Walt Disney Breaks Above 200-Day Moving Average
Portfolio Pulse from
Walt Disney shares have crossed above their 200-day moving average, indicating potential positive momentum. The stock traded as high as $103.20, up 1.4% on the day.
November 13, 2024 | 10:15 pm
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POSITIVE IMPACT
Walt Disney shares have crossed above their 200-day moving average of $101.31, reaching as high as $103.20. This technical indicator suggests potential positive momentum for the stock.
Crossing above the 200-day moving average is a bullish technical signal, often indicating potential upward momentum. The stock's increase of 1.4% on the day supports this positive outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100