WALT DISNEY CO.
WALT DISNEY CO.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: DIS
ISIN:

WALT DISNEY CO. - 1H - Technical analysis published on 09/30/2020 (GMT)

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  • Timeframe : 1H
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  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Neutral
De fond: Bearish
Technical indicators
22%
33%
44%
My opinion
Bearish under 126.86 USD
My targets
123.59 USD (-0.87%)
121.69 USD (-2.39%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 126.86 USD remains possible. It is advisable to trade WALT DISNEY CO. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 126.86 USD. The next bearish objective for sellers is set at 123.59 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 121.69 USD. In case of crossing, the next objective would be the support located at 112.51 USD. PS: if there is a bullish break in the resistance located at 126.86 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.6

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The WALT DISNEY CO. price is 124.67 USD. The price registered a decrease of -0.58% on the session and was traded between 123.24 USD and 125.55 USD over the period. The price is currently at +1.16% from its lowest and -0.70% from its highest.

123.24
125.55
124.67

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of WALT DISNEY CO. indicates that the overall trend is bearish. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 8 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 112.51 121.69 123.59 124.67 126.86 128.15 130.92
Change (%) -9.75% -2.39% -0.87% - +1.76% +2.79% +5.01%
Change -12.16 -2.98 -1.08 - +2.19 +3.48 +6.25
Level Major Major Minor - Minor Intermediate Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard121.34122.51123.95125.12126.57127.74129.18
Camarilla124.68124.92125.16125.40125.64125.88126.12
Woodie121.48122.58124.09125.19126.71127.81129.32
Fibonacci122.51123.51124.12125.12126.12126.74127.74


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard114.01117.39120.70124.08127.39130.77134.08
Camarilla122.16122.77123.39124.00124.61125.23125.84
Woodie113.97117.37120.66124.06127.35130.75134.04
Fibonacci117.39119.95121.53124.08126.64128.22130.77


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard97.76106.56119.21128.01140.66149.46162.11
Camarilla125.97127.94129.90131.87133.84135.80137.77
Woodie99.70107.52121.15128.97142.60150.42164.05
Fibonacci106.56114.75119.81128.01136.20141.26149.46

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 47.72
MACD (12,26,9): 0.0500
Directional Movement: -9.87
AROON (14): -71.42
DEMA (21): 124.83
Parabolic SAR (0,02-0,02-0,2): 123.29
Elder Ray (13): -0.17
Super Trend (3,10): 123.49
Zig ZAG (10): 124.65
VORTEX (21): 1.0600
Stochastique (14,3,5): 40.42
TEMA (21): 125.14
Williams %R (14): -61.33
Chande Momentum Oscillator (20): -1.92
Repulse (5,40,3): 0.5400
ROCnROLL: 2
TRIX (15,9): 0.0100
Courbe Coppock: 1.14
MA7: 124.72
MA20: 129.24
MA50: 127.28
MA100: 121.78
MAexp7: 124.80
MAexp20: 124.79
MAexp50: 125.44
MAexp100: 127.15
Price / MA7: -0.04%
Price / MA20: -3.54%
Price / MA50: -2.05%
Price / MA100: +2.37%
Price / MAexp7: -0.10%
Price / MAexp20: -0.10%
Price / MAexp50: -0.61%
Price / MAexp100: -1.95%

Quotes : 2020-09-30 16:17:16 - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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