WALT DISNEY CO.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

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High / Low range:	-

Type:	Stocks
Ticker:	DIS
ISIN:

WALT DISNEY CO. - Daily - Technical analysis published on 07/15/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

61%

22%

My opinion

Bearish under 102.16 USD

My targets

95.31 USD (-1.84%)

88.88 USD (-8.47%)

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 102.16 USD. The sellers' bearish objective is set at 95.31 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 88.88 USD. In case of crossing, the next objective would be the support located at 84.92 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

7.5

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

The WALT DISNEY CO. rating is 97.10 USD. On the day, this instrument lost -0.03% and was between 96.60 USD and 97.49 USD. This implies that the price is at +0.52% from its lowest and at -0.40% from its highest.

96.60

97.49

97.10

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

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

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

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

The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : Daily

Near support of channel

Type : Bullish

Timeframe : Daily

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish engulfing lines

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	84.92	88.88	95.31	97.10	102.16	107.15	113.02
Change (%)	-12.54%	-8.47%	-1.84%	-	+5.21%	+10.35%	+16.40%
Change	-12.18	-8.22	-1.79	-	+5.06	+10.05	+15.92
Level	Major	Intermediate	Intermediate	-	Intermediate	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	95.95	96.46	96.80	97.31	97.65	98.16	98.50
Camarilla	96.90	96.97	97.05	97.13	97.21	97.29	97.36
Woodie	95.86	96.42	96.71	97.27	97.56	98.12	98.41
Fibonacci	96.46	96.79	96.99	97.31	97.64	97.84	98.16

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	93.95	95.05	96.09	97.19	98.23	99.33	100.37
Camarilla	96.54	96.74	96.93	97.13	97.33	97.52	97.72
Woodie	93.92	95.04	96.06	97.18	98.20	99.32	100.34
Fibonacci	95.05	95.87	96.37	97.19	98.01	98.51	99.33

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	90.78	94.36	96.59	100.17	102.40	105.98	108.21
Camarilla	97.23	97.77	98.30	98.83	99.36	99.90	100.43
Woodie	90.12	94.02	95.93	99.83	101.74	105.64	107.55
Fibonacci	94.36	96.58	97.95	100.17	102.39	103.76	105.98

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):	33.17
MACD (12,26,9):	-1.5600
Directional Movement:	-9.82
AROON (14):	-64.29
DEMA (21):	96.68
Parabolic SAR (0,02-0,02-0,2):	99.96
Elder Ray (13):	-0.95
Super Trend (3,10):	101.18
Zig ZAG (10):	96.96
VORTEX (21):	0.8400
Stochastique (14,3,5):	10.73
TEMA (21):	96.71
Williams %R (14):	-88.09
Chande Momentum Oscillator (20):	-4.72
Repulse (5,40,3):	-0.9000
ROCnROLL:	2
TRIX (15,9):	-0.2000
Courbe Coppock:	8.10

MA7:	97.10
MA20:	99.15
MA50:	101.79
MA100:	107.62
MAexp7:	97.30
MAexp20:	98.77
MAexp50:	101.71
MAexp100:	102.80
Price / MA7:	-0%
Price / MA20:	-2.07%
Price / MA50:	-4.61%
Price / MA100:	-9.78%
Price / MAexp7:	-0.21%
Price / MAexp20:	-1.69%
Price / MAexp50:	-4.53%
Price / MAexp100:	-5.54%

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.

About author

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