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Bullish Moving Average Cross by Walt Disney Co (DIS)

By David Diaz

Today, shares of Walt Disney Co (NYSE:DIS) have advanced above their 10-day MA of $102.14 on a volume of 2.3 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Walt Disney Co share prices have moved between a 52-week high of $116.10 and a 52-week low of $90.31 and are now trading 14% above that low price at $102.51 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has slid 0.3%.

SmarTrend is tracking the current trend status for Walt Disney Co and will alert subscribers who have DIS in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Walt Disney Co

Ticker(s): DIS