The creator of Mickey Mouse trades in profit, rising by 2.67%.
The weekly analysis of the stock versus the Dow Jones shows a weakening versus the index in terms of relative strength of Walt Disney, which is doing worse than the reference market.
The medium-term technical status of the entertainment giant remains negative. In the short term, however, we highlight an improvement in bullish strength, with the curve meeting the first resistance area at 89.09 USD, while the supports are estimated at 87.67. The technical implications lean in favor of a new bullish trend with a target estimated likely in the 90.52 area.
The indications are to be considered merely informational tools, and are in no way intended to constitute financial advice, solicitation to public savings or promotion of any form of investment.
(By the Teleborsa Research Office)
