Home > Boards > US Listed > Media - Conglomerates > The Walt Disney Co. (DIS)

2 Trendlines to Watch Ahead of Walt Disney

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
DiscoverGold Member Profile
Member Level 
Followed By 578
Posts 79,920
Boards Moderated 45
Alias Born 03/10/04
160x600 placeholder
Theme Park Stocks Fall Amid Coronavirus Variant Concerns Dow Jones News - 11/26/2021 12:36:00 PM
What Do Disney’s Risk Factors Tell Investors? TipRanks - 11/26/2021 2:55:14 AM
Disney+ Woes Overblown; Shares Oversold TipRanks - 11/25/2021 10:52:15 AM
Disney annual report presages monster content spending for coming year Seeking Alpha - 11/24/2021 6:45:41 PM
Disney's 'Encanto' seeks enchanting debut as Thanksgiving films roll out Seeking Alpha - 11/24/2021 4:03:10 PM
Disney Stock: Will its Tides Turn? TipRanks - 11/24/2021 7:39:11 AM
Disney sees price target cut at Wells Fargo due to Disney+ slowdown but overall bull thesis still locked in Seeking Alpha - 11/22/2021 8:41:58 AM
Disney World pauses vaccine mandate as protests grow over restrictions Seeking Alpha - 11/21/2021 11:35:55 AM
Disney boosting Hulu Live TV price, throwing in Disney+ and ESPN+ Seeking Alpha - 11/19/2021 12:28:51 PM
Disney taps former ABC, Netflix exec to lead TV entertainment Seeking Alpha - 11/17/2021 3:12:14 PM
Marvel's 'Eternals' repeats atop box-office, while 'Venom 2' passes $200 million Seeking Alpha - 11/15/2021 7:21:53 PM
New WallStreetBets data: Mentions of $DIS are surging on WallStreetBets Quiver Quantitative - 11/15/2021 7:00:20 AM
Disney Launches “Mickey and Friends Stay True: Stay-Cation,” Inviting Fans to Spend Quality Time With Their Friends and Family While Exploring Their Local Cities Business Wire - 11/15/2021 6:00:00 AM
Tech Roundup: Disney+ Day leads a week highlighted by streaming TV Seeking Alpha - 11/13/2021 10:00:00 AM
Disney's 'Eternals' likely to hold off 'Big Red Dog' in movie weekend Seeking Alpha - 11/12/2021 5:54:32 PM
Disney+ Day launches with 'Shang-Chi' release, flood of content and promotions Seeking Alpha - 11/12/2021 10:29:11 AM
Disney: Brushing aside Near-Term Pain TipRanks - 11/12/2021 9:36:04 AM
Why did Disney stock slide today? Silver lining delayed to later in 2022 Seeking Alpha - 11/11/2021 3:35:01 PM
Disney's Stock Falls on Streaming Growth Slowdown Dow Jones News - 11/11/2021 1:37:00 PM
Disney Down Over 7%, Worst Performer in the DJIA So Far Today -- Data Talk Dow Jones News - 11/11/2021 12:00:00 PM
DiscoverGold Member Level  Wednesday, 08/11/21 01:05:40 PM
Re: None
Post # of 4441 
2 Trendlines to Watch Ahead of Walt Disney Earnings
By: Schaeffer's Investment Research | August 11, 2021

• Walt Disney reports earnings after the market closes on Thursday, Aug. 12

• DIS has a history of meager post-earnings moves

We might be on the back nine of this earnings season, but there's still plenty of corporate reports that could trigger broad market reactions. Perhaps most notable is entertainment mogul Walt Disney Co. (NYSE:DIS), which is slated to report fiscal third-quarter earnings after the close tomorrow, Aug. 12. Given the company's prolific role in the "streaming wars," Disney+ numbers could shed some light on post-pandemic trends, while also underscoring the impact of the delta variant on reopening measures.

Walt Disney stock has a rather muted history of post-earnings moves. In the last eight quarters, five have been to the downside, including a 4.9% drop in August 2019. Overall, DIS averages a post-earnings move of 3.3%, regardless of direction, the last two years. This time around, the options market is pricing in a slightly larger-than-usual move of 5.1%.

On the charts, Walt Disney stock is battling with its year-to-date breakeven level. The shares' 200-day moving average has stepped up as recent support, a trendline that hasn't been breached on a closing basis since October 2020. Longer term, DIS is up 36% year-over-year.



You won't find much sideline money surrounding the blue-chip stock. The majority of analysts rate DIS a "buy" or better, with zero "sells" on the books. And among short sellers, a slim 12% of the stock's total available float is sold short.

But if you're an investor looking to hedge DIS' post-earnings reaction or keep an eye on the aforementioned trendlines, options may present an affordable route. Walt Disney's 30-day at-the-money (ATM) implied volatility (IV) of 26.6% ranks in the 19th annual percentile, meaning short-term options premiums are pricing in relatively low expectations at the moment.

Read Full Story »»»

DiscoverGold

Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
• DiscoverGold
Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences