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Next Resistance Level for Walt Disney Co (DIS) is $110.83

By Amy Schwartz

Shares of Walt Disney Co (NYSE:DIS) have bullishly opened above the pivot of $105.62 today and have reached the first resistance level of $108.57. Should the shares continue to rise, the resistance pivots of $110.83 and $116.04 will be of interest.

Walt Disney Co has overhead space with shares priced $108.61, or 10.2% below the average consensus analyst price target of $120.95. Walt Disney Co shares have support at the 200-day moving average (MA) of $103.15 and additional support at the 50-day MA of $101.49.

In the past 52 weeks, shares of Walt Disney Co have traded between a low of $96.20 and a high of $113.19 and are now at $108.61, which is 13% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.

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: pivot alerts Walt Disney Co

Ticker(s): DIS