WALT DISNEY CO.
WALT DISNEY CO.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: DIS
ISIN:

WALT DISNEY CO. - Weekly - Technical analysis published on 06/10/2022 (GMT)

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  • Timeframe : Weekly
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 114.08 USD
My targets
91.81 USD (-8.85%)
85.12 USD (-15.50%)
My analysis
The bearish trend is currently very strong for WALT DISNEY CO.. As long as the price remains below the resistance at 114.08 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 91.81 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 85.12 USD as an objective. Crossing it would then enable sellers to target 62.28 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.

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
7.9

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 ErnestMoney. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

The WALT DISNEY CO. rating is 100.73 USD. Over 5 days, this instrument lost -7.31% with the lowest point at 106.00 USD and the highest point at 110.19 USD. The deviation from the price is -4.97% for the low point and -8.59% for the high point.

106.00
110.19
100.73

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

Central Gaps

Opening Gap DOWN

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:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a 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 92.86% bearish. This strong bearish 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.

An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Weekly


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Weekly


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



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

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Weekly



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 33.24 62.28 85.12 100.73 114.08 128.52 150.80
Change (%) -67.00% -38.17% -15.50% - +13.25% +27.59% +49.71%
Change -67.49 -38.45 -15.61 - +13.35 +27.79 +50.07
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
Standard98.20100.73102.01104.54105.82108.35109.63
Camarilla102.25102.60102.95103.30103.65104.00104.35
Woodie97.59100.42101.40104.23105.21108.04109.02
Fibonacci100.73102.18103.08104.54105.99106.89108.35


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard101.83104.87106.77109.81111.71114.75116.65
Camarilla107.31107.76108.22108.67109.12109.58110.03
Woodie101.26104.59106.20109.53111.14114.47116.08
Fibonacci104.87106.76107.92109.81111.70112.86114.75


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard84.1691.81101.13108.78118.10125.75135.07
Camarilla105.77107.33108.88110.44112.00113.55115.11
Woodie84.9992.23101.96109.20118.93126.17135.90
Fibonacci91.8198.30102.30108.78115.27119.27125.75

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): 26.54
MACD (12,26,9): -13.8400
Directional Movement: -26.46
AROON (14): -71.43
DEMA (21): 106.77
Parabolic SAR (0,02-0,02-0,2): 125.43
Elder Ray (13): -11.64
Super Trend (3,10): 132.55
Zig ZAG (10): 100.33
VORTEX (21): 0.7600
Stochastique (14,3,5): 13.08
TEMA (21): 100.91
Williams %R (14): -98.24
Chande Momentum Oscillator (20): -40.06
Repulse (5,40,3): -14.3800
ROCnROLL: 2
TRIX (15,9): -1.1800
Courbe Coppock: 49.08
MA7: 106.61
MA20: 106.13
MA50: 115.68
MA100: 128.95
MAexp7: 109.18
MAexp20: 124.34
MAexp50: 141.87
MAexp100: 146.25
Price / MA7: -5.52%
Price / MA20: -5.09%
Price / MA50: -12.92%
Price / MA100: -21.88%
Price / MAexp7: -7.74%
Price / MAexp20: -18.99%
Price / MAexp50: -29.00%
Price / MAexp100: -31.12%

Quotes : - 15 min delayed data - NYSE Stocks

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

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