Logo image of DISCA

DISCOVERY INC - A (DISCA) Stock Technical Analysis

NASDAQ:DISCA - Nasdaq - Common Stock

24.43  +1.36 (+5.9%)

After market: 24.41 -0.02 (-0.08%)

Technical Rating and Analysis

1

Taking everything into account, DISCA scores 1 out of 10 in our technical rating. DISCA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
83% of all other stocks performed better in the past year than DISCA.
DISCA is currently trading near the lower end of its 52 week range, which is not a good sign. DISCA is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month DISCA has a been trading in the 22.50 - 27.66 range, which is quite wide. It is currently trading near the lows of this range.
DISCA has an average volume of 8896410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DISCA is an average performer in the Media industry, it outperforms 40% of 97 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
DISCOVERY INC - A / DISCA Weekly stock chart
DISCOVERY INC - A / DISCA Daily stock chart
Setup Rating and Analysis

3

The technical rating of DISCA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

22.04

31.51

3 important support areas can be observed.

  • Support @24.10 from a trend line in the weekly time frame.
  • Support @23.28 from a horizontal line in the weekly time frame.
  • Support @22.26 from a horizontal line in the daily time frame.

4 important resistance areas can be observed.

  • A resistance zone ranging from 25.49 to 25.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 27.03 to 27.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @29.33 from a trend line in the daily time frame.
  • Resistance @31.20 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.25
Mansfield-1.51
10 Day High27.35
10 Day Low22.5
20 Day High27.66
20 Day Low22.5
52 Week High42.48
52 Week Low21.66
Performance
1 Week-2.36%
2 Weeks-10.68%
1 Month1.83%
3 Month-18.73%
6 Month-5.64%
12 Month-41.83%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.17
RSI(14)43.26
LBB23.05
UBB27.96
DISCOVERY INC - A / DISCA Daily stock chart

DISCOVERY INC - A

NASDAQ:DISCA (4/8/2022, 10:11:10 PM)

After market: 24.41 -0.02 (-0.08%)

24.43

+1.36 (+5.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg5.9%
1 Week-2.36%
2 Weeks-10.68%
1 Month1.83%
3 Month-18.73%
6 Month-5.64%
12 Month-41.83%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.23
ATR(20)%4.87%
ATR Inc42.84%
Range Today1.73
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.25
Mansfield-1.51
10 Day High27.35
10 Day Low22.5
20 Day High27.66
20 Day Low22.5
52 Week High42.48
52 Week Low21.66
CS1 End24.1
CR1 Start25.49
Volume & EV
DER(3)-0.11%
DER(5)-0.2%
Volume22.36M
Volume Incr96.47%
Vol(5)13.99M
Vol(50)8.90M