Stock Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Discovery, Inc. - Series A (NASDAQ:DISCA)
Bear Market Rally (-75) - DISCA is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DISCA as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid DISCA?
MarketClub looks at technical strength and momentum to determine if the timing is right for DISCA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DISCA
The long-term trend has been DOWN since May 17th, 2021 at 34.60
The intermediate-term trend has been DOWN since Aug 3rd, 2021 at 27.08
The short-term trend has been UP since Oct 20th, 2021 at 25.60
Smart Scan Analysis for DISCA
Based on our trend formula, DISCA is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||34.89||Year High Date||2018-11-08|
|Year Low||20.595||Year Low Date||2018-05-31|
|52wk High||78.14||52wk High Date||2021-03-19|
|52wk Low||19.07||52wk Low Date||2020-10-29|
|Year End Close||63.48||Average Volume||5,462,220|
|Shares Outstanding||505,746||Short Interest||8,462,594|
|% Institutional||87.5||Market Cap||15,349M|