COMCAST CORP-CLASS A (CMCSA) Stock Technical Analysis
NASDAQ:CMCSA - US20030N1019 - Common Stock
34.15 USD
+0.55 (+1.64%)
34.11 USD
-0.04 (-0.12%)
Overall CMCSA gets a technical rating of 1 out of 10. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CMCSA is a bad performer in the overall market: 83% of all stocks are doing better.
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.
In the last month CMCSA has a been trading in the 31.03 - 34.40 range, which is quite wide. It is currently trading near the high of this range.
CMCSA has an average volume of 21166200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CMCSA is an average performer in the Media industry, it outperforms 48% of 99 stocks in the same industry.
The technical rating of CMCSA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
33.81
43.78
We can see 4 important resistance areas.
- A resistance zone ranging from 34.21 to 34.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.59 to 36.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @41.56 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 | DOWN | NEGATIVE | The long term trend for CMCSA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CMCSA is neutral. |
| ChartMill Relative Strength | 17.37 | NEGATIVE | CMCSA has a low relative strength, it was outperformed by 82.63% 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) | 56.36 | NEUTRAL | The RSI value for CMCSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests CMCSA has a positive trend. |
| Stochastics (14,3) | 84.71 | OVERBOUGHT | The high Stochastics value suggests CMCSA may be overbought. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for CMCSA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.72 | 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)
34.15
+0.55 (+1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg1.64%
1 Week2.09%
2 Weeks7.83%
1 Month1.4%
3 Month-1.07%
6 Month-5.77%
12 Month-14.24%
2 Year-26.97%
3 Year-5.64%
5 Year-23.79%
10 Year21.25%
15 Year299.65%
Volatility
ATR(14)0.68
ATR(20)%2.17%
ATR Inc-6.1%
Range Today0.69
ADR(20)0.7
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.37
Mansfield-1.64
10 Day High34.4
10 Day Low31.03
20 Day High34.4
20 Day Low31.03
52 Week High45.31
52 Week Low31.03
CS1 EndN/A
CR1 Start34.21
Volume & EV
DER(3)3.52%
DER(5)1.08%
Volume25.27M
Volume Incr-12.12%
Vol(5)20.73M
Vol(50)21.17M