COMCAST CORP. - 1H - Technical analysis published on 05/03/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 55.11 USD
My targets
58.04 USD (+2.62%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on COMCAST CORP. as long as the price remains well above 55.11 USD. The buyers” bullish objective is set at 58.04 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.8
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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 56.56 USD. The price registered an increase of +0.73% on the session with the lowest point at 56.17 USD and the highest point at 56.92 USD. The deviation from the price is +0.69% for the low point and -0.63% for the high point.56.17
56.92
56.56
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
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:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of COMCAST CORP. in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 53.97 | 55.11 | 56.49 | 56.56 | 58.04 |
| Change (%) | -4.58% | -2.56% | -0.12% | - | +2.62% |
| Change | -2.59 | -1.45 | -0.07 | - | +1.48 |
| Level | Major | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 53.48 | 54.10 | 55.13 | 55.75 | 56.78 | 57.40 | 58.43 |
| Camarilla | 55.70 | 55.85 | 56.00 | 56.15 | 56.30 | 56.45 | 56.60 |
| Woodie | 53.68 | 54.20 | 55.33 | 55.85 | 56.98 | 57.50 | 58.63 |
| Fibonacci | 54.10 | 54.73 | 55.12 | 55.75 | 56.38 | 56.77 | 57.40 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.03 | 52.99 | 54.57 | 55.53 | 57.11 | 58.07 | 59.65 |
| Camarilla | 55.45 | 55.68 | 55.92 | 56.15 | 56.38 | 56.62 | 56.85 |
| Woodie | 52.34 | 53.15 | 54.88 | 55.69 | 57.42 | 58.23 | 59.96 |
| Fibonacci | 52.99 | 53.96 | 54.56 | 55.53 | 56.50 | 57.10 | 58.07 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.55 | 51.00 | 53.58 | 55.03 | 57.61 | 59.06 | 61.64 |
| Camarilla | 55.04 | 55.41 | 55.78 | 56.15 | 56.52 | 56.89 | 57.26 |
| Woodie | 50.11 | 51.28 | 54.14 | 55.31 | 58.17 | 59.34 | 62.20 |
| Fibonacci | 51.00 | 52.54 | 53.49 | 55.03 | 56.57 | 57.52 | 59.06 |
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): | 66.40 | |
| MACD (12,26,9): | 0.4500 | |
| Directional Movement: | 15.99 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 56.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 55.24 | |
| Elder Ray (13): | 0.44 | |
| Super Trend (3,10): | 56.77 | |
| Zig ZAG (10): | 56.49 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 84.42 | |
| TEMA (21): | 56.53 | |
| Williams %R (14): | -19.63 | |
| Chande Momentum Oscillator (20): | 0.36 | |
| Repulse (5,40,3): | 0.1800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 2.92 |
| MA7: | 55.18 | |
| MA20: | 54.53 | |
| MA50: | 54.78 | |
| MA100: | 52.67 | |
| MAexp7: | 56.28 | |
| MAexp20: | 55.78 | |
| MAexp50: | 55.18 | |
| MAexp100: | 54.85 | |
| Price / MA7: | +2.50% | |
| Price / MA20: | +3.72% | |
| Price / MA50: | +3.25% | |
| Price / MA100: | +7.39% | |
| Price / MAexp7: | +0.50% | |
| Price / MAexp20: | +1.40% | |
| Price / MAexp50: | +2.50% | |
| Price / MAexp100: | +3.12% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don"t forget to follow the news on COMCAST CORP.. At the time of publication of this analysis, the latest news 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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