DIS Rallies to $113.56 on Bullish EMA Alignment
BullishWalt Disney Co (DIS) closed down 0.81% at $113.56 on December 27.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($112.19) with a bullish stack. The 21-day EMA at $110.56 provides support.
Momentum
RSI at 63.4 is in neutral territory but trending higher. MACD is bullish (1.48 vs signal 0.82).
Volatility
Bollinger Band width at 11.5% indicates normal volatility.
Key levels to watch: Support at $103.12, Resistance at $115.67.