WALT DISNEY CO/THE (DIS) Stock Technical Analysis
NYSE:DIS - New York Stock Exchange, Inc. - US2546871060 - Common Stock - Currency: USD
Taking everything into account, DIS scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, DIS has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
DIS is one of the better performing stocks in the Entertainment industry, it outperforms 70% of 72 stocks in the same industry.
DIS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DIS has a been trading in the 111.84 - 124.69 range, which is quite wide. It is currently trading near the high of this range.
DIS has an average volume of 10598200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, DIS did better than 86% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Although DIS has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
83.42
125.25
We found 3 important support areas.
- A support zone ranging from 117.63 to 120.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 109.45 to 109.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @84.26 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 122.99 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 | UP | POSITIVE | The short term trend for DIS is up. |
| ChartMill Relative Strength | 86.92 | POSITIVE | DIS has a high relative strength, it outperformed 86.92% 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) | UP | POSITIVE | The current price of DIS is above the rising 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) | 72.41 | OVERBOUGHT | The high RSI value suggests DIS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DIS has a negative trend. |
| Stochastics (14,3) | 87.63 | OVERBOUGHT | The high Stochastics value suggests DIS may be overbought. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for DIS suggests low volalility. |
| Average Directional Index/ADX (14) | 45.98 | POSITIVE | The high ADX value value for DIS suggests a strong 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)
122.98
-0.51 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.41%
1 Week2.98%
2 Weeks4.11%
1 Month8.26%
3 Month47.23%
6 Month10.63%
12 Month25.5%
2 Year38.35%
3 Year15.91%
5 Year5.17%
10 Year2.48%
15 Year265.03%
Volatility
ATR(14)1.84
ATR(20)%1.63%
ATR Inc-36.04%
Range Today1.17
ADR(20)1.87
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.92
Mansfield1.15
10 Day High124.69
10 Day Low115.02
20 Day High124.69
20 Day Low111.84
52 Week High124.69
52 Week Low80.1
CS1 End121.59
CR1 Start122.35
Volume & EV
DER(3)2.46%
DER(5)2.27%
Volume7.32M
Volume Incr13.47%
Vol(5)10.89M
Vol(50)10.60M