WALT DISNEY CO. - Weekly - Technical analysis published on 05/09/2022 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 114.08 USD
My targets
99.28 USD (-9.98%)
85.12 USD (-22.82%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on WALT DISNEY CO. as long as the price remains well below 114.08 USD. The sellers' bearish objective is set at 99.28 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 85.12 USD. In case of crossing, the next objective would be the support located at 33.24 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.5
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This analysis was given by ErnestMoney. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The WALT DISNEY CO. rating is 110.29 USD. The price registered a decrease of -2.83% over 5 days and was traded between 108.30 USD and 115.27 USD over the period. The price is currently at +1.84% from its lowest point and -4.32% from its highest point.108.30
115.27
110.29
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by WALT DISNEY CO.:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of WALT DISNEY CO. in Weekly shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : Weekly
In fact, 13 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Weekly
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Weekly
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Weekly
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : Weekly
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 33.24 | 85.12 | 99.28 | 110.29 | 114.08 | 128.52 | 150.80 |
| Change (%) | -69.86% | -22.82% | -9.98% | - | +3.44% | +16.53% | +36.73% |
| Change | -77.05 | -25.17 | -11.01 | - | +3.79 | +18.23 | +40.51 |
| Level | Minor | Major | Intermediate | - | Major | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 104.57 | 106.44 | 108.36 | 110.23 | 112.15 | 114.02 | 115.94 |
| Camarilla | 109.25 | 109.60 | 109.94 | 110.29 | 110.64 | 110.99 | 111.33 |
| Woodie | 104.61 | 106.45 | 108.40 | 110.24 | 112.19 | 114.03 | 115.98 |
| Fibonacci | 106.44 | 107.88 | 108.78 | 110.23 | 111.67 | 112.57 | 114.02 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 99.58 | 105.47 | 108.55 | 114.44 | 117.52 | 123.41 | 126.49 |
| Camarilla | 109.16 | 109.99 | 110.81 | 111.63 | 112.45 | 113.28 | 114.10 |
| Woodie | 98.18 | 104.77 | 107.15 | 113.74 | 116.12 | 122.71 | 125.09 |
| Fibonacci | 105.47 | 108.90 | 111.01 | 114.44 | 117.87 | 119.98 | 123.41 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 74.34 | 92.85 | 102.24 | 120.75 | 130.14 | 148.65 | 158.04 |
| Camarilla | 103.96 | 106.52 | 109.07 | 111.63 | 114.19 | 116.75 | 119.30 |
| Woodie | 69.78 | 90.57 | 97.68 | 118.47 | 125.58 | 146.37 | 153.48 |
| Fibonacci | 92.85 | 103.51 | 110.09 | 120.75 | 131.41 | 137.99 | 148.65 |
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): | 25.67 | |
| MACD (12,26,9): | -11.6200 | |
| Directional Movement: | -25.99 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 122.18 | |
| Parabolic SAR (0,02-0,02-0,2): | 146.59 | |
| Elder Ray (13): | -17.90 | |
| Super Trend (3,10): | 140.53 | |
| Zig ZAG (10): | 110.29 | |
| VORTEX (21): | 0.8000 | |
| Stochastique (14,3,5): | 1.64 | |
| TEMA (21): | 116.59 | |
| Williams %R (14): | -95.96 | |
| Chande Momentum Oscillator (20): | -39.18 | |
| Repulse (5,40,3): | -17.5600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.8600 | |
| Courbe Coppock: | 31.76 |
| MA7: | 113.29 | |
| MA20: | 121.22 | |
| MA50: | 131.53 | |
| MA100: | 140.37 | |
| MAexp7: | 122.62 | |
| MAexp20: | 136.59 | |
| MAexp50: | 149.91 | |
| MAexp100: | 150.57 | |
| Price / MA7: | -2.65% | |
| Price / MA20: | -9.02% | |
| Price / MA50: | -16.15% | |
| Price / MA100: | -21.43% | |
| Price / MAexp7: | -10.06% | |
| Price / MAexp20: | -19.25% | |
| Price / MAexp50: | -26.43% | |
| Price / MAexp100: | -26.75% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on WALT DISNEY CO.. At the time of publication of this analysis, the latest news was as follows:
-
Walt Disney Near Two-Year Low Ahead of Report by FX Empire
- Thinking about trading options or stock in Apple, Alibaba, NVIDIA, Microsoft, or Walt Disney?
- Thinking about trading options or stock in General Electric, Netflix, Walt Disney, Whirlpool, or Waste Management?
- Thinking about trading options or stock in Twitter, Penn National Gaming, Apple, Shopify, or Walt Disney?
- THE WALT DISNEY COMPANY INVITES APPLICATIONS FROM INNOVATIVE GROWTH-STAGE COMPANIES FOR 2022 DISNEY ACCELERATOR PROGRAM
This member declared not having a position on this financial instrument or a related financial instrument.
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