The decline regains pace as sellers retake control
Disney drops 2.9% as momentum accelerates and sellers retake control
The decline regains pace as sellers retake control
Our view last week
Disney bounces 2.1% this week, after last week's 3.9% drop that confirmed the sell signal. But under the surface nothing has really improved: money flow keeps worsening, momentum is accelerating lower, and the price action shows an ongoing distribution phase. The stock is still boxed in near the double bottom in the 95 area, with the ADX flat below 12 — this technical analysis points to a low-energy decline, not spent yet.
This week's summary
Last week's bounce didn't hold: Disney stock drops 2.9% this week, with sellers back in control of volume and momentum accelerating lower to its worst reading in four weeks. Price is boxed between the daily pivot point, in the 96 area, and its average, in the 95 area. This week's technical analysis confirms the picture: RSI down to 40, MACD deepening negative, with the short already up 5.19%.
IQS Phase
87
in tension / maturity
Signal Strength
44
decline starting to make lower lows
Sizing
REDUCED
Ranking
#52 / 141
US stocks
Trade P&L %
+5.19%
from signal to today
Rank position
ranks 52nd among the 141 sell signals for US stocks in our ranking, with a signal strength of 44 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimeweak phase
Performanceweekly -5.22% · monthly -4.92%
DIS belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified weak phase according to our weekly reading.
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