COMCAST CORP. - 1H - Technical analysis published on 11/22/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 42.33 USD
My targets
43.34 USD (+1.86%)
44.48 USD (+4.54%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on COMCAST CORP.. As long as you are above the support located at 42.33 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 43.34 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 44.48 USD as an objective. Crossing it would then enable buyers to target 45.66 USD. If the support 42.33 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The COMCAST CORP. price is 42.55 USD. The price is lower by -0.12% since the last closing with the lowest point at 42.47 USD and the highest point at 42.93 USD. The deviation from the price is +0.19% for the low point and -0.89% for the high point.42.47
42.93
42.55
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of COMCAST CORP. indicates that the overall trend is bullish. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
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 | 37.61 | 40.96 | 42.33 | 42.55 | 43.34 | 44.48 | 45.66 |
| Change (%) | -11.61% | -3.74% | -0.52% | - | +1.86% | +4.54% | +7.31% |
| Change | -4.94 | -1.59 | -0.22 | - | +0.79 | +1.93 | +3.11 |
| Level | Major | Major | Major | - | Major | Major | Minor |
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 | 41.59 | 41.97 | 42.28 | 42.66 | 42.97 | 43.35 | 43.66 |
| Camarilla | 42.41 | 42.47 | 42.54 | 42.60 | 42.66 | 42.73 | 42.79 |
| Woodie | 41.57 | 41.95 | 42.26 | 42.64 | 42.95 | 43.33 | 43.64 |
| Fibonacci | 41.97 | 42.23 | 42.39 | 42.66 | 42.92 | 43.08 | 43.35 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39.65 | 40.47 | 41.44 | 42.26 | 43.23 | 44.05 | 45.02 |
| Camarilla | 41.93 | 42.09 | 42.26 | 42.42 | 42.58 | 42.75 | 42.91 |
| Woodie | 39.74 | 40.51 | 41.53 | 42.30 | 43.32 | 44.09 | 45.11 |
| Fibonacci | 40.47 | 41.15 | 41.57 | 42.26 | 42.94 | 43.36 | 44.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 30.83 | 34.38 | 37.83 | 41.38 | 44.83 | 48.38 | 51.83 |
| Camarilla | 39.37 | 40.01 | 40.65 | 41.29 | 41.93 | 42.57 | 43.22 |
| Woodie | 30.79 | 34.36 | 37.79 | 41.36 | 44.79 | 48.36 | 51.79 |
| Fibonacci | 34.38 | 37.05 | 38.70 | 41.38 | 44.05 | 45.70 | 48.38 |
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): | 51.16 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 5.30 | |
| AROON (14): | -14.28 | |
| DEMA (21): | 42.66 | |
| Parabolic SAR (0,02-0,02-0,2): | 43.05 | |
| Elder Ray (13): | -0.06 | |
| Super Trend (3,10): | 42.27 | |
| Zig ZAG (10): | 42.56 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 27.85 | |
| TEMA (21): | 42.59 | |
| Williams %R (14): | -73.42 | |
| Chande Momentum Oscillator (20): | -0.39 | |
| Repulse (5,40,3): | -0.2300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 0.57 |
| MA7: | 42.48 | |
| MA20: | 41.78 | |
| MA50: | 43.20 | |
| MA100: | 43.74 | |
| MAexp7: | 42.58 | |
| MAexp20: | 42.57 | |
| MAexp50: | 42.40 | |
| MAexp100: | 42.27 | |
| Price / MA7: | +0.16% | |
| Price / MA20: | +1.84% | |
| Price / MA50: | -1.50% | |
| Price / MA100: | -2.72% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.05% | |
| Price / MAexp50: | +0.35% | |
| Price / MAexp100: | +0.66% |
Quotes :
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15 min delayed data
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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.
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…
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