COMCAST CORP. - 1H - Technical analysis published on 08/12/2021 (GMT)
- 347
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 58.02 USD
My targets
59.26 USD (+0.77%)
59.70 USD (+1.51%)
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 58.02 USD. The buyers' bullish objective is set at 59.26 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 59.70 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.1
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The COMCAST CORP. rating is 58.81 USD. The price registered a decrease of -0.47% on the session and was traded between 58.59 USD and 59.14 USD over the period. The price is currently at +0.38% from its lowest and -0.56% from its highest.58.59
59.14
58.81
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
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 this 1H chart of COMCAST CORP. indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are bullish. There is still some doubt about the price increase.
The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 57.39 | 58.02 | 58.68 | 58.81 | 59.26 | 59.70 |
| Change (%) | -2.41% | -1.34% | -0.22% | - | +0.77% | +1.51% |
| Change | -1.42 | -0.79 | -0.13 | - | +0.45 | +0.89 |
| Level | Intermediate | Intermediate | Major | - | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 57.98 | 58.22 | 58.66 | 58.90 | 59.34 | 59.58 | 60.02 |
| Camarilla | 58.90 | 58.97 | 59.03 | 59.09 | 59.15 | 59.22 | 59.28 |
| Woodie | 58.07 | 58.27 | 58.75 | 58.95 | 59.43 | 59.63 | 60.11 |
| Fibonacci | 58.22 | 58.48 | 58.64 | 58.90 | 59.16 | 59.32 | 59.58 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 55.50 | 56.37 | 57.53 | 58.40 | 59.56 | 60.43 | 61.59 |
| Camarilla | 58.13 | 58.32 | 58.50 | 58.69 | 58.88 | 59.06 | 59.25 |
| Woodie | 55.65 | 56.44 | 57.68 | 58.47 | 59.71 | 60.50 | 61.74 |
| Fibonacci | 56.37 | 57.15 | 57.63 | 58.40 | 59.18 | 59.66 | 60.43 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 53.49 | 54.90 | 56.87 | 58.28 | 60.25 | 61.66 | 63.63 |
| Camarilla | 57.90 | 58.21 | 58.52 | 58.83 | 59.14 | 59.45 | 59.76 |
| Woodie | 53.76 | 55.04 | 57.14 | 58.42 | 60.52 | 61.80 | 63.90 |
| Fibonacci | 54.90 | 56.19 | 56.99 | 58.28 | 59.57 | 60.37 | 61.66 |
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): | 55.92 | |
| MACD (12,26,9): | 0.1400 | |
| Directional Movement: | 2.04 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 58.83 | |
| Parabolic SAR (0,02-0,02-0,2): | 58.43 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 58.38 | |
| Zig ZAG (10): | 58.75 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 61.12 | |
| TEMA (21): | 58.92 | |
| Williams %R (14): | -38.78 | |
| Chande Momentum Oscillator (20): | 0.49 | |
| Repulse (5,40,3): | -0.1400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 2.07 |
| MA7: | 58.51 | |
| MA20: | 58.19 | |
| MA50: | 57.57 | |
| MA100: | 56.54 | |
| MAexp7: | 58.81 | |
| MAexp20: | 58.66 | |
| MAexp50: | 58.48 | |
| MAexp100: | 58.32 | |
| Price / MA7: | +0.51% | |
| Price / MA20: | +1.07% | |
| Price / MA50: | +2.15% | |
| Price / MA100: | +4.01% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.26% | |
| Price / MAexp50: | +0.56% | |
| Price / MAexp100: | +0.84% |
Quotes :
-
15 min delayed data
-
NASDAQ Stocks
News
The latest news and videos published on COMCAST CORP. at the time of the analysis were 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.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis COMCAST CORP. - 1H