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Advanced TA SearchArchive
- 9/22/2023 -
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Walt Disney Co. (DIS) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Walt Disney Co. (DIS). During the week, the DIS dropped -4.33 points, or -5.06%, and closed at 81.25 on Friday, September 22, 2023. It was the worst weekly loss since May 12, 2023. Weekly volume was 6% above average.
DIS is a member of Communication Services Sector. Communication Services is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See DIS long-term trend chart]
A long-term downtrend had started on March 8, 2021 at 203.02 and reached 79.75 on September 7, 2023. DIS lost 123.27 points, or 60.72%, in 130 weeks. Price is near the trend low.
Medium-term trend: [See DIS medium-term trend chart]
A medium-term downtrend had started on February 9, 2023 at 118.18 and reached 79.75 on September 7, 2023. DIS lost 38.43 points, or 32.52%, in 30 weeks. Price is near the trend low.
 Weekly Technical Indicators: [See DIS weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since May 12, 2023. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See DIS short-term trend chart]
A short-term uptrend had started on September 7, 2023 at 79.75 and reached 86.19 on September 15, 2023. DIS gained -6.44 points, or -8.08%, in 8 days. The price is now at the 76.71% retracement level.
 Daily Technical Indicators: [See DIS daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since September 12, 2023. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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