In this part of the series, we’ll look at The Walt Disney Company’s (DIS) technical indicators and compare them to other media companies.
100-day moving averages
On May 11, 2017, Disney was trading 0.4% below its 100-day moving average of $110. In comparison, Time Warner (TWX) was trading 1.9% above its 100-day moving average and Twenty-First Century Fox (FOXA) was trading 4.9% below its 100-day moving average. Comcast (CMCSA) was trading 6.1% above its 100-day moving average.
Relative strength index
Disney currently has a 14-day RSI of 30, which puts it at an oversold level. In comparison, Comcast also has a 14-day RSI of 62, which traders see as approaching an overbought level.
Disney makes up 0.7% of the SPDR S&P 500 ETF (SPY). SPY has holdings of 4.3% in the computer sector.