WALT DISNEY CO.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	DIS
ISIN:

WALT DISNEY CO. - Daily - Technical analysis published on 10/17/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

83%

17%

My opinion

Bullish above 79.32 USD

My targets

91.78 USD (+7.08%)

102.97 USD (+20.14%)

My analysis

The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for WALT DISNEY CO. as long as the price remains well above 79.32 USD. The buyers' bullish objective is set at 91.78 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 102.97 USD. If there is any crossing, the next objective would be the resistance located at 113.91 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 91.78 USD. On this resistance, against the trend traders who would like to go short on WALT DISNEY CO. with a bearish signal from their trading strategy, should not hesitate to act.

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

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.

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Additional analysis

Quotes

WALT DISNEY CO. rating 85.71 USD. The price has increased by +0.00% since the last closing and was traded between 85.31 USD and 86.08 USD over the period. The price is currently at +0.47% from its lowest and -0.43% from its highest.

85.31

86.08

85.71

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

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:

The study of the highest / lowest by the Central Records scanner shows the following result:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of WALT DISNEY CO. in Daily shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily

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 horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	38.79	79.32	85.39	85.71	91.78	102.97	113.91
Change (%)	-54.74%	-7.46%	-0.37%	-	+7.08%	+20.14%	+32.90%
Change	-46.92	-6.39	-0.32	-	+6.07	+17.26	+28.20
Level	Intermediate	Intermediate	Major	-	Minor	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	83.08	83.70	84.70	85.32	86.32	86.94	87.94
Camarilla	85.27	85.41	85.56	85.71	85.86	86.01	86.16
Woodie	83.28	83.80	84.90	85.42	86.52	87.04	88.14
Fibonacci	83.70	84.32	84.70	85.32	85.94	86.32	86.94

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	80.49	81.81	83.08	84.40	85.67	86.99	88.26
Camarilla	83.64	83.88	84.11	84.35	84.59	84.83	85.06
Woodie	80.47	81.80	83.06	84.39	85.65	86.98	88.24
Fibonacci	81.81	82.80	83.41	84.40	85.39	86.00	86.99

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	71.13	75.17	78.11	82.15	85.09	89.13	92.07
Camarilla	79.13	79.77	80.41	81.05	81.69	82.33	82.97
Woodie	70.58	74.90	77.56	81.88	84.54	88.86	91.52
Fibonacci	75.17	77.84	79.48	82.15	84.82	86.46	89.13

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):	60.93
MACD (12,26,9):	0.5400
Directional Movement:	12.34
AROON (14):	64.29
DEMA (21):	83.74
Parabolic SAR (0,02-0,02-0,2):	81.34
Elder Ray (13):	1.93
Super Trend (3,10):	81.06
Zig ZAG (10):	85.64
VORTEX (21):	0.9900
Stochastique (14,3,5):	90.50
TEMA (21):	84.97
Williams %R (14):	-6.68
Chande Momentum Oscillator (20):	4.54
Repulse (5,40,3):	2.3800
ROCnROLL:	1
TRIX (15,9):	-0.0200
Courbe Coppock:	8.48

MA7:	84.95
MA20:	82.38
MA50:	83.81
MA100:	86.35
MAexp7:	84.61
MAexp20:	83.38
MAexp50:	84.07
MAexp100:	86.51
Price / MA7:	+0.89%
Price / MA20:	+4.04%
Price / MA50:	+2.27%
Price / MA100:	-0.74%
Price / MAexp7:	+1.30%
Price / MAexp20:	+2.79%
Price / MAexp50:	+1.95%
Price / MAexp100:	-0.92%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on WALT DISNEY CO. at the time of the analysis were as follows:

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

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