Sentiment Score - ,bearish

Do Traders Think Walt Disney Co (DIS) Can Turn Around Thursday? – InvestorsObserver

The market has been down on Walt Disney Co (DIS) stock recently. DIS gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Walt Disney Co has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on DIS!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What’s Happening With DIS Stock Today?

Walt Disney Co (DIS) stock is trading at $177.04 as of 12:52 PM on Thursday, Sep 23, a gain of $3.35, or 1.93% from the previous closing price of $173.69. The stock has traded between $174.37 and $177.18 so far today. Volume today is light. So far 4,004,896 shares have traded compared to average volume of 8,917,372 shares.

More About Walt Disney Co

Walt Disney owns the rights to some of the most globally recognized characters, from Mickey Mouse to Luke Skywalker. These characters and others are featured in several Disney theme parks around the world. Disney makes live-action and animated films under studios such as Pixar, Marvel, and Lucasfilm and also operates media networks including ESPN and several TV production studios. Disney recently reorganized into four segments with one new segment: direct-to-consumer and international. The new segment includes the two announced OTT offerings, ESPN+ and the Disney SVOD service. The plan also combines two segments, parks and resorts and consumer products, into one. The media networks group contains the U.S. cable channels and ABC. The studio segment holds the movie production assets. Click Here to get the full Stock Report for Walt Disney Co stock.
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