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Walt Disney Co Bullish Moving Average Crossover Alert (DIS)

By Nick Russo

Today, shares of Walt Disney Co (NYSE:DIS) have advanced above their 10-day MA of $103.88 on a volume of 1.2 million shares. This may provide swing traders with 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 16% above that low price at $104.42 per share. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.7%.

SmarTrend is monitoring the recent change of momentum in Walt Disney Co. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Walt Disney Co in search of a potential trend change.

Keywords: moving crosses Walt Disney Co

Ticker(s): DIS