WALT DISNEY CO/THE (DIS) Stock Technical Analysis
NYSE:DIS • US2546871060
Overall DIS gets a technical rating of 0 out of 10. DIS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, DIS is a bad performer in the overall market: 70% of all stocks are doing better.
- DIS has an average volume of 11649100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- DIS is an average performer in the Entertainment industry, it outperforms 59% of 80 stocks in the same industry.
- DIS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DIS is lagging the market.
- In the last month DIS has a been trading in the 101.02 - 112.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, DIS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 109.61. Right above this resistance zone may be a good entry point.
More info and screens
100.92
We found 2 important support areas.
- Support @104.28 from a horizontal line in the weekly time frame.
- A support zone ranging from 101.94 to 101.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 109.61 to 110.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 113.18 to 116.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @118.86 from a horizontal line 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 | DOWN | NEGATIVE | The short term trend for DIS is down. |
| ChartMill Relative Strength | 30.47 | NEUTRAL | DIS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DIS is below 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) | UP | MIXED | The current price of DIS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.68 | NEUTRAL | The RSI value for DIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests DIS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.98 | NEUTRAL | The Stochastics value for DIS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for DIS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.15 | NEGATIVE | The low ADX value for DIS suggests a weak or negative trend. |
105.58
-0.42 (-0.4%)
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.
Can you provide the trend direction for WALT DISNEY CO/THE?
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 44.6807. This indicates that the stock is currently neutral.
What is the MACD signal for WALT DISNEY CO/THE (DIS) stock?
The MACD indicator for WALT DISNEY CO/THE (DIS) has a value of -0.0848136, indicating a bearish trend.
What is the buy/sell signal for WALT DISNEY CO/THE (DIS) stock?
The buy/sell signal for WALT DISNEY CO/THE (DIS) is sell as both the short term and long term trends are negative.