Want to know the current price of Walt Disney and what’s next for DIS stock? On this page, we share the latest Walt Disney news and advice on buying stocks. You can also view the latest Walt Disney Stock Forecast for 2022 and 2023 from our experts.
Should You Buy or Sell Walt Disney Stock Today? To what levels can the shares of this company rise in a year, two, three? How much will Walt Disney papers cost in 2021, 2022, 2023? We have been making currency rate forecasts for a long time, and we can also predict the behavior of the stock market using technical analysis and simple indicators.
We also take into account the technical, fundamental analysis of stocks, the news background, the general geopolitical situation in the world and other, smaller factors. The stock forecasts indicate target levels for DIS shares, both up and down.
Walt Disney Stock Forecast for 2022 and 2023
Walt Disney quotes continue to move within the correction and the bullish channel. Moving averages indicate a short-term bearish trend in DIS stock. Prices are again testing the area between the signal lines, which indicates pressure from sellers of securities and a likely continuation of the fall in the near future. At the time of publication of the forecast, the share price is 222.67 per share. As part of the forecast, we should expect an attempt to develop a decline and test the support level near the area of 145.05. Further, the price bounces up and the continued rise in the value of securities. The potential target of such a movement in shares is the area above the level of 265.05 already in 2021, 2022, 2023.
An additional signal in favor of the growth of Walt Disney quotes will be a test of the trend line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the bullish channel. Cancellation of the option to raise the value of Walt Disney shares will be a fall and a breakdown of the level of 125.05. This will indicate a breakdown of the support area, in which case we can consider a continuation of the decline in securities to the area at the level of 80.55. It is worth waiting for confirmation of the rise in shares with a breakdown of the resistance area and closing above the level of 205.05.
Walt Disney Stock Forecast for 2022 and 2023 suggests an attempt to develop a decline and test the support area near the level of 145.05. Where should we expect a rebound and an attempt to continue the rise of shares in the area above the level of 265.05. In favor of the growth of securities, a test of the trend line on the relative strength index (RSI) will come out. Cancellation of the DIS rise option will be a fall and a breakdown of the level of 125.05. This will indicate a breakdown of the lower border of the channel and a continuation of the fall in value to the area below the level of 80.55.
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