WALT DISNEY CO. - Daily - Technical analysis published on 06/22/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 101.13 USD
My targets
85.12 USD (-8.88%)
84.16 USD (-9.92%)
My analysis
The bearish trend is currently very strong for WALT DISNEY CO.. As long as the price remains below the resistance at 101.13 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 85.12 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 84.16 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.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.5
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This analysis was given by Smartdata. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The WALT DISNEY CO. rating is 93.42 USD. The price has increased by +0.14% since the last closing with the lowest point at 92.01 USD and the highest point at 94.61 USD. The deviation from the price is +1.53% for the low point and -1.26% for the high point.92.01
94.61
93.42
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 this Daily chart of WALT DISNEY CO. indicates that the overall trend is strongly bearish. 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 scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 33.24 | 62.28 | 85.12 | 93.42 | 114.08 | 128.52 | 142.23 |
| Change (%) | -64.42% | -33.33% | -8.88% | - | +22.12% | +37.57% | +52.25% |
| Change | -60.18 | -31.14 | -8.30 | - | +20.66 | +35.10 | +48.81 |
| Level | Minor | Minor | Major | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 89.48 | 90.75 | 92.08 | 93.35 | 94.68 | 95.95 | 97.28 |
| Camarilla | 92.71 | 92.94 | 93.18 | 93.42 | 93.66 | 93.90 | 94.14 |
| Woodie | 89.52 | 90.77 | 92.12 | 93.37 | 94.72 | 95.97 | 97.32 |
| Fibonacci | 90.75 | 91.74 | 92.35 | 93.35 | 94.34 | 94.95 | 95.95 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 87.91 | 90.51 | 92.42 | 95.02 | 96.93 | 99.53 | 101.44 |
| Camarilla | 93.10 | 93.51 | 93.93 | 94.34 | 94.75 | 95.17 | 95.58 |
| Woodie | 87.58 | 90.34 | 92.09 | 94.85 | 96.60 | 99.36 | 101.11 |
| Fibonacci | 90.51 | 92.23 | 93.29 | 95.02 | 96.74 | 97.80 | 99.53 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 29.81 | |
| MACD (12,26,9): | -4.8400 | |
| Directional Movement: | -20.55 | |
| AROON (14): | -100.00 | |
| DEMA (21): | 94.49 | |
| Parabolic SAR (0,02-0,02-0,2): | 104.96 | |
| Elder Ray (13): | -4.93 | |
| Super Trend (3,10): | 102.74 | |
| Zig ZAG (10): | 93.37 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 4.88 | |
| TEMA (21): | 93.95 | |
| Williams %R (14): | -91.55 | |
| Chande Momentum Oscillator (20): | -15.05 | |
| Repulse (5,40,3): | -1.0300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.5200 | |
| Courbe Coppock: | 22.79 |
| MA7: | 94.48 | |
| MA20: | 102.31 | |
| MA50: | 109.99 | |
| MA100: | 125.78 | |
| MAexp7: | 95.55 | |
| MAexp20: | 100.76 | |
| MAexp50: | 109.98 | |
| MAexp100: | 122.11 | |
| Price / MA7: | -1.12% | |
| Price / MA20: | -8.69% | |
| Price / MA50: | -15.07% | |
| Price / MA100: | -25.73% | |
| Price / MAexp7: | -2.23% | |
| Price / MAexp20: | -7.28% | |
| Price / MAexp50: | -15.06% | |
| Price / MAexp100: | -23.50% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on WALT DISNEY CO. at the time of the analysis were as follows:
- Thinking about trading options or stock in Humana, Walt Disney, Apple, Pfizer, or Starbucks?
- Thinking about trading options or stock in Tesla, Walt Disney, Microsoft, NVIDIA, or Alibaba?
- The Walt Disney Archives Invites Guests to Explore 100 Years of Wonder at D23 Expo 2022
- Thinking about trading options or stock in Apple, Microsoft, Walt Disney, Pfizer, or Alibaba?
- The Walt Disney Company Names Dana Walden as Chairman of Disney General Entertainment Content
This member declared not having a position on this financial instrument or a related financial instrument.
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