WALT DISNEY CO. - 1H - Technical analysis published on 08/10/2021 (GMT)
- 261
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 175.09 USD
My targets
178.81 USD (+1.10%)
181.18 USD (+2.44%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on WALT DISNEY CO.. This is a positive signal for buyers. As long as the price remains above 175.09 USD, a purchase could be considered. The first bullish objective is located at 178.81 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 181.18 USD as an objective. Crossing it would then enable buyers to target 183.05 USD. In the event of a return below 175.09 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.6
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
WALT DISNEY CO. rating 176.86 USD. The price registered an increase of +0.08% on the session with the lowest point at 175.58 USD and the highest point at 177.13 USD. The deviation from the price is +0.73% for the low point and -0.15% for the high point.175.58
177.13
176.86
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of WALT DISNEY CO. indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 172.17 | 175.09 | 176.57 | 176.86 | 178.81 | 181.18 | 183.05 |
| Change (%) | -2.65% | -1.00% | -0.16% | - | +1.10% | +2.44% | +3.50% |
| Change | -4.69 | -1.77 | -0.29 | - | +1.95 | +4.32 | +6.19 |
| Level | Major | Minor | Minor | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 173.17 | 174.11 | 175.42 | 176.36 | 177.67 | 178.61 | 179.92 |
| Camarilla | 176.10 | 176.31 | 176.51 | 176.72 | 176.93 | 177.13 | 177.34 |
| Woodie | 173.35 | 174.20 | 175.60 | 176.45 | 177.85 | 178.70 | 180.10 |
| Fibonacci | 174.11 | 174.97 | 175.50 | 176.36 | 177.22 | 177.75 | 178.61 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 164.53 | 167.72 | 172.43 | 175.62 | 180.33 | 183.52 | 188.23 |
| Camarilla | 174.96 | 175.68 | 176.41 | 177.13 | 177.85 | 178.58 | 179.30 |
| Woodie | 165.28 | 168.10 | 173.18 | 176.00 | 181.08 | 183.90 | 188.98 |
| Fibonacci | 167.72 | 170.74 | 172.61 | 175.62 | 178.64 | 180.51 | 183.52 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 151.98 | 160.89 | 168.46 | 177.37 | 184.94 | 193.85 | 201.42 |
| Camarilla | 171.49 | 173.00 | 174.51 | 176.02 | 177.53 | 179.04 | 180.55 |
| Woodie | 151.30 | 160.56 | 167.78 | 177.04 | 184.26 | 193.52 | 200.74 |
| Fibonacci | 160.89 | 167.19 | 171.08 | 177.37 | 183.67 | 187.56 | 193.85 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.82 | |
| MACD (12,26,9): | 0.3700 | |
| Directional Movement: | 0.80 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 176.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 177.71 | |
| Elder Ray (13): | 0.38 | |
| Super Trend (3,10): | 174.70 | |
| Zig ZAG (10): | 176.90 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 57.18 | |
| TEMA (21): | 177.06 | |
| Williams %R (14): | -27.45 | |
| Chande Momentum Oscillator (20): | -0.47 | |
| Repulse (5,40,3): | 0.5700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 0.44 |
| MA7: | 175.53 | |
| MA20: | 177.24 | |
| MA50: | 176.75 | |
| MA100: | 179.79 | |
| MAexp7: | 176.68 | |
| MAexp20: | 176.29 | |
| MAexp50: | 176.04 | |
| MAexp100: | 176.32 | |
| Price / MA7: | +0.76% | |
| Price / MA20: | -0.21% | |
| Price / MA50: | +0.06% | |
| Price / MA100: | -1.63% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.32% | |
| Price / MAexp50: | +0.47% | |
| Price / MAexp100: | +0.31% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
News
The last news published on WALT DISNEY CO. at the time of the generation of this analysis was as follows:
-
Walt Disney Accumulation Drops to 8-Month Low by FX Empire
- "High School Musical: The Musical: The Series" Season 2 Soundtrack Set For Release On Friday, July 30
- Thinking about trading options or stock in Tesla, Walt Disney, Daqo New Energy, Pfizer, or Discover Financial Services?
-
Has Walt Disney Topped Out? by FX Empire
- The Walt Disney Company Executives to Discuss Fiscal Third Quarter 2021 Financial Results Via Webcast
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis WALT DISNEY CO. - 1H