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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us 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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Stock Analysis
Risk Assessment
Trading Strategy

Green day on Thursday for Disney
(Updated on Jun 20, 2024)

Hold candidate since Jun 17, 2024 Gain 0.32% PDF

The Disney stock price gained 0.335% on the last trading day (Thursday, 20th Jun 2024), rising from $101.50 to $101.84. During the last trading day the stock fluctuated 1.55% from a day low at $100.38 to a day high of $101.94. The price has fallen in 6 of the last 10 days but is still up by 0.33% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 846 thousand more shares were traded than the day before. In total, 8 million shares were bought and sold for approximately $801.79 million.

The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -17.82% during the next 3 months and, with a 90% probability hold a price between $79.70 and $86.35 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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DIS Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 1.87%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Disney stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $103.89. On a fall, the stock will find some support from the short-term average at $100.94. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Disney stock

Disney finds support from accumulated volume at $101.52 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.56 between high and low, or 1.55%. For the last week the stock has had daily average volatility of 1.32%.

Our recommended stop-loss: $97.08 (-4.67%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 55 days ago.)

Trading Expectations (DIS) For The Upcoming Trading Day Of Friday 21st

For the upcoming trading day on Friday, 21st we expect Walt Disney Company (The) to open at $101.39, and during the day (based on 14 day Average True Range), to move between $100.04 and $103.64, which gives a possible trading interval of +/-$1.80 (+/-1.77%) 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 3.54% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $101.52 (0.31%) than the resistance at $102.77 (0.91%), 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?

Disney holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.500 Hold/Accumulate Unchanged

Predicted Opening Price for Walt Disney Company (The) of Friday, June 21, 2024

Fair opening price June 21, 2024 Current price
$101.39 ( 0.447%) $101.84

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

Trading levels for DIS

Fibonacci Support & Resistance Levels

Level Price
R3 102.94 1.08%
R2 102.35 0.497%
R1 101.98 0.136%
Price 101.84
S1 100.79 -1.03%
S2 100.42 -1.39%
S3 99.83 -1.97%

Accumulated Volume Support & Resistance Levels

Level Price
R3 118.98 16.83%
R2 105.39 3.49%
R1 102.77 0.91%
Price 101.84
S1 101.52 -0.314%
S2 101.50 -0.334%
S3 100.09 -1.72%

DIS Dividend Payout History

# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 07, 2024 Jul 08, 2024 Jul 25, 2024 $0.450 0.442%
2 Feb 07, 2024 Jul 05, 2024 Jul 25, 2024 $0.450 0.442%
3 Nov 30, 2023 Dec 08, 2023 Jan 10, 2024 $0.300 0.336%
4 Dec 04, 2019 Dec 13, 2019 Jan 16, 2020 $0.88 0.606%
5 Jun 26, 2019 Jul 05, 2019 Jul 25, 2019 $0.88 0.614%


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?
Disney holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

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 Jun 20, 2024, the price of an Disney (DIS) share was $101.84.

What is the 52-week high and low for Disney Stock?
The 52-week high for Disney Stock is $123.74 and the 52-week low is $78.73.

What is the market capitalization of Disney Stock?
As of the Jun 20, 2024, the market capitalization of Disney is 185.658B.

When is the next earnings date for Disney?
The upcoming earnings date for Disney is Aug 07, 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

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