Walt Disney Co (DIS) 3 Day Down Streak Snapped

Walt Disney Co 4 Hour Price Update

Updated June 30, 2020 04:30 PM GMT (12:30 PM EST)

DIS traders saw its share price decline -0.12% ($-0.13) over the past four hours of trading. For context, Walt Disney Co’s peers in the in the Entertainment industry are down -0.38% on average in this time, while its counterparts in the broader Consumer Cyclical sector are up by an average of 0.42%.

Walt Disney Co Daily Price Recap

The end of a 3 day negative run has come for Walt Disney Co, which finished yesterday up 2.22% ($2.42). The price move occurred on volume that was down 34.44% from the day prior, but up 4.5% from the same day the week before. Below is a daily price chart of Walt Disney Co.

Walt Disney Co Technical Analysis

Coming into today the current price of Walt Disney Co is sitting close to its 50 and 100 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 14 days Walt Disney Co’s price has gone up 7 them.

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about DIS:

    $DIS so 6,000 employees sign a petition asking Disney to push back opening date. Now they say they will not test a single employee. Company really cares about their employees…embarrassing for such a liberal company to not care at all about employee safety in a time like this.

    Jwalt86