COMCAST CORP.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	CMCSA
ISIN:

COMCAST CORP. - Daily - Technical analysis published on 10/04/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Neutral

Technical indicators

17%

67%

17%

My opinion

Bearish under 45.09 USD

My targets

42.99 USD (-2.43%)

41.60 USD (-5.58%)

My analysis

The current short-term bearish acceleration registered on COMCAST CORP. should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 45.09 USD. Short-term sellers will use the support located at 42.99 USD as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 41.60 USD. Crossing this support would then open the door for sellers to target 38.28 USD. Caution, if there is a return to below 45.09 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

FORCE

2.7

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The COMCAST CORP. rating is 44.06 USD. The price registered an increase of +0.02% on the session and was between 43.61 USD and 44.17 USD. This implies that the price is at +1.03% from its lowest and at -0.25% from its highest.

43.61

44.17

44.06

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by COMCAST CORP.:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of COMCAST CORP. in Daily shows a neutral overall trend. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : Daily

Near support of triangle

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	38.28	41.60	42.99	44.06	45.09	46.96
Change (%)	-13.12%	-5.58%	-2.43%	-	+2.34%	+6.58%
Change	-5.78	-2.46	-1.07	-	+1.03	+2.90
Level	Intermediate	Intermediate	Major	-	Major	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	43.14	43.55	43.80	44.22	44.47	44.88	45.13
Camarilla	43.87	43.93	43.99	44.05	44.11	44.17	44.23
Woodie	43.05	43.51	43.72	44.17	44.38	44.84	45.05
Fibonacci	43.55	43.80	43.96	44.22	44.47	44.63	44.88

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	41.42	42.84	43.82	45.24	46.22	47.64	48.62
Camarilla	44.15	44.37	44.59	44.81	45.03	45.25	45.47
Woodie	41.21	42.73	43.61	45.13	46.01	47.53	48.41
Fibonacci	42.84	43.75	44.32	45.24	46.15	46.72	47.64

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	39.58	41.55	43.32	45.29	47.06	49.03	50.80
Camarilla	44.05	44.39	44.74	45.08	45.42	45.77	46.11
Woodie	39.47	41.50	43.21	45.24	46.95	48.98	50.69
Fibonacci	41.55	42.98	43.87	45.29	46.72	47.61	49.03

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):	38.94
MACD (12,26,9):	-0.0800
Directional Movement:	-10.49
AROON (14):	-71.43
DEMA (21):	45.31
Parabolic SAR (0,02-0,02-0,2):	45.97
Elder Ray (13):	-1.22
Super Trend (3,10):	46.31
Zig ZAG (10):	44.06
VORTEX (21):	0.9300
Stochastique (14,3,5):	8.09
TEMA (21):	44.79
Williams %R (14):	-87.32
Chande Momentum Oscillator (20):	-2.61
Repulse (5,40,3):	-1.8400
ROCnROLL:	2
TRIX (15,9):	0.1100
Courbe Coppock:	7.59

MA7:	44.75
MA20:	45.88
MA50:	44.44
MA100:	43.65
MAexp7:	44.71
MAexp20:	45.20
MAexp50:	44.68
MAexp100:	43.65
Price / MA7:	-1.54%
Price / MA20:	-3.97%
Price / MA50:	-0.86%
Price / MA100:	+0.94%
Price / MAexp7:	-1.45%
Price / MAexp20:	-2.52%
Price / MAexp50:	-1.39%
Price / MAexp100:	+0.94%

News

Don"t forget to follow the news on COMCAST CORP.. At the time of publication of this analysis, the latest news was as follows:

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

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