• Return to Headlines

Watch for Shares of Walt Disney Co (DIS) to Approach Resistance at $110.06

By Nick Russo

Shares of Walt Disney Co (NYSE:DIS) opened today above their pivot of $107.66 and have already reached the first level of resistance at $108.92. Analysts will be watching for a cross of the next upside pivot targets of $110.06 and $112.46.

In the past 52 weeks, shares of Walt Disney Co have traded between the current low of $0.00 and a high of $153.41 and are now at $0.00. The 200-day and 50-day moving averages have moved 0.14% lower and 0.19% lower over the past week, respectively.

Potential upside of 0.0% exists for Walt Disney Co, based on a current level of $0.00 and analysts' average consensus price target of $120.95. The stock should find initial resistance at its 50-day moving average (MA) of $102.43 and further resistance at its 200-day MA of $129.70.

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: pivot alerts Walt Disney Co

Ticker(s): DIS