Disney's most recent trend suggests a bearish bias. One trading opportunity on Disney is a Bear Call Spread using a strike $180.00 short call and a strike $190.00 long call offers a potential 12.74% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $180.00 by expiration. The full premium credit of $1.13 would be kept by the premium seller. The risk of $8.87 would be incurred if the stock rose above the $190.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Disney is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Disney is bearish.
The RSI indicator is at 25.73 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
Cineworld celebrates strong reopening weekend as Peter Rabbit 2 pulls in punters
Mon, 24 May 2021 08:51:59 +0000
The world’s second largest cinema chain said its performance was boosted by family hit Peter Rabbit 2: The Runaway, as well as people indulging in popcorn which led to strong concession income.
What Disney's Q2 Earnings Say About fuboTV
Sat, 22 May 2021 13:15:00 +0000
Walt Disney (NYSE: DIS) and fuboTV (NYSE: FUBO) recently reported quarterly financial results. In that segment, Disney's results showed it lost 200,000 subscribers in the first quarter. In contrast, fuboTV added 42,550 subscribers.
ViacomCBS streaming head: We're ‘extremely well-positioned' vs. WarnerMedia, Discovery
Sat, 22 May 2021 11:00:43 +0000
ViacomCBS has been at the center of analyst chatter following the announcement of WarnerMedia and Discovery's merger.
Where to Invest $50,000…even if the Market Crashes
Sat, 22 May 2021 10:00:00 +0000
It's always a smart idea to include a few “safe haven” stocks in your portfolio. By this, I mean those that offer a track record of profit and earnings performance — and might even pay an interesting dividend. People usually can't forgo their products and services, so even during difficult times, we can count on revenue growth.
Actress Tika Sumpter and ‘Laugh Out Loud' Network's Thai Randolph on their outlook for Hollywood's recovery
Fri, 21 May 2021 21:59:01 +0000
Tika Sumpter, Actrss and Sugaberry Co-Founder and Thai Randolph, President & COO of “Laugh Out Loud” Networks and Co-Founder of Sugaberry, joined Yahoo Finance Live to discuss. their outlook for Hollywood's recovery.
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