WALT DISNEY CO. - 1H - Technical analysis published on 03/30/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 136.24 USD
My targets
147.24 USD (+3.90%)
151.70 USD (+7.05%)
My analysis
The bullish trend is currently very strong on WALT DISNEY CO.. As long as the price remains above the support at 136.24 USD, you could try to benefit from the boom. The first bullish objective is located at 147.24 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 151.70 USD as an objective. Crossing it would then enable buyers to target 157.89 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.3
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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 141.71 USD. The price registered a decrease of -0.47% on the session and was traded between 141.08 USD and 143.27 USD over the period. The price is currently at +0.45% from its lowest and -1.09% from its highest.141.08
143.27
141.71
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this WALT DISNEY CO. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 129.03 | 133.60 | 136.24 | 141.71 | 142.15 | 151.70 | 157.89 |
Change (%) | -8.95% | -5.72% | -3.86% | - | +0.31% | +7.05% | +11.42% |
Change | -12.68 | -8.11 | -5.47 | - | +0.44 | +9.99 | +16.18 |
Level | Intermediate | Major | Intermediate | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 137.24 | 139.10 | 140.74 | 142.60 | 144.24 | 146.10 | 147.74 |
Camarilla | 141.42 | 141.74 | 142.06 | 142.38 | 142.70 | 143.02 | 143.34 |
Woodie | 137.13 | 139.05 | 140.63 | 142.55 | 144.13 | 146.05 | 147.63 |
Fibonacci | 139.10 | 140.44 | 141.26 | 142.60 | 143.94 | 144.76 | 146.10 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 131.31 | 134.09 | 136.62 | 139.40 | 141.93 | 144.71 | 147.24 |
Camarilla | 137.68 | 138.17 | 138.65 | 139.14 | 139.63 | 140.11 | 140.60 |
Woodie | 131.18 | 134.03 | 136.49 | 139.34 | 141.80 | 144.65 | 147.11 |
Fibonacci | 134.09 | 136.12 | 137.38 | 139.40 | 141.43 | 142.69 | 144.71 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 121.06 | 130.15 | 139.31 | 148.40 | 157.56 | 166.65 | 175.81 |
Camarilla | 143.44 | 145.11 | 146.79 | 148.46 | 150.13 | 151.81 | 153.48 |
Woodie | 121.09 | 130.17 | 139.34 | 148.42 | 157.59 | 166.67 | 175.84 |
Fibonacci | 130.15 | 137.13 | 141.43 | 148.40 | 155.38 | 159.68 | 166.65 |
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): | 57.63 | |
MACD (12,26,9): | 1.0200 | |
Directional Movement: | 9.98 | |
AROON (14): | 28.57 | |
DEMA (21): | 142.20 | |
Parabolic SAR (0,02-0,02-0,2): | 137.64 | |
Elder Ray (13): | 0.36 | |
Super Trend (3,10): | 138.69 | |
Zig ZAG (10): | 141.85 | |
VORTEX (21): | 1.0400 | |
Stochastique (14,3,5): | 73.43 | |
TEMA (21): | 142.79 | |
Williams %R (14): | -32.59 | |
Chande Momentum Oscillator (20): | 4.71 | |
Repulse (5,40,3): | -0.0900 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0800 | |
Courbe Coppock: | 6.25 |
MA7: | 139.82 | |
MA20: | 137.46 | |
MA50: | 142.25 | |
MA100: | 148.52 | |
MAexp7: | 142.07 | |
MAexp20: | 140.97 | |
MAexp50: | 139.71 | |
MAexp100: | 139.32 | |
Price / MA7: | +1.35% | |
Price / MA20: | +3.09% | |
Price / MA50: | -0.38% | |
Price / MA100: | -4.59% | |
Price / MAexp7: | -0.25% | |
Price / MAexp20: | +0.52% | |
Price / MAexp50: | +1.43% | |
Price / MAexp100: | +1.72% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The last news published on WALT DISNEY CO. at the time of the generation of this analysis was as follows:
- Statement From The Walt Disney Company in Response to the Ongoing Crisis in Ukraine
- The Walt Disney Company to Webcast Its Annual Meeting of Shareholders
- The Walt Disney Company Reinforces Its Commitment to Use Its Broad Global Reach and Unique Platforms to Promote Social Responsibility
- Thinking about trading options or stock in Affirm Holdings, Godaddy, Walt Disney, Pfizer, or Alibaba?
- Thinking about trading options or stock in Datadog, Walt Disney, Arch Resources, Linde, or Roku?
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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