We assign a technical rating of 1 out of 10 to CMCSA. 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.
Although the technical rating is bad, CMCSA does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 27.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.82, a Stop Loss order could be placed below this zone.
More info and screens
26.20
We found 1 important support area.
- A support zone ranging from 26.46 to 27.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- Resistance @27.97 from a horizontal line in the daily time frame.
- Resistance @30.03 from a trend line in the daily time frame.
- Resistance @30.87 from a trend line in the weekly time frame.
- A resistance zone ranging from 33.92 to 34.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.37 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for CMCSA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CMCSA is down. |
| ChartMill Relative Strength | 11.18 | NEGATIVE | CMCSA has a low relative strength, it was outperformed by 88.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMCSA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CMCSA is below a declining 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) | 43.4 | NEUTRAL | The RSI value for CMCSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests CMCSA has a positive trend. |
| Stochastics (14,3) | 18.54 | OVERSOLD | The low Stochastics value suggests CMCSA may be oversold. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for CMCSA suggests some volalility. |
| Average Directional Index/ADX (14) | 44.02 | POSITIVE | The high ADX value value for CMCSA suggests a strong trend. |
27.43
+0.41 (+1.52%)
COMCAST CORP-CLASS A / CMCSA FAQ
What is the ChartMill technical rating of COMCAST CORP-CLASS A (CMCSA) stock?
ChartMill assigns a technical rating of 1 / 10 to CMCSA.
What is the current trend direction of COMCAST CORP-CLASS A (CMCSA) stock?
The current trend direction for COMCAST CORP-CLASS A (CMCSA) is Bearish.
What is the RSI signal for COMCAST CORP-CLASS A (CMCSA) stock?
COMCAST CORP-CLASS A (CMCSA) has an RSI value of 43.4049. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for COMCAST CORP-CLASS A?
The buy/sell signal for COMCAST CORP-CLASS A (CMCSA) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for COMCAST CORP-CLASS A?
COMCAST CORP-CLASS A (CMCSA) has a support level at 26.82 and a resistance level at 27.97. Check the full technical report for our detailed analysis of CMCSA support and resistance levels.