WALT DISNEY CO/THE (DIS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DIS - US2546871060 - Common Stock
Taking everything into account, DIS scores 0 out of 10 in our technical rating. DIS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
DIS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 106.22, a Stop Loss order could be placed below this zone.
More info and screens
100.92
We found 1 important support area.
- A support zone ranging from 101.94 to 106.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 114.78 to 116.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 118.86 to 119.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @122.36 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for DIS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DIS is neutral. |
| ChartMill Relative Strength | 28.17 | NEGATIVE | DIS has a low relative strength, it was outperformed by 71.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DIS is above a declining 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) | DOWN | NEGATIVE | The current price of DIS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.34 | NEUTRAL | The RSI value for DIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests DIS has a positive trend. |
| Stochastics (14,3) | 78.53 | NEUTRAL | The Stochastics value for DIS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for DIS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.66 | NEGATIVE | The low ADX value for DIS suggests a weak or negative trend. |
107.02
-0.61 (-0.57%)
WALT DISNEY CO/THE / DIS FAQ
What is the ChartMill technical rating of WALT DISNEY CO/THE (DIS) stock?
ChartMill assigns a technical rating of 0 / 10 to DIS.
What is the trend direction for DIS stock?
The current trend direction for WALT DISNEY CO/THE (DIS) is Bearish.
What is the RSI signal for WALT DISNEY CO/THE (DIS) stock?
WALT DISNEY CO/THE (DIS) has an RSI value of 49.3439. This indicates that the stock is currently neutral.
What is the MACD signal for DIS stock?
The MACD indicator for WALT DISNEY CO/THE (DIS) has a value of 0.496553, indicating a bearish trend.
What is the short term momentum for DIS stock?
The short term momentum for WALT DISNEY CO/THE (DIS) is neutral.