Summary:
- A moving average of Short volume ratio is at a recent 2 week high. A high short volume ratio indicate selling presures.
- RSI is at a high level of 84. A high level of RSI indicates the stock is overbought.
- MACD is crossing MACD signal line at 0.5. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Stock news
A Relative Strength Rating upgrade for Discovery Communications shows improving technical performance.
Discovery Communications Inc. (NASDAQ: DISCA) has been working on a streaming video platform for five years with the objective of transforming the media company from a "cable and free-to-air company to a global IP company," Discovery CEO David Zaslav said during a Bloomberg interview.Competitive Advantage: Discovery's 2018 acquisition of Scripps Networks created a new entity that fits in with the company's longer-term streaming plans, the CEO said. Most notably, platforms like the Food Network a...
David Zaslav, Discovery Inc. CEO and President, joins Yahoo Finance's Kristin Myers and Andy Serwer to discuss the launch of the company's new streaming service, Discovery+, and how COVID-19 has impacted business.
David Zaslav, Discovery Inc. CEO and President, joins Yahoo Finance’s Kristin Myers and Andy Serwer to discuss the launch of Discovery’s new streaming platform, Discovery+.
Roku (NASDAQ:ROKU) rose 4% after getting a Street-high price target from Wells Fargo (NYSE:WFC), ahead of a potential acquisition of Quibi. The firm boosted its price target on the streaming provider to $414 from $275 as we keep streaming. Wells Fargo is seeing opportunity in AVOD: advertising-based video on demand, in which ad revenue is used to offset production and hosting costs.
Discovery (DISCA) enters the online streaming space with discovery+, which will be available in the United States on Amazon Fire Tv, Roku and other platforms, from Jan 4.
Discovery signed a long-term multiplatform agreement under which Vodafone would roll out the Discovery+ streaming service in 12 European markets.
discovery+, the definitive non-fiction, real-life subscription streaming service from Discovery, Inc. (Nasdaq: DISCA, DISCB, DISCK), is now live in the U.S. as the company announced major new distribution agreements that will make the product one of the most widely distributed streaming services at launch. discovery+ is available on the following platforms and devices:
Mass media company Discovery Communications Inc (NASDAQ: DISCA) is on track to take on Over-the-top (OTT) streaming platforms when it goes live on Monday, reports the New York Times. Discovery's subscription video on demand (SVOD) services would cost $5 per month with online commercials and $7 per month without the ads.What Happened: According to a Financial Times publication, Discovery's online streaming services will launch in the U.S. and multiple European nations like Italy and Netherlands b...