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. - Daily - Technical analysis published on 07/27/2024 (GMT)

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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%

56%

28%

My opinion

Bearish under 96.65 USD

My targets

84.92 USD (-5.57%)

78.71 USD (-12.48%)

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 96.65 USD. The sellers' bearish objective is set at 84.92 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 78.71 USD. In case of crossing, the next objective would be the support located at 61.03 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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

7.3

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.

This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

WALT DISNEY CO. rating 89.93 USD. The price has increased by +0.81% since the last closing with the lowest point at 89.33 USD and the highest point at 90.55 USD. The deviation from the price is +0.67% for the low point and -0.68% for the high point.

89.33

90.55

89.93

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

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 results:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal support

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	78.71	84.92	88.88	89.93	96.65	102.16	113.02
Change (%)	-12.48%	-5.57%	-1.17%	-	+7.47%	+13.60%	+25.68%
Change	-11.22	-5.01	-1.05	-	+6.72	+12.23	+23.09
Level	Minor	Major	Major	-	Major	Intermediate	Major

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
Standard	88.10	88.72	89.32	89.94	90.54	91.16	91.76
Camarilla	89.60	89.71	89.82	89.93	90.04	90.15	90.27
Woodie	88.10	88.72	89.32	89.94	90.54	91.16	91.76
Fibonacci	88.72	89.18	89.47	89.94	90.40	90.69	91.16

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	81.77	85.49	87.71	91.43	93.65	97.37	99.59
Camarilla	88.30	88.84	89.39	89.93	90.48	91.02	91.56
Woodie	81.02	85.12	86.96	91.06	92.90	97.00	98.84
Fibonacci	85.49	87.76	89.16	91.43	93.70	95.10	97.37

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	23.38
MACD (12,26,9):	-2.7000
Directional Movement:	-25.80
AROON (14):	-50.00
DEMA (21):	91.90
Parabolic SAR (0,02-0,02-0,2):	94.48
Elder Ray (13):	-3.80
Super Trend (3,10):	95.06
Zig ZAG (10):	89.93
VORTEX (21):	0.6700
Stochastique (14,3,5):	3.34
TEMA (21):	90.87
Williams %R (14):	-92.43
Chande Momentum Oscillator (20):	-7.04
Repulse (5,40,3):	-1.8700
ROCnROLL:	2
TRIX (15,9):	-0.2800
Courbe Coppock:	11.61

MA7:	92.36
MA20:	95.70
MA50:	99.20
MA100:	106.21
MAexp7:	91.88
MAexp20:	95.19
MAexp50:	99.15
MAexp100:	101.22
Price / MA7:	-2.63%
Price / MA20:	-6.03%
Price / MA50:	-9.34%
Price / MA100:	-15.33%
Price / MAexp7:	-2.12%
Price / MAexp20:	-5.53%
Price / MAexp50:	-9.30%
Price / MAexp100:	-11.15%

Quotes : - 15 min delayed data - 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:

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

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