Disney's most recent trend suggests a bearish bias. One trading opportunity on Disney is a Bear Call Spread using a strike $95.00 short call and a strike $100.00 long call offers a potential 5.93% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $95.00 by expiration. The full premium credit of $0.28 would be kept by the premium seller. The risk of $4.72 would be incurred if the stock rose above the $100.00 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 62.76 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
Which sectors historically perform best late in bull runs?
Thu, 08 Jan 2015 05:01:40 GMT
Final Glance: Media companies
Wed, 07 Jan 2015 23:02:23 GMT
Final Glance: Media companies
Wed, 07 Jan 2015 23:02:23 GMT
Nine People Infected With Measles After Visits to Disney Parks
Wed, 07 Jan 2015 23:00:16 GMT
Ultra HD video surge coming to fuel 4K TV upgrade cycle
Wed, 07 Jan 2015 22:11:00 GMT
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