Friday May 24, 2019 Change 0.00% Price $33.00
Chart period: 2019-02-25 - 2019-05-24
VOLUME
Sell
TREND
Buy
MV LONG
Sell

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

Will DISCB stock price go up or down on Tue, 28 May 2019?

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Discovery Communications Inc Forecast and Stock Analysis

Technical DISCB stock analysis for Friday May 24, 2019.

Sell candidate since 2019-05-09 Gain 3.13%
Shorts n/a
Insider % n/a
Institutional % n/a
Beta -0.08
ROA 2.32%
Price to book USD 1.99
P/E Ratio 24.03
Next Earnings Date 2019-08-01


No changes to the price of Discovery Communications Inc in the last trading day ( Friday, 24th May 2019 ). During day the stock fluctuated 0.00% from a day low at $33.00 to a day high of $33.00. The price has been going up and down for this period, and there has been a 3.06% gain for the last 2 weeks.

Quick summary:

  • 30 day high of the DISCB stock price was $40.14 and low was $27.80.
  • 90 day high was $40.14 and low was $27.80.
  • 52 week high for the Discovery Communications Inc - $40.50 and low - $25.45.

Trend

Discovery Communications Inc lies in the middle of a very 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 10.41% during the next 3 months and, with 90% probability hold a price between $31.23 and $45.13 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

A buy signal was issued from a pivot bottom point on Wednesday May 22, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Discovery Communications Inc holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $33.92. On a fall, the stock will find some support from the short-term average at $32.64. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

The stock had a Golden Star Signal* on Wednesday November 14, 2018 in the medium-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 32 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $30.78 and $30.15.

There is 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, Discovery Communications Inc finds support just below today's level at $30.78. If this is broken, then the next support from accumulated volume will be at $30.15 and $27.80.

Support: $30.78 Price: $33.00 Resistance: $34.60

Risk

This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.00 between high and low, or 0.00%. For the last week the stock has had a daily average volatility of 5.95%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

5.95 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

DISCB $33.00 ($0.00 0.00%)
DISCB is down $0.00 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for DISCB based on the 1-3 month system that more than doubles the S&P 500.

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Will DISCB stock price go up or down
on Tue, 28 May 2019?

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