Walt Disney Co (DIS) Down 1.74%, Crosses 100 Day Moving Average; in an Uptrend Over Past 14 Days

Walt Disney Co Daily Price Recap

The back and forth price flow continues for Walt Disney Co, which started today off at 117.83 US dollars, down 1.74% ($2.09) from yesterday. The change in price came along side change in volume that was down 31.64% from previous day, but up 4.33% from the Thursday of last week. Below is a daily price chart of Walt Disney Co.

Walt Disney Co Technical Analysis

First things first: Walt Disney Co crossed below its 100 day moving average yesterday. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For another vantage point, consider that Walt Disney Co’s price has gone down 8 of the previous 14 trading days.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to DIS:

    $MARK – 🔥 $MARK Earning next week, option call volume indicating huge moves coming 🚀 On the way to $10+ . They got Covid thermal temperature check with $wynn $dis malls etc. Huge demand for it in Coronavirus environment. $Fb $splk