Based on the provided data and recent market developments, here's the analysis for DIS's price prediction for next week:
Technical Analysis
The technical indicators show:
- RSI(14) at 59.32 indicates neutral momentum, with room for upward movement
- MACD at -0.37 suggests slight bearish pressure
- Price is trading above both SMA-20 (110.01) and SMA-200 (101.06), indicating overall bullish trend
News Impact
- Disney's upcoming Q1 2025 earnings report on Feb 5th will be crucial. Analysts expect EPS of $1.46 and revenue of $24.69 billion
- The company faces potential headwinds from:
- Wage increases and preopening expenses for new cruise lines
- Impact from previous natural disasters
- Modest Disney+ subscriber growth forecasts
Analyst Sentiment
- Wall Street maintains a "Strong Buy" rating with 20 Strong Buy, 2 Moderate Buy, and 7 Hold ratings
- Average price target is $128.76, suggesting 19.1% upside potential
- Notable upgrade from Redburn Atlantic with $147 price target
Price Prediction for Next Week
Based on Fibonacci levels:
- Resistance levels: R1: $112.19, R2: $113.89, R3: $116.65
- Support levels: S1: $106.66, S2: $104.96, S3: $102.19
- Pivot point: $109.42
Trading Recommendation
BUY with entry around $108-109 range
- Target 1: $112.19 (R1)
- Target 2: $113.89 (R2)
- Stop loss: $104.96 (S2)
Rationale:
- Strong analyst consensus and upcoming earnings catalyst
- Technical indicators showing potential upward momentum
- Multiple support levels providing downside protection
- Positive streaming business developments and strategic initiatives
Based on the provided data and recent market developments, here's the analysis for DIS's price prediction for next week:
Technical Analysis
The technical indicators show:
- RSI(14) at 59.32 indicates neutral momentum, with room for upward movement
- MACD at -0.37 suggests slight bearish pressure
- Price is trading above both SMA-20 (110.01) and SMA-200 (101.06), indicating overall bullish trend
News Impact
- Disney's upcoming Q1 2025 earnings report on Feb 5th will be crucial. Analysts expect EPS of $1.46 and revenue of $24.69 billion
- The company faces potential headwinds from:
- Wage increases and preopening expenses for new cruise lines
- Impact from previous natural disasters
- Modest Disney+ subscriber growth forecasts
Analyst Sentiment
- Wall Street maintains a "Strong Buy" rating with 20 Strong Buy, 2 Moderate Buy, and 7 Hold ratings
- Average price target is $128.76, suggesting 19.1% upside potential
- Notable upgrade from Redburn Atlantic with $147 price target
Price Prediction for Next Week
Based on Fibonacci levels:
- Resistance levels: R1: $112.19, R2: $113.89, R3: $116.65
- Support levels: S1: $106.66, S2: $104.96, S3: $102.19
- Pivot point: $109.42
Trading Recommendation
BUY with entry around $108-109 range
- Target 1: $112.19 (R1)
- Target 2: $113.89 (R2)
- Stop loss: $104.96 (S2)
Rationale:
- Strong analyst consensus and upcoming earnings catalyst
- Technical indicators showing potential upward momentum
- Multiple support levels providing downside protection
- Positive streaming business developments and strategic initiatives