Also - notice how every week after the big drop in September is "inside" that range. That is the sign of a market that is extremely "indecisive". Only this week have $DIS shares moved above that range from early September.
There are 9 weeks at the yellow mode you have drawn. As soon as there are more than 20 periods at one price, the next higher time frame (2-days/bar) is the time frame to use. Once a market has more than 20 bars at one price, that means that time frame is NOT in control, so ignore it.