Question

​​​​​​​Disney

1. Describe the trend of the stock prices during the last 4 months and, in more detail, during the last 3 weeks.
2. Explain the observed trends
3. Relate these trends to relevant contextual information (example: public health crisis in China)
4. Regarding this context, briefly forecast the changes in prices for the next month.

Answer 1

Stock of disney has seen a downslide of around 30 percent in last 3 weeks as shares have fallen drastically amid coronavirus fears.

Stock of disney has seen a downslide of around 35 percent in past 4 months from 52 week highs of 154 to 52 week lows of 102 .

The trend is a trend reversal on the downside as fear of corona hitting the business bad is real.People are fearing a pendamic all across the globe .Demand is weakning and Businesses are shutting their operations so it is normal to have a downside in the stock value

I personally feel that this is not going away this easy, there is a growing fear of an incoming recession due to corona and price are going to fall furthur. 100$ is just a psychological resistance, once it is taken away, it can see a vertical downslide to $ 70.