Walt Disney Co.(DIS) has rising momentum with an uptrend

(29-Apr-2008) (29-Apr-2008) Walt Disney Co.(DIS) closed at 32.76, up 0.33 or 1.02 % for the day. Based on our analysis, Walt Disney Co.(DIS) has rising momentum with an uptrend.

The closing price of Walt Disney Co.(DIS) is above its 50 day moving average of 31.58 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that Walt Disney Co.(DIS) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 21-Apr-2008, about 8 trading days ago.