Explanation to Bollinger's Bands

Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.

Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.

Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation

BandWidth defines the current width of the band.
%b defines the current position within the band.

BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)

Live Samples:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.

Source: http://www.bollingerbands.com

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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Green day on Wednesday for Disney stock after gaining 0.88%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Jan 18, 2024 Gain 31.20% PDF

The Disney stock price gained 0.88% on the last trading day (Wednesday, 27th Mar 2024), rising from $119.93 to $120.98. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.67% from a day low at $120.02 to a day high of $122.03. The price has risen in 7 of the last 10 days and is up by 7.54% over the past 2 weeks. Volume fell on the last day by -1 million shares and in total, 11 million shares were bought and sold for approximately $1.29 billion. 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.

The stock lies in the middle of a 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 33.75% during the next 3 months and, with a 90% probability hold a price between $155.31 and $170.11 at the end of this 3-month period.

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DIS Signals & Forecast

Mostly positive signals in the chart today. 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 $117.69 and $111.81. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, March 06, 2024, and so far it has risen 9.92%. 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 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.

Support, Risk & Stop-loss for Disney stock

On the downside, the stock finds support just below today's level from accumulated volume at $110.54 and $108.39. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Disney finds support just below today's level at $110.54. If this is broken, then the next support from accumulated volume will be at $108.39 and $99.14.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $2.01 (1.67%) between high and low. For the last week, the stock has had daily average volatility of 1.71%.

The Disney stock is extremely overbought on RSI14 (90). This increases the short-term risk substantially.

Our recommended stop-loss: $116.49 (-3.71%) (This stock has low daily movements and this gives low risk. The RSI14 is 90 and this increases the risk substantially. There is a buy signal from a pivot bottom found 15 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect Walt Disney Company (The) to open at $121.01, and during the day (based on 14 day Average True Range), to move between $118.75 and $123.21, which gives a possible trading interval of +/-$2.23 (+/-1.84%) 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 3.69% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $110.54, some $10.44 (8.63%) from the current price of $120.98, our system finds the risk reward attractive.

Is Walt Disney Company (The) stock A Buy?

Disney holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Current score: 7.187 Strong Buy Candidate Unchanged

Predicted Opening Price for Walt Disney Company (The) of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$121.01 ( 0.0238%) $120.98

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
Resistance R3 123.01 1.68 %
R2 122.25 1.05 %
R1 121.78 0.657 %
Current price: 120.98
Support S1 120.24 -0.610 %
S2 119.77 -1.00 %
S3 119.00 -1.63 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 120.98
Support S1 110.54 -8.63%
S2 108.39 -10.41%
S3 99.14 -18.05%

DIS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 07, 2024 Jul 08, 2024 Jul 25, 2024 $0.450 0.372%
2 Feb 07, 2024 Jul 05, 2024 Jul 25, 2024 $0.450 0.372%
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%

FAQ

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 and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

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 2024-03-27, the price of an Disney (DIS) share was $120.98.

What is the 52-week high and low for Disney Stock?
The 52-week high for Disney Stock is $122.03 and the 52-week low is $78.73.

What is the market capitalization of Disney Stock?
As of the 2024-03-27, the market capitalization of Disney is 224.445B.

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

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