Post an Analysis Request an analysis AI Londinia analysis
COMCAST CORP.
COMCAST CORP.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CMCSA
ISIN:

COMCAST CORP. - 1H - Technical analysis published on 02/09/2022 (GMT)

  • 296
  • 0
Londinia
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!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 50.11 USD
My targets
48.73 USD (-1.30%)
47.44 USD (-3.91%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 50.11 USD remains possible. It is advisable to trade COMCAST CORP. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 50.11 USD. The next bearish objective for sellers is set at 48.73 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 47.44 USD. In case of crossing, the next objective would be the support located at 45.47 USD. PS: if there is a bullish break in the resistance located at 50.11 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
1.1

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.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The COMCAST CORP. rating is 49.37 USD. The price registered an increase of +0.33% on the session with the lowest point at 49.24 USD and the highest point at 49.75 USD. The deviation from the price is +0.26% for the low point and -0.76% for the high point.

49.24
49.75
49.37

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


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 bearish. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 45.47 47.44 48.73 49.37 50.11 50.99 52.10
Change (%) -7.90% -3.91% -1.30% - +1.50% +3.28% +5.53%
Change -3.90 -1.93 -0.64 - +0.74 +1.62 +2.73
Level Minor Major Major - Intermediate Intermediate 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
Standard48.1448.4848.8549.1949.5649.9050.27
Camarilla49.0249.0849.1549.2149.2849.3449.41
Woodie48.1548.4948.8649.2049.5749.9150.28
Fibonacci48.4848.7648.9249.1949.4749.6349.90


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard46.1147.4248.3749.6850.6351.9452.89
Camarilla48.7148.9249.1249.3349.5449.7449.95
Woodie45.9447.3348.2049.5950.4651.8552.72
Fibonacci47.4248.2848.8149.6850.5451.0751.94


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard39.6442.5646.2749.1952.9055.8259.53
Camarilla48.1748.7849.3849.9950.6051.2151.81
Woodie40.0542.7646.6849.3953.3156.0259.94
Fibonacci42.5645.0946.6549.1951.7253.2855.82

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 50.29
MACD (12,26,9): -0.0200
Directional Movement: -3.30
AROON (14): 57.14
DEMA (21): 49.30
Parabolic SAR (0,02-0,02-0,2): 48.77
Elder Ray (13): -0.01
Super Trend (3,10): 50.05
Zig ZAG (10): 49.36
VORTEX (21): 1.0100
Stochastique (14,3,5): 71.38
TEMA (21): 49.33
Williams %R (14): -38.46
Chande Momentum Oscillator (20): 0.27
Repulse (5,40,3): -0.2000
ROCnROLL: -1
TRIX (15,9): -0.0200
Courbe Coppock: 0.91
MA7: 49.48
MA20: 49.83
MA50: 49.69
MA100: 51.68
MAexp7: 49.38
MAexp20: 49.36
MAexp50: 49.46
MAexp100: 49.62
Price / MA7: -0.22%
Price / MA20: -0.92%
Price / MA50: -0.64%
Price / MA100: -4.47%
Price / MAexp7: -0.02%
Price / MAexp20: +0.02%
Price / MAexp50: -0.18%
Price / MAexp100: -0.50%

Quotes : - 15 min delayed data - NASDAQ Stocks

News


The last news published on COMCAST CORP. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

Online

Overall rating :
15272
Number of analyses :
85632
Followers :
0
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