COMCAST CORP.
COMCAST CORP.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CMCSA
ISIN:

COMCAST CORP. - Daily - Technical analysis published on 04/17/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 52.39 USD
My targets
58.04 USD (+5.32%)
My analysis
The basic bullish trend is very strong on COMCAST CORP. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 52.39 USD. Crossing the first resistance at 58.04 USD would be a sign of a potential new surge in the price. Caution, a return to below 52.39 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Doszpy. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The COMCAST CORP. rating is 55.11 USD. The price has increased by +1.79% since the last closing and was between 54.59 USD and 55.50 USD. This implies that the price is at +0.95% from its lowest and at -0.70% from its highest.

54.59
55.50
55.11

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of COMCAST CORP. indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily



In fact, 10 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily


CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily


MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily


MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily


RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily


RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of triangle is broken

Type : Bullish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 43.00 47.50 52.39 55.11 55.46 58.04
Change (%) -21.97% -13.81% -4.94% - +0.64% +5.32%
Change -12.11 -7.61 -2.72 - +0.35 +2.93
Level Major Major Major - Intermediate Major



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
Standard53.7254.1654.6355.0755.5455.9856.45
Camarilla54.8654.9455.0355.1155.1955.2855.36
Woodie53.7554.1754.6655.0855.5755.9956.48
Fibonacci54.1654.5054.7255.0755.4155.6355.98


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard51.2752.2053.6554.5856.0356.9658.41
Camarilla54.4654.6754.8955.1155.3355.5555.77
Woodie51.5452.3353.9254.7156.3057.0958.68
Fibonacci52.2053.1153.6754.5855.4956.0556.96


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard45.8849.2651.5654.9457.2460.6262.92
Camarilla52.3052.8253.3453.8654.3854.9055.42
Woodie45.3448.9951.0254.6756.7060.3562.38
Fibonacci49.2651.4352.7754.9457.1158.4560.62

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 53.81
MACD (12,26,9): -0.2000
Directional Movement: -0.88
AROON (14): -64.29
DEMA (21): 54.44
Parabolic SAR (0,02-0,02-0,2): 52.46
Elder Ray (13): 0.63
Super Trend (3,10): 56.56
Zig ZAG (10): 55.11
VORTEX (21): 0.8600
Stochastique (14,3,5): 48.55
TEMA (21): 53.79
Williams %R (14): -15.98
Chande Momentum Oscillator (20): 0.13
Repulse (5,40,3): 0.8000
ROCnROLL: 1
TRIX (15,9): -0.0200
Courbe Coppock: 5.66
MA7: 53.95
MA20: 54.81
MA50: 54.40
MA100: 52.49
MAexp7: 54.25
MAexp20: 54.57
MAexp50: 54.01
MAexp100: 52.21
Price / MA7: +2.15%
Price / MA20: +0.55%
Price / MA50: +1.31%
Price / MA100: +4.99%
Price / MAexp7: +1.59%
Price / MAexp20: +0.99%
Price / MAexp50: +2.04%
Price / MAexp100: +5.55%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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