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:
A trend/countertrend situation exists on DIS, in which a downtrend exists on shorter timeframes but an uptrend appears on the 90 day timeframe. 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 fall that occurred about 3 weeks ago.
Below is a chart showing DIS’s price with its moving averages.