Disney (DIS) Closes Last Hour Down $-1.14; Moves Down For the 2nd Consecutive Day, in an Uptrend Over Past 90 Days
This is the 2nd straight hour disney has seen its price head down.
DIS
(Last Updated January 18, 2021)
Hello! This is the news page for Walt Disney Co. Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
The Trend
A trend/countertrend situation exists on DIS, in which a downtrend exists on shorter timeframes but an uptrend appears on the 90 and 30 day timeframes. As such, traders with short positions should be aware of the uptrend in place on the longer timeframes.
DIS Moving Averages
The moving averages on DIS summarize its price action in an interesting way. Of the 20, 50, 100, and 200 day averages — three of them (all but the 20) — are bullish, suggesting the trend is generally upward, save for a decline that occurred about 3 weeks ago.
The chart below illustrates.
Disney (DIS) Price Near $171.38; Heads Down For the 2nd Straight Day, in an Uptrend Over Past 90 Days
As for how volume fared, yesterday’s volume was up 36.52% from the previous day (saturday), and up 62.65% from sunday of the week before.
Disney (DIS) Closes Last Hour Down $-0.28; in an Uptrend Over Past 30 Days, Nears 20 Day Moving Average, 2 Day Up Streak Broken
It’s been a feast for bears operating on an hourly timeframe, as disney has now gone down 4 of the past 5 hours.
Disney (DIS) Closes Prior Hour Down -0.6%; in an Uptrend Over Past 14 Days, 2 Day Up Streak Broken
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe.
Disney (DIS) Price Near $178.50; in an Uptrend Over Past 30 Days
This move is a reversal from the hour prior, which saw price move up.
Disney (DIS) Closes Last Hour Up $0.15; in an Uptrend Over Past 30 Days, 2 Day Up Streak Snapped
Hhse is one to keep an eye on here with a current share price of .015 and a market cap of approximately 13 million.
Disney (DIS) Price Near $181.19; Heads Up For the 2nd Straight Day, in an Uptrend Over Past 14 Days, Pin Bar Pattern Appearing on Chart
For additional context, note that price has gone up 17 out of the past 30 days.
Disney (DIS) Price Near $177.42; in an Uptrend Over Past 30 Days, 3 Day Up Streak Broken
This move happened on lower volume, as yesterday’s volume was down 48.52% from the day before — and down 24.8% from the same day the week before.
Disney (DIS) Price Near $173.70; Moves Up For the 2nd Consecutive Day, in an Uptrend Over Past 30 Days, Pin Bar Pattern Appearing on Chart
And i love disney plus, it doesn’t come close to justifying the valuation though.
Disney (DIS) Closes Last Hour Down $-0.17; in an Uptrend Over Past 30 Days, Moves Down For the 3rd Straight Day
This is the 2nd hour in a row disney has seen its price head down.