WALT DISNEY CO. - Daily - Technical analysis published on 10/16/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 131.56 USD
My targets
128.15 USD (-1.24%)
121.69 USD (-6.22%)
My analysis
WALT DISNEY CO. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 131.56 USD. The next support located at 128.15 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 121.69 USD. Below this support, sellers could then target 115.98 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.7
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
WALT DISNEY CO. rating 129.76 USD. On the day, this instrument gained +0.05% and was traded between 129.40 USD and 130.89 USD over the period. The price is currently at +0.28% from its lowest and -0.86% from its highest.129.40
130.89
129.76
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
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 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. 89.29% 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 8 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 115.98 | 121.69 | 128.15 | 129.76 | 131.56 | 135.60 | 139.74 |
| Change (%) | -10.62% | -6.22% | -1.24% | - | +1.39% | +4.50% | +7.69% |
| Change | -13.78 | -8.07 | -1.61 | - | +1.80 | +5.84 | +9.98 |
| Level | Major | Major | Major | - | Major | 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 | 128.53 | 129.01 | 129.35 | 129.83 | 130.17 | 130.65 | 130.99 |
| Camarilla | 129.47 | 129.55 | 129.63 | 129.70 | 129.78 | 129.85 | 129.93 |
| Woodie | 128.47 | 128.98 | 129.29 | 129.80 | 130.11 | 130.62 | 130.93 |
| Fibonacci | 129.01 | 129.32 | 129.51 | 129.83 | 130.14 | 130.33 | 130.65 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 124.69 | 126.38 | 128.20 | 129.88 | 131.70 | 133.39 | 135.21 |
| Camarilla | 129.06 | 129.38 | 129.70 | 130.02 | 130.34 | 130.66 | 130.98 |
| Woodie | 124.76 | 126.41 | 128.27 | 129.92 | 131.77 | 133.42 | 135.28 |
| Fibonacci | 126.38 | 127.72 | 128.54 | 129.88 | 131.22 | 132.05 | 133.39 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 114.97 | 121.95 | 126.13 | 133.11 | 137.29 | 144.27 | 148.45 |
| Camarilla | 127.25 | 128.27 | 129.30 | 130.32 | 131.34 | 132.37 | 133.39 |
| Woodie | 113.58 | 121.25 | 124.74 | 132.41 | 135.90 | 143.57 | 147.06 |
| Fibonacci | 121.95 | 126.21 | 128.84 | 133.11 | 137.37 | 140.00 | 144.27 |
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): | 41.86 | |
| MACD (12,26,9): | -1.6100 | |
| Directional Movement: | -1.02 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 128.83 | |
| Parabolic SAR (0,02-0,02-0,2): | 127.68 | |
| Elder Ray (13): | -0.08 | |
| Super Trend (3,10): | 135.08 | |
| Zig ZAG (10): | 129.76 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 37.60 | |
| TEMA (21): | 128.56 | |
| Williams %R (14): | -61.46 | |
| Chande Momentum Oscillator (20): | -0.20 | |
| Repulse (5,40,3): | -0.9800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2000 | |
| Courbe Coppock: | 4.67 |
| MA7: | 129.65 | |
| MA20: | 130.80 | |
| MA50: | 134.18 | |
| MA100: | 136.84 | |
| MAexp7: | 129.73 | |
| MAexp20: | 131.05 | |
| MAexp50: | 133.56 | |
| MAexp100: | 133.40 | |
| Price / MA7: | +0.08% | |
| Price / MA20: | -0.80% | |
| Price / MA50: | -3.29% | |
| Price / MA100: | -5.17% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | -0.98% | |
| Price / MAexp50: | -2.85% | |
| Price / MAexp100: | -2.73% |
News
The last news published on WALT DISNEY CO. at the time of the generation of this analysis was as follows:
- Video: Five Year-Old Charms Allegiant Passengers As Honorary Flight Attendant En Route To His Walt Disney World® Resort Wish
- Thinking about trading options or stock in Walt Disney Co, JPMorgan Chase, Microsoft, Netflix, or Roku?
- Thinking about buying stock in Apple, Aurora Cannabis, Walt Disney, NVIDIA, or Exela Technologies?
- Disney Store at Target "Shop-in-Shop" Launches Online and in 25 Target Stores Nationwide Today
- Star Wars and Frozen Fans Around the World Celebrate Unprecedented Global Product Launch
This member declared not having a position on this financial instrument or a related financial instrument.
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