COMCAST CORP-CLASS A (CMCSA) Stock Technical Analysis
NASDAQ:CMCSA - Nasdaq - US20030N1019 - Common Stock - Currency: USD
Taking everything into account, CMCSA scores 2 out of 10 in our technical rating. CMCSA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
78% of all other stocks performed better in the past year than CMCSA.
CMCSA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
CMCSA has an average volume of 20093000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
CMCSA is part of the Media industry. There are 97 other stocks in this industry, CMCSA did better than 46% of them.
In the last month CMCSA has a been trading in the 34.16 - 36.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CMCSA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 34.92, a Stop Loss order could be placed below this zone.
More info and screens
32.50
43.78
3 important support areas can be observed.
- A support zone ranging from 34.88 to 34.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @34.22 from a horizontal line in the daily time frame.
- A support zone ranging from 32.83 to 33.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 35.10 to 36.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @37.37 from a horizontal line in the daily time frame.
- Resistance @38.23 from a horizontal line in the daily time frame.
- Resistance @41.90 from a trend line in the weekly time frame.
- Resistance @43.35 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CMCSA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CMCSA is neutral. |
| ChartMill Relative Strength | 22.4 | NEGATIVE | CMCSA has a low relative strength, it was outperformed by 77.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMCSA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMCSA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CMCSA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.46 | NEUTRAL | The RSI value for CMCSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CMCSA has a negative trend. |
| Stochastics (14,3) | 47.44 | NEUTRAL | The Stochastics value for CMCSA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for CMCSA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.06 | NEGATIVE | The low ADX value for CMCSA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
34.99
-0.43 (-1.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-1.21%
1 Week-2.78%
2 Weeks-0.62%
1 Month-0.54%
3 Month3.77%
6 Month-3.77%
12 Month-8.62%
2 Year-22.69%
3 Year-6.74%
5 Year-18.25%
10 Year12.13%
15 Year259.43%
Volatility
ATR(14)0.59
ATR(20)%1.66%
ATR Inc-12.24%
Range Today0.39
ADR(20)0.56
ADR(20)%1.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.4
Mansfield-1.46
10 Day High36.66
10 Day Low34.96
20 Day High36.66
20 Day Low34.16
52 Week High45.31
52 Week Low31.44
CS1 End34.92
CR1 Start35.1
Volume & EV
DER(3)0.84%
DER(5)0.84%
Volume16.86M
Volume Incr-26.61%
Vol(5)14.94M
Vol(50)20.09M