COMCAST CORP. - 1H - Technical analysis published on 06/22/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 56.27 USD
My targets
57.89 USD (+0.87%)
58.68 USD (+2.25%)
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 56.27 USD. The buyers' bullish objective is set at 57.89 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 58.68 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, technical indicators confirm the bullish opinion of this analysis. 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
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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 57.39 USD. On the day, this instrument gained +0.19% with the lowest point at 57.28 USD and the highest point at 57.63 USD. The deviation from the price is +0.19% for the low point and -0.42% for the high point.57.28
57.63
57.39
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.
Opening Gap UP
Type : Bullish
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 (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this COMCAST CORP. chart shows a strongly bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 54.88 | 56.27 | 57.23 | 57.39 | 57.89 | 58.68 |
| Change (%) | -4.37% | -1.95% | -0.28% | - | +0.87% | +2.25% |
| Change | -2.51 | -1.12 | -0.16 | - | +0.50 | +1.29 |
| Level | Minor | Intermediate | Minor | - | 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 | 56.42 | 56.64 | 56.96 | 57.18 | 57.50 | 57.72 | 58.04 |
| Camarilla | 57.13 | 57.18 | 57.23 | 57.28 | 57.33 | 57.38 | 57.43 |
| Woodie | 56.47 | 56.67 | 57.01 | 57.21 | 57.55 | 57.75 | 58.09 |
| Fibonacci | 56.64 | 56.85 | 56.97 | 57.18 | 57.39 | 57.51 | 57.72 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 54.11 | 55.18 | 55.95 | 57.02 | 57.79 | 58.86 | 59.63 |
| Camarilla | 56.20 | 56.37 | 56.54 | 56.71 | 56.88 | 57.05 | 57.22 |
| Woodie | 53.95 | 55.11 | 55.79 | 56.95 | 57.63 | 58.79 | 59.47 |
| Fibonacci | 55.18 | 55.89 | 56.32 | 57.02 | 57.73 | 58.16 | 58.86 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.86 | 51.27 | 54.30 | 56.71 | 59.74 | 62.15 | 65.18 |
| Camarilla | 55.84 | 56.34 | 56.84 | 57.34 | 57.84 | 58.34 | 58.84 |
| Woodie | 49.18 | 51.43 | 54.62 | 56.87 | 60.06 | 62.31 | 65.50 |
| Fibonacci | 51.27 | 53.35 | 54.63 | 56.71 | 58.79 | 60.07 | 62.15 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 59.08 | |
| MACD (12,26,9): | 0.0800 | |
| Directional Movement: | 6.49 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 57.27 | |
| Parabolic SAR (0,02-0,02-0,2): | 56.68 | |
| Elder Ray (13): | 0.21 | |
| Super Trend (3,10): | 57.73 | |
| Zig ZAG (10): | 57.44 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 79.57 | |
| TEMA (21): | 57.30 | |
| Williams %R (14): | -18.07 | |
| Chande Momentum Oscillator (20): | 0.86 | |
| Repulse (5,40,3): | -0.4100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.33 |
| MA7: | 57.23 | |
| MA20: | 56.90 | |
| MA50: | 56.09 | |
| MA100: | 55.09 | |
| MAexp7: | 57.30 | |
| MAexp20: | 57.19 | |
| MAexp50: | 57.09 | |
| MAexp100: | 56.93 | |
| Price / MA7: | +0.28% | |
| Price / MA20: | +0.86% | |
| Price / MA50: | +2.32% | |
| Price / MA100: | +4.17% | |
| Price / MAexp7: | +0.16% | |
| Price / MAexp20: | +0.35% | |
| Price / MAexp50: | +0.53% | |
| Price / MAexp100: | +0.81% |
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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