DIS (The Walt Disney Company) – 4-year technical analysis and key price levels

$DIS I hold long-term in my USD portfolio and it currently represents approximately 1.2% of its total value. Current price (close 18 Feb 2026): 107.10 USD

Based on data from February 2022 to February 2026, DIS went through a notably volatile cycle. The development can be divided into four phases: a sharp decline in 2022, stabilization in 2023, a strong recovery in 2024–2025, and a current correction at the start of 2026.

Yearly performance

2022 – significant bear market The price fell from around 153 USD to 84.88 USD (−43.9%). The main factors were inflation, margin pressure, streaming losses, and macroeconomic uncertainty.

2023 – stabilization The stock traded between 77.50 USD and 110.61 USD, closing the year at 88.50 USD (+4.3%). The market reacted to restructuring and cost-saving measures.

2024 – return to growth The price rose by more than 24% to 110.13 USD. Growth was supported by successful film projects, stabilization of the streaming division, and improved operational efficiency.

2025 – volatile but positive year After a spring decline there was a strong rebound. The year ended at 113.77 USD (+4.2%). The company reinstated dividends, which supported long-term sentiment.

2026 (to 18 Feb) The price ranged between 101.02 USD and 117.73 USD; it is currently at 107.10 USD (−4.3% YTD). The decline so far reflects market caution more than materially negative fundamentals.

Long-term view

Since February 2022 the stock is roughly 30% lower. Although there has been partial recovery, the long-term uptrend has not yet been fully restored. Volatility remains elevated, especially due to competition in streaming and sensitivity to consumer spending.

Key support levels

77–80 USD – strong long-term lows from 2023 and 2025.

82–85 USD – repeatedly tested reaction zone.

100–102 USD – current short-term support (low 2026).

The 100–102 USD zone is currently critical. A break below it could open the way toward 90 USD.

Key resistance levels

110–112 USD – frequent peaks in recent years.

115–118 USD – the 2026 high.

120–125 USD – strong medium-term resistance.

A break above 118 USD would technically open the path to the 120–125 USD band.

Technical context

The 200-day MA around 100 USD acts as long-term support. The 50-day MA around 110 USD currently serves as short-term resistance. Price below the 50-day MA signals weakened short-term momentum.

The lower low in 2026 (101 USD) may indicate persistent investor caution.

Fundamental framework

A positive is the diversified business model (parks, film, streaming, licensing) and stabilizing cash flow. Risks include competitive pressure in streaming, high content costs, and sensitivity to the economic cycle.

Summary

DIS experienced a deep correction, followed by stabilization and partial recovery. In the short term, staying above 100 USD is key. To confirm a stronger growth trend, it would be necessary to overcome the 118–120 USD range.

Do you have $DIS in your portfolio or are you following it? Do you trade this stock technically or fundamentally? Or are you a long-term investor and not bothered by price swings? Please share your thoughts in the comments.

An English version of this post is available on my profile at www.etoro.com. If you want to follow me there or possibly copy my EUR portfolio, I would be very happy!

This analysis is based on historical data and technical indicators and does not constitute investment advice.