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Walt Disney Co Bearish Moving Average Crossover Alert (DIS)

By Amy Schwartz

Today, shares of Walt Disney Co (NYSE:DIS) have crossed bearishly below their 10-day moving average of $110.46 on a volume of 795K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Walt Disney Co share prices have been bracketed by a low of $96.80 and a high of $117.90 and are now at $110.19, 14% above that low price. The 200-day and 50-day moving averages have moved 0.14% higher and 0.39% higher over the past week, respectively.

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