Walt Disney Company stock closed Thursday at $96.19, trapped below all three key daily moving averages. The EMA stack remains bearish, with DIS trading below its 20-day, 50-day, and 200-day EMAs. Short-term stabilization is visible, but the broader trend has not turned.

Key takeaways

• Walt Disney Company stock closed at $96.19, below its 20-day EMA ($97.04), 50-day EMA ($98.67), and 200-day EMA ($103.87), confirming a bearish EMA stack.
• The daily MACD histogram has turned positive at 0.23, suggesting bearish momentum is fading, though the overall MACD structure remains bearish.
• Disney reports quarterly earnings on August 5, alongside the expected closing of its A+E…