RSI low/high Values: [ 25 - 75 ]
* uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of DIS
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Disney stock price ended on $109.42 on Tuesday after gaining 1.62%
(Updated on Feb 27, 2024)

Buy or Hold candidate since Jan 18, 2024 Gain 18.66% PDF
The Disney stock price gained 1.62% on the last trading day (Tuesday, 27th Feb 2024), rising from $107.68 to $109.42. During the last trading day the stock fluctuated 1.67% from a day low at $107.78 to a day high of $109.58. The price has been going up and down for this period, and there has been a 0.12% gain for the last 2 weeks. Volume fell on the last day by -556 thousand shares and in total, 7 million shares were bought and sold for approximately $719.69 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 20.05% during the next 3 months and, with a 90% probability hold a price between $119.01 and $137.64 at the end of this 3-month period.

DIS Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, February 15, 2024, and so far it has fallen -2.69%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The Disney stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $108.74 and $99.86. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

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Support, Risk & Stop-loss for Disney stock

Disney finds support from accumulated volume at $108.39 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.80 between high and low, or 1.67%. For the last week, the stock has had daily average volatility of 1.57%.

Our recommended stop-loss: $105.28 (-3.78%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 7 days ago.)

Trading Expectations (DIS) For The Upcoming Trading Day Of Wednesday 28th

For the upcoming trading day on Wednesday, 28th we expect Walt Disney Company (The) to open at $108.93, and during the day (based on 14 day Average True Range), to move between $107.15 and $111.69, which gives a possible trading interval of +/-$2.27 (+/-2.07%) up or down from last closing price. If Walt Disney Company (The) takes out the full calculated possible swing range there will be an estimated 4.15% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $108.39 (0.94%) than the resistance at $110.46 (0.95%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Walt Disney Company (The) stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Disney stock to perform well in the short-term.

Current score: 1.152 Open Broker Account

Buy Candidate Unchanged

Predicted Opening Price for Walt Disney Company (The) of Wednesday, February 28, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Fair opening price February 28, 2024 Current price
$108.93 ( 0.452%) $109.42

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Fibonacci Support & Resistance Levels

Level Price
Resistance R3 110.72 1.19 %
R2 110.04 0.564 %
R1 109.61 0.176 %
Current price: 109.42
Support S1 108.24 -1.08 %
S2 107.81 -1.47 %
S3 107.13 -2.09 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 112.45 2.77 %
R2 110.54 1.02 %
R1 110.46 0.95 %
Current price 109.42
Support S1 108.39 -0.94%
S2 99.14 -9.39%
S3 92.50 -15.46%
What is the symbol for Disney Stock and on which exchange is it traded?
The symbol for Disney is DIS and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Disney Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Disney stock to perform well in the short-term.

How to buy Disney Stock?
Disney Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Disney Stock.

What's the current price of Disney Stock?
As of the end of day on the 2024-02-27, the price of an Disney (DIS) share was $109.42.

What is the 52-week high and low for Disney Stock?
The 52-week high for Disney Stock is $112.92 and the 52-week low is $78.73.

What is the market capitalization of Disney Stock?
As of the 2024-02-27, the market capitalization of Disney is 200.709B.

When is the next earnings date for Disney?
The upcoming earnings date for Disney is May 08, 2024.

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About Walt Disney Company (The)

Disney The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic,... DIS Profile

Top Fintech Company featured in The Global Fintech Index 2020 as the top Fintech company of the country.

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