Walt Disney Co (DIS) Down 0.67%

Walt Disney Co 4 Hour Price Update

Updated June 18, 2020 05:12 PM GMT (01:12 PM EST)

In the past four hours of today’s trading session, DIS’s price is down $-0.46 (-0.39%). To help put that in perspective, note that Walt Disney Co’s peers in the in the Entertainment industry are down -1.39% on average during this time, while its peers in the broader Consumer Cyclical sector are up by an average of 0.57%.

Walt Disney Co Daily Price Recap

The end of a 3 day positive run has come for Walt Disney Co, which finished yesterday down 0.67% ($0.79). This move happened on lower volume, as yesterday’s volume was down 31.1% from the day before — and down 35.62% from the same day the week before. Below is a daily price chart of Walt Disney Co.

Walt Disney Co Technical Analysis

Notably, Walt Disney Co is now close to its 20 day moving averages, which may act as price barrier for the asset. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 10 days Walt Disney Co’s price has gone up 6 them.

Overheard Around the Web

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

    $DIS why not get some $150 LEAPs here. Still cheap, and with Dis+, this is now competes with Netflix. I believe they still own a portion of Hulu. Parks reopening. Exponential growth with return to travel. Fed pumping. I go could on… put some shares in the retirement account

    swingtraderavi