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 11/22/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

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

2.9

Comment on the analysis

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 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:

The Central Records scanner for higher/lower results shows an item:

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

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

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 : - 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

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