quant Rating: Hold – RSI: 51
- Liberty Live Group (LLYVK) – Price: $83.07 (0.52%) – SA Quant Rating: Hold – RSI: 49
- Manchester United plc (MANU) – Price: $15.73 (0.16%) – SA Quant Rating: Hold – RSI: 46
- Scienjoy Holding Corporation (SJ) – Price: $0.57 (0.00%) – SA Quant Rating: Hold – RSI: 45
- The Walt Disney Company (DIS) – Price: $106.14 (0.64%) – SA Quant Rating: Hold – RSI: 45
- Atlanta Braves Holdings, Inc. (BATRK) – Price: $38.75 (0.41%) – SA Quant Rating: Hold – RSI: 44
- Roku, Inc. (ROKU) – Price: $98.47 (4.16%) – SA Quant Rating: Hold – RSI: 44
- Reading International, Inc. (RDI) – Price: $1.25 (0.00%) – SA Quant Rating: Hold – RSI: 42
- iQIYI, Inc. (IQ) – Price: $2.09 (2.21%) – SA Quant Rating: Hold – RSI: 40
- Tencent Music Entertainment Group (TME) – Price: $18.75 (0.13%) – SA Quant Rating: Buy – RSI: 39
- Netflix, Inc. (NFLX) – Price: $104.16 (0.91%) – SA Quant Rating: Hold – RSI: 38
- Formula One Group (FWONK) – Price: $93.28 (0.01%) – SA Quant Rating: Hold – RSI: 37
- Warner Music Group Corp. (WMG) – Price: $28.53 (2.29%) – SA Quant Rating: Hold – RSI: 33
- Spotify Technology S.A. (SPOT) – Price: $574.18 (2.35%) – SA Quant Rating: Hold – RSI: 28