WALT DISNEY CO/THE (DIS) Stock Technical Analysis
NYSE:DIS - US2546871060 - Common Stock
117.91 USD
-0.9 (-0.76%)
117.9 USD
-0.01 (-0.01%)
Taking everything into account, DIS scores 5 out of 10 in our technical rating. In the last year, DIS was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
DIS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DIS is lagging the market slightly.
In the last month DIS has a been trading in the 111.54 - 119.78 range, which is quite wide. It is currently trading near the high of this range.
DIS has an average volume of 7871500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that DIS is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
DIS is part of the Entertainment industry. There are 79 other stocks in this industry, DIS did better than 62% of them.
Although the technical rating is only medium, DIS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 118.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 117.64, a Stop Loss order could be placed below this zone.
More info and screens
83.91
125.25
3 important support areas can be observed.
- A support zone ranging from 116.31 to 117.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 109.72 to 112.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @84.76 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 118.07 to 119.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 122.36 to 124.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DIS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DIS is neutral. |
| ChartMill Relative Strength | 77.19 | POSITIVE | DIS has a high relative strength, it outperformed 77.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DIS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DIS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DIS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.19 | NEUTRAL | The RSI value for DIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests DIS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.05 | NEUTRAL | The Stochastics value for DIS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for DIS suggests low volalility. |
| Average Directional Index/ADX (14) | 15.13 | NEGATIVE | The low ADX value for DIS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
117.91
-0.9 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.76%
1 Week0.23%
2 Weeks1.46%
1 Month4.46%
3 Month3.52%
6 Month11.75%
12 Month34.08%
2 Year45.48%
3 Year25%
5 Year-4.97%
10 Year15.37%
15 Year256.22%
Volatility
ATR(14)1.9
ATR(20)%1.68%
ATR Inc37.83%
Range Today2.08
ADR(20)1.89
ADR(20)%1.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.19
Mansfield0.05
10 Day High119.78
10 Day Low116
20 Day High119.78
20 Day Low111.54
52 Week High124.69
52 Week Low80.1
CS1 End117.64
CR1 Start118.07
Volume & EV
DER(3)-0.87%
DER(5)0.13%
Volume6.67M
Volume Incr-27.56%
Vol(5)6.23M
Vol(50)7.87M