COMCAST CORP. - 1H - Technical analysis published on 10/14/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 45.45 USD
My targets
44.54 USD (-1.26%)
43.41 USD (-3.77%)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on COMCAST CORP. as long as the price remains well below 45.45 USD. The next bearish objective for sellers is set at 44.54 USD. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 43.41 USD. If there is any crossing, the next objective would be the support located at 42.99 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
5.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
COMCAST CORP. rating 45.11 USD. The price registered a decrease of -1.70% on the session and was between 44.99 USD and 46.01 USD. This implies that the price is at +0.27% from its lowest and at -1.96% from its highest.44.99
46.01
45.11
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by COMCAST CORP.:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of COMCAST CORP. indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 42.99 | 43.41 | 44.54 | 45.11 | 45.45 | 46.12 | 47.07 |
| Change (%) | -4.70% | -3.77% | -1.26% | - | +0.75% | +2.24% | +4.34% |
| Change | -2.12 | -1.70 | -0.57 | - | +0.34 | +1.01 | +1.96 |
| Level | Major | Intermediate | Major | - | Minor | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 44.48 | 44.93 | 45.41 | 45.86 | 46.34 | 46.79 | 47.27 |
| Camarilla | 45.63 | 45.72 | 45.81 | 45.89 | 45.98 | 46.06 | 46.15 |
| Woodie | 44.50 | 44.94 | 45.43 | 45.87 | 46.36 | 46.80 | 47.29 |
| Fibonacci | 44.93 | 45.29 | 45.51 | 45.86 | 46.22 | 46.44 | 46.79 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 42.43 | 43.34 | 44.10 | 45.01 | 45.77 | 46.68 | 47.44 |
| Camarilla | 44.39 | 44.54 | 44.70 | 44.85 | 45.00 | 45.16 | 45.31 |
| Woodie | 42.35 | 43.30 | 44.02 | 44.97 | 45.69 | 46.64 | 47.36 |
| Fibonacci | 43.34 | 43.98 | 44.38 | 45.01 | 45.65 | 46.05 | 46.68 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39.37 | 41.25 | 43.75 | 45.63 | 48.13 | 50.01 | 52.51 |
| Camarilla | 45.06 | 45.46 | 45.86 | 46.26 | 46.66 | 47.06 | 47.46 |
| Woodie | 39.69 | 41.41 | 44.07 | 45.79 | 48.45 | 50.17 | 52.83 |
| Fibonacci | 41.25 | 42.92 | 43.95 | 45.63 | 47.30 | 48.33 | 50.01 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 39.35 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | -4.09 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 45.58 | |
| Parabolic SAR (0,02-0,02-0,2): | 46.19 | |
| Elder Ray (13): | -0.42 | |
| Super Trend (3,10): | 46.12 | |
| Zig ZAG (10): | 45.09 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 14.77 | |
| TEMA (21): | 45.59 | |
| Williams %R (14): | -92.66 | |
| Chande Momentum Oscillator (20): | -0.98 | |
| Repulse (5,40,3): | -1.2000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 0.19 |
| MA7: | 45.24 | |
| MA20: | 45.60 | |
| MA50: | 44.67 | |
| MA100: | 42.75 | |
| MAexp7: | 45.47 | |
| MAexp20: | 45.50 | |
| MAexp50: | 45.46 | |
| MAexp100: | 45.48 | |
| Price / MA7: | -0.29% | |
| Price / MA20: | -1.07% | |
| Price / MA50: | +0.99% | |
| Price / MA100: | +5.52% | |
| Price / MAexp7: | -0.79% | |
| Price / MAexp20: | -0.86% | |
| Price / MAexp50: | -0.77% | |
| Price / MAexp100: | -0.81% |
Quotes :
2020-10-14 16:26:30
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15 min delayed data
-
NASDAQ Stocks
News
The last news published on COMCAST CORP. at the time of the generation of this analysis was as follows:
- Nielsen And Comcast Agree To Incorporate Set-Top Box Viewing Data Into Local TV Measurement
- Comcast Increases Internet Speeds Across Florida
-
Comcast CEO Brian Roberts: We Had A Very Strong Third Quarter | CNBC
-
Comcast Q3 Earnings Top Expectations
- Chicago Ideas Week Launches "Hello" in Partnership with Comcast-NBCUniversal
This member declared not having a position on this financial instrument or a related financial instrument.
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