DIS
📈 Disney’s stock surged over 10% in the week, closing near $105, after reporting earnings that beat estimates and raising its 2025 EPS guidance.
📊 Despite the positive news, Disney’s stock technically remains in a downtrend, trading within a three-year range between approximately $83 and $117.
⏳ Key resistance is noted at the 200-week moving average and the upper end of its trading range; a breakout above these levels is needed for a new bullish cycle.
@ClaveBursatilTV:
“We start in first place with Disney, which had a tremendous weekly candle, finishing at the week’s highs, near $105 per share, a rise of more than 10% this past week, after presenting a balance sheet that surpassed estimates in both revenue and profits, and also raised its earnings per share projections for the year 2025. From a technical perspective, Disney shares are still in a downtrend. However, observe that for approximately 3 years, it has been operating within a range that goes from the low zone around $83 approximately, and the high zone at $117. Notice that for the moment, it continues to operate within this price range in a large sideways movement. All these price levels, near $80, have been very good prices to buy this stock, but as long as it doesn’t manage to overcome these levels of the high zone of this range, it could continue in this lateral movement. And also, notice that we have the 200-week moving average acting as resistance. Well, we’ll see if Disney finally manages to break out of this sideways movement with this balance sheet and start a new bullish cycle.”
Watch the exact part of the video where Tincho from @ClaveBursatilTV talks about The Walt Disney Company here:
Watch the video on YouTube
Read more articles by the world’s top analysts on The Walt Disney Company (DIS) at the following link. DIS stock.
