WALT DISNEY CO.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
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Type:	Stocks
Ticker:	DIS
ISIN:

WALT DISNEY CO. - Weekly - Technical analysis published on 06/09/2022 (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%

56%

28%

My opinion

Bearish under 114.08 USD

My targets

91.81 USD (-12.74%)

85.12 USD (-19.10%)

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 91.81 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 62.28 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

7.3

Comment on the analysis

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 rbrittonbrownjr. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The WALT DISNEY CO. price is 105.22 USD. The price is lower by -5.10% over the 5 days and was traded between 106.00 USD and 110.19 USD over the period. The price is currently at -0.74% from its lowest point and -4.51% from its highest point.

106.00

110.19

105.22

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by WALT DISNEY CO.:

Technical

A technical analysis in Weekly of this WALT DISNEY CO. chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Weekly

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : Weekly

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	33.24	62.28	85.12	105.22	114.08	128.52	150.80
Change (%)	-68.41%	-40.81%	-19.10%	-	+8.42%	+22.14%	+43.32%
Change	-71.98	-42.94	-20.10	-	+8.86	+23.30	+45.58
Level	Minor	Minor	Major	-	Major	Intermediate	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	104.01	105.49	106.41	107.89	108.81	110.29	111.21
Camarilla	106.68	106.90	107.12	107.34	107.56	107.78	108.00
Woodie	103.74	105.35	106.14	107.75	108.54	110.15	110.94
Fibonacci	105.49	106.40	106.97	107.89	108.80	109.37	110.29

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	101.83	104.87	106.77	109.81	111.71	114.75	116.65
Camarilla	107.31	107.76	108.22	108.67	109.12	109.58	110.03
Woodie	101.26	104.59	106.20	109.53	111.14	114.47	116.08
Fibonacci	104.87	106.76	107.92	109.81	111.70	112.86	114.75

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	84.16	91.81	101.13	108.78	118.10	125.75	135.07
Camarilla	105.77	107.33	108.88	110.44	112.00	113.55	115.11
Woodie	84.99	92.23	101.96	109.20	118.93	126.17	135.90
Fibonacci	91.81	98.30	102.30	108.78	115.27	119.27	125.75

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	28.74
MACD (12,26,9):	-13.4300
Directional Movement:	-23.40
AROON (14):	-71.43
DEMA (21):	107.66
Parabolic SAR (0,02-0,02-0,2):	125.43
Elder Ray (13):	-9.82
Super Trend (3,10):	132.90
Zig ZAG (10):	105.38
VORTEX (21):	0.7800
Stochastique (14,3,5):	16.91
TEMA (21):	102.19
Williams %R (14):	-86.95
Chande Momentum Oscillator (20):	-34.96
Repulse (5,40,3):	-7.3700
ROCnROLL:	2
TRIX (15,9):	-1.1700
Courbe Coppock:	47.70

MA7:	108.16
MA20:	106.45
MA50:	116.54
MA100:	129.50
MAexp7:	110.50
MAexp20:	124.85
MAexp50:	142.08
MAexp100:	146.35
Price / MA7:	-2.72%
Price / MA20:	-1.16%
Price / MA50:	-9.71%
Price / MA100:	-18.75%
Price / MAexp7:	-4.78%
Price / MAexp20:	-15.72%
Price / MAexp50:	-25.94%
Price / MAexp100:	-28.10%

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:

This member declared not having a position on this financial instrument or a related financial instrument.

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