DISCOVERY INC - A (DISCA) Technical Analysis
NASDAQ:DISCA
Current stock price
DISCA Technical Rating and Analysis
Overall DISCA gets a technical rating of 1 out of 10. DISCA'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 83% of all other stocks performed better in the past year than DISCA.
- DISCA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DISCA is lagging the market.
- In the last month DISCA has a been trading in the 22.50 - 27.66 range, which is quite wide. It is currently trading near the lows of this range.
- DISCA has an average volume of 8896410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- DISCA is an average performer in the Media industry, it outperforms 45% of 91 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
DISCA Weekly and Daily overview Charts
DISCA Setup Rating and Analysis
The technical rating of DISCA is bad and it also does not present a 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
DISCA Support and Resistance Analysis
22.04
We found 3 important support areas.
- Support @24.10 from a trend line in the weekly time frame.
- Support @23.28 from a horizontal line in the weekly time frame.
- Support @22.26 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 25.49 to 25.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 27.03 to 27.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.33 from a trend line in the daily time frame.
- Resistance @31.20 from a horizontal line in the daily time frame.
DISCA Technical Indicator Signal Analysis
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 DISCA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DISCA is down. |
| ChartMill Relative Strength | 17.25 | NEGATIVE | DISCA has a low relative strength, it was outperformed by 82.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DISCA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DISCA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DISCA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.26 | NEUTRAL | The RSI value for DISCA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests DISCA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.68 | NEUTRAL | The Stochastics value for DISCA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.87 | MEDIUM VOLATILITY | The ATR as a percentage value for DISCA suggests some volalility. |
DISCA Chart- and CandleStick Pattern Analysis
DISCA Technicals: Chart, Performance Metrics, Trend & Indicators
24.43
+1.36 (+5.9%)
DISCOVERY INC - A / DISCA TA FAQ
What is the technical rating for DISCA stock?
ChartMill assigns a technical rating of 1 / 10 to DISCA.
What is the current trend direction of DISCOVERY INC - A (DISCA) stock?
The current trend direction for DISCOVERY INC - A (DISCA) is Bearish.
What is the RSI signal for DISCOVERY INC - A (DISCA) stock?
DISCOVERY INC - A (DISCA) has an RSI value of 43.2618. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DISCOVERY INC - A?
The MACD indicator for DISCOVERY INC - A (DISCA) has a value of -0.17098, indicating a bearish trend.
What is the support and resistance level for DISCA stock?
DISCOVERY INC - A (DISCA) has a support level at 24.1 and a resistance level at 25.49. Check the full technical report for our detailed analysis of DISCA support and resistance levels.