uploads///DIS MACD on May

How Do Disney’s Technical Indicators Compare with Peers?


Dec. 4 2020, Updated 10:52 a.m. ET

Disney’s technical indicators

Key technical indicators include moving averages for a company over a particular time period and RSI (relative strength index). But in this part of our series on the Walt Disney Company (DIS), we’ll also look at MACD (moving average convergence divergence), which refers to the difference between a stock’s long-term and short-term moving averages. A positive MACD shows an upward trading trend, while a negative one shows a downward-moving trend.

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Disney’s MACD and moving averages

As the above chart indicates, Disney has a MACD of -1.3, while peers Twenty-First Century Fox (FOXA), Time Warner (TWX), and Comcast (CMCSA) have MACDs of -0.8, -0.2 and 0.3, respectively. These readings indicate that among peers, Comcast is the only stock that shows an upward trading trend.

Disney’s stock price closed at $107.27 on May 25. The stock is currently trading at -3.4% , -4.2%, and -2.5% to its 100-day, 50-day and 20-day moving averages of $111, $112, and $110, respectively.

Disney makes up 0.7% of the SPDR S&P 500 ETF (SPY). SPY has 4.3% of its total holdings in the computer sector.


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