How Disney’s Technical Indicators Compare to Its Peers’



Technical parameters

Traders and investors analyze technical aspects of a company when making market entry and exit decisions. Moving averages and RSI (relative strength index) are among the most widely used technical indicators.

Generally, an RSI of below 30 signifies that a stock has been oversold, while an RSI of above 70 indicates that a stock has been overbought. In this part of the series, we’ll look at The Walt Disney Company’s (DIS) technical indicators and compare them with those of other media companies.

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100-day moving averages

On August 1, 2016, Disney was trading 3.5% below its 100-day moving average of $99. In comparison, Viacom (VIAB) was trading 6% above its 100-day moving average, and 21st Century Fox (FOXA) was trading 8% below its 100-day moving average. CBS (CBS) was trading 4% below its 100-day moving average.

Relative strength index

Disney currently has a 14-day RSI of 32, which puts it at oversold levels. In comparison, Viacom has a 14-day RSI of 50, which traders see as approaching overbought levels.

Disney makes up 0.76% of the SPDR S&P 500 ETF (SPY). SPY has holdings of 3.6% in the computers sector.


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