WALT DISNEY CO/THE (DIS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DIS - US2546871060 - Common Stock
We assign a technical rating of 6 out of 10 to DIS. In the last year, DIS was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
DIS has an average technical rating and also the quality of the setup is only medium 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.
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100.92
3 important support areas can be observed.
- A support zone ranging from 107.42 to 111.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 104.28 to 104.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @101.94 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 114.78 to 115.72. 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.
- 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 | UP | POSITIVE | The short term trend for DIS is up. |
| ChartMill Relative Strength | 48.29 | NEUTRAL | DIS is not amongst the best or worst performers 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) | 64.69 | NEUTRAL | The RSI value for DIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.74 | POSITIVE | The MACD value suggests DIS has a positive trend. |
| Stochastics (14,3) | 94.81 | OVERBOUGHT | The high Stochastics value suggests DIS may be overbought. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for DIS suggests low volalility. |
| Average Directional Index/ADX (14) | 23.49 | NEUTRAL | The ADX value for DIS suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 115.73 | 108.54 | 7.19 (6.21%) | 16.10% |
| An entry @115.73. This is a Buy Stop order right above the resistance zone. | An exit @108.54. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 7.19 points, which is 6.21%. | When investing 16.10% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
114.48
+1.26 (+1.11%)
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 6 / 10 to DIS.
What is the trend direction for DIS stock?
The current trend direction for WALT DISNEY CO/THE (DIS) is Bullish.
What is the RSI signal for WALT DISNEY CO/THE (DIS) stock?
WALT DISNEY CO/THE (DIS) has an RSI value of 64.6869. 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 0.736934, indicating a bearish trend.
What is the short term momentum for DIS stock?
The short term momentum for WALT DISNEY CO/THE (DIS) is positive.