Disney's most recent trend suggests a bearish bias. One trading opportunity on Disney is a Bear Call Spread using a strike $110.00 short call and a strike $120.00 long call offers a potential 6.04% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $110.00 by expiration. The full premium credit of $0.57 would be kept by the premium seller. The risk of $9.43 would be incurred if the stock rose above the $120.00 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 23.13 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Disney
Disney's 1995 Deal For ABC Made Buffett Billions By Marrying Mickey Mouse With SportsCenter
Tue, 23 May 2017 10:00:00 +0000
Disney's $19 billion mega deal for Capital Cities/ABC in 1995, pairing the Mouse and friends with SportsCenter, was the rare big-media consolidation that actually worked.
[$$] Remember ‘Avatar’? Disney Hopes So With $500 Million Bet on Theme Park
Tue, 23 May 2017 04:51:55 +0000
Disney is betting the most successful movie ever will prolong a hot streak for its theme parks. But will tourists flock to a place inspired by an eight-year-old film?
Zack Snyder Leaves ‘Justice League,' Joss Whedon To Help Finish The Film
Mon, 22 May 2017 22:40:00 +0000
Snyder will step away from the movie after a family tragedy, while Whedon has been tasked with finishing the picture.
Consumer Companies’ Analyst Ratings for May 15–19, 2017
Mon, 22 May 2017 21:06:17 +0000
Dr Pepper Snapple Group's (DPS) stock was upgraded by Morgan Stanley on May 16, 2017, to “overweight” from “equal weight.”
Conservatives are very angry that their favorite American sitcom was canceled
Mon, 22 May 2017 19:15:28 +0000
To many of its conservative fans, the ABC sitcom Last Man Standing has been a rare find, an outlier in what they would argue is a sea of Hollywood liberal elitism. Both its star, the comedian Tim Allen, and the character he plays are outspoken about their right-of-center values. So when the network canceled the…
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