Walt Disney Technical Analysis (NYSE:DIS)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Walt Disney stock price data and volume are plotted in DIS stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Walt Disney. Technical analysis uses an approach for Walt Disney stock analysis that does not care for the fair value of a company but uses price and volume data only.
Walt Disney Moving Average
Moving averages help predict the price direction of DIS stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $113.05 is above the last closing price of $111.99 and the 50 day moving average of $109.3 is below the last closing price of $111.99. The 10 and 20 day periods can predict short term moving average trends.
Walt Disney Bollinger Bands
Bollinger bands comprise of a center line usually DIS SMA, and two DIS stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Walt Disney bollinger bands show that the stock price is $111.99, upper band is 115.86, lower band is 110.25, and the average is 113.05.
Walt Disney Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Walt Disney MACD indicator can be used to identify bullish and bearish trends for the stock.
Walt Disney Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 49.34 is the RSI value of DIS stock.