Walt Disney Co

DIS is entrenched in a Stage 4 downtrend, with active lower highs and lower lows under declining EMAs and SMAs. Medium-term bias remains bearish, and short-term price action—rejection at the 9/20-EMA zone and failure to reclaim the 50-day SMA—offers an optimal Sell Now opportunity into continuation. Oversold readings present a bounce risk but do not override the prevailing supply dominance.

• ↑Q2 adjusted EPS $1.57 vs. est.; revenue $25.2B (+7% YoY)
• ↑Disney+ subscribers hit 150M; direct-to-consumer margin rising toward 10%
• ↓Profitability metrics remain weak, margin sustainability uncertain