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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 $116.29 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.

Over the past year, Walt Disney Co has traded in a range of $96.80 to $118.10 and is now at $116.97, 21% above that low. The 200-day and 50-day moving averages have moved 0.07% higher and 0.17% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Walt Disney Co on September 24th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $112.42. Since that recommendation, shares of Walt Disney Co have risen 3.2%. We continue to monitor DIS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses Walt Disney Co

Ticker(s): DIS