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How Will the Market React to Walt Disney Co (DIS) Stock Getting a Bearish Rating

Thursday, September 01, 2022 11:44 AM | InvestorsObserver Analysts
How Will the Market React to Walt Disney Co (DIS) Stock Getting a Bearish Rating

Overall market sentiment has been down on Walt Disney Co (DIS) stock lately. DIS receives a Bearish rating 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 uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With DIS Stock Today?

Walt Disney Co (DIS) stock is trading at $110.78 as of 11:33 AM on Thursday, Sep 1, a decline of -$1.30, or -1.16% from the previous closing price of $112.08. The stock has traded between $110.40 and $111.79 so far today. Volume today is below average. So far 2,333,846 shares have traded compared to average volume of 11,711,871 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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