COMCAST CORP. - 1H - Technical analysis published on 01/11/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 49.90 USD
My targets
51.43 USD (+1.40%)
52.25 USD (+3.02%)
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 49.90 USD. Crossing the first resistance at 51.43 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 52.25 USD as an objective. Crossing it would then enable buyers to target 53.31 USD. Caution, a return to below 49.90 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
7.7
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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
The COMCAST CORP. rating is 50.72 USD. On the day, this instrument gained +0.40% and was traded between 50.36 USD and 51.02 USD over the period. The price is currently at +0.71% from its lowest and -0.59% from its highest.50.36
51.02
50.72
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
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 (1 month)
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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 15 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 49.08 | 49.90 | 50.56 | 50.72 | 51.43 | 52.25 | 53.31 |
| Change (%) | -3.23% | -1.62% | -0.32% | - | +1.40% | +3.02% | +5.11% |
| Change | -1.64 | -0.82 | -0.16 | - | +0.71 | +1.53 | +2.59 |
| Level | Intermediate | Major | Minor | - | Major | Minor | Major |
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 | 48.90 | 49.39 | 49.95 | 50.44 | 51.00 | 51.49 | 52.05 |
| Camarilla | 50.23 | 50.33 | 50.42 | 50.52 | 50.62 | 50.71 | 50.81 |
| Woodie | 48.95 | 49.41 | 50.00 | 50.46 | 51.05 | 51.51 | 52.10 |
| Fibonacci | 49.39 | 49.79 | 50.04 | 50.44 | 50.84 | 51.09 | 51.49 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 47.55 | 48.51 | 49.28 | 50.24 | 51.01 | 51.97 | 52.74 |
| Camarilla | 49.57 | 49.73 | 49.89 | 50.05 | 50.21 | 50.37 | 50.53 |
| Woodie | 47.46 | 48.46 | 49.19 | 50.19 | 50.92 | 51.92 | 52.65 |
| Fibonacci | 48.51 | 49.17 | 49.58 | 50.24 | 50.90 | 51.31 | 51.97 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39.42 | 42.74 | 46.41 | 49.73 | 53.40 | 56.72 | 60.39 |
| Camarilla | 48.16 | 48.80 | 49.44 | 50.08 | 50.72 | 51.36 | 52.00 |
| Woodie | 39.60 | 42.83 | 46.59 | 49.82 | 53.58 | 56.81 | 60.57 |
| Fibonacci | 42.74 | 45.41 | 47.06 | 49.73 | 52.40 | 54.05 | 56.72 |
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): | 55.65 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 5.48 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 50.55 | |
| Parabolic SAR (0,02-0,02-0,2): | 49.94 | |
| Elder Ray (13): | 0.18 | |
| Super Trend (3,10): | 49.89 | |
| Zig ZAG (10): | 50.73 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 69.96 | |
| TEMA (21): | 50.57 | |
| Williams %R (14): | -25.22 | |
| Chande Momentum Oscillator (20): | 0.55 | |
| Repulse (5,40,3): | 0.3800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.78 |
| MA7: | 50.39 | |
| MA20: | 49.64 | |
| MA50: | 50.77 | |
| MA100: | 53.47 | |
| MAexp7: | 50.59 | |
| MAexp20: | 50.51 | |
| MAexp50: | 50.42 | |
| MAexp100: | 50.20 | |
| Price / MA7: | +0.65% | |
| Price / MA20: | +2.18% | |
| Price / MA50: | -0.10% | |
| Price / MA100: | -5.14% | |
| Price / MAexp7: | +0.26% | |
| Price / MAexp20: | +0.42% | |
| Price / MAexp50: | +0.60% | |
| Price / MAexp100: | +1.04% |
Quotes :
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15 min delayed data
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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.
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