WALT DISNEY CO. - 1H - Technical analysis published on 06/20/2024 (GMT)
- 123
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
61%
11%
28%
My opinion
Neutral between 100.57 USD and 102.64 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 102.64 USD. The first support is located at 100.57 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by WALT DISNEY CO..
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The WALT DISNEY CO. price is 101.42 USD. On the day, this instrument lost -0.08% with the lowest point at 100.38 USD and the highest point at 101.62 USD. The deviation from the price is +1.04% for the low point and -0.20% for the high point.100.38
101.62
101.42
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of WALT DISNEY CO. in 1H shows an overall slightly bearish trend. Only 50.00% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish 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.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 99.25 | 100.57 | 101.39 | 101.42 | 102.64 | 103.83 | 105.88 |
Change (%) | -2.14% | -0.84% | -0.03% | - | +1.20% | +2.38% | +4.40% |
Change | -2.17 | -0.85 | -0.03 | - | +1.22 | +2.41 | +4.46 |
Level | Minor | Intermediate | Intermediate | - | Major | Intermediate | 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 | 99.67 | 100.14 | 100.82 | 101.29 | 101.97 | 102.44 | 103.12 |
Camarilla | 101.18 | 101.29 | 101.40 | 101.50 | 101.61 | 101.71 | 101.82 |
Woodie | 99.78 | 100.19 | 100.93 | 101.34 | 102.08 | 102.49 | 103.23 |
Fibonacci | 100.14 | 100.58 | 100.85 | 101.29 | 101.73 | 102.00 | 102.44 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 94.89 | 97.07 | 98.52 | 100.70 | 102.15 | 104.33 | 105.78 |
Camarilla | 98.97 | 99.31 | 99.64 | 99.97 | 100.30 | 100.64 | 100.97 |
Woodie | 94.53 | 96.89 | 98.16 | 100.52 | 101.79 | 104.15 | 105.42 |
Fibonacci | 97.07 | 98.46 | 99.31 | 100.70 | 102.09 | 102.94 | 104.33 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 80.47 | 90.37 | 97.14 | 107.04 | 113.81 | 123.71 | 130.48 |
Camarilla | 99.33 | 100.85 | 102.38 | 103.91 | 105.44 | 106.97 | 108.49 |
Woodie | 78.91 | 89.59 | 95.58 | 106.26 | 112.25 | 122.93 | 128.92 |
Fibonacci | 90.37 | 96.74 | 100.67 | 107.04 | 113.41 | 117.34 | 123.71 |
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): | 55.75 | |
MACD (12,26,9): | 0.1600 | |
Directional Movement: | 4.23 | |
AROON (14): | -50.00 | |
DEMA (21): | 101.27 | |
Parabolic SAR (0,02-0,02-0,2): | 101.80 | |
Elder Ray (13): | 0.31 | |
Super Trend (3,10): | 99.89 | |
Zig ZAG (10): | 101.50 | |
VORTEX (21): | 1.1100 | |
Stochastique (14,3,5): | 72.06 | |
TEMA (21): | 101.49 | |
Williams %R (14): | -22.46 | |
Chande Momentum Oscillator (20): | -0.11 | |
Repulse (5,40,3): | 0.4700 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0200 | |
Courbe Coppock: | 0.56 |
MA7: | 100.87 | |
MA20: | 101.68 | |
MA50: | 106.74 | |
MA100: | 108.88 | |
MAexp7: | 101.26 | |
MAexp20: | 101.08 | |
MAexp50: | 101.08 | |
MAexp100: | 101.60 | |
Price / MA7: | +0.55% | |
Price / MA20: | -0.26% | |
Price / MA50: | -4.98% | |
Price / MA100: | -6.85% | |
Price / MAexp7: | +0.16% | |
Price / MAexp20: | +0.34% | |
Price / MAexp50: | +0.34% | |
Price / MAexp100: | -0.18% |
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:
- The Walt Disney Company Kicks Off Global Celebration Honoring 90 Years of Donald Duck
- JLL arranges $735M refinancing for the Walt Disney World Swan & Dolphin Resort on behalf of Tishman Hotel & Realty and MetLife Investment Management
- Thinking about trading options or stock in Cloudflare, Walt Disney, Ford Motor, Synopsys, or Marathon Digital?
- Thinking about trading options or stock in Estee Lauder, Apple, Arista Networks, Walt Disney, or SpringWorks Therapeutics?
-
Look ahead: RBA; China inflation; eurozone retail; Vodafone; UBS; Walt Disney; Uber
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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