Disney tries to vent off oversold saturation - Analysis - 04-10-2021
2021-10-04 11:41:25 GMT
(Economies.com)
Disney's stock (DIS) rose 4.04% in the last session amid attempts to vent off oversold saturation in the RSI amid positive signals out of it, with the dominance of the downward correctional short-term trend, coupled with negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the pivotal support of 167.10, provided the resistance of 175.65 holds on.
Expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.0735
|
0.0082
|
0.7688%
|
|
|
|
|
1.2534
|
-0.0028
|
0.2265%
|
|
|
|
|
22.106
|
0.194
|
0.888%
|
|
|
|
|
110.300
|
0.161
|
0.146%
|
|
|
|
|
113.73
|
0.32
|
0.28%
|
|
|
|
|
1866.300
|
9.865
|
0.531%
|
|
News Today
2022-05-24 16:11:05 GMT
2022-05-24 12:12:51 GMT
2022-05-24 11:17:54 GMT
2022-05-24 09:28:55 GMT