COMCAST CORP-CLASS A (CMCSA) Stock Technical Analysis
USA - NASDAQ:CMCSA - US20030N1019 - Common Stock
We assign a technical rating of 0 out of 10 to CMCSA. CMCSA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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
27.56
We can see 5 important resistance areas.
- A resistance zone ranging from 31.09 to 32.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.18 to 34.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @35.59 from a horizontal line in the daily time frame.
- 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 | 9.21 | NEGATIVE | CMCSA has a low relative strength, it was outperformed by 90.79% 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) | 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) | 29.66 | OVERSOLD | The low RSI value suggests CMCSA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests CMCSA has a negative trend. |
| Stochastics (14,3) | 29.13 | NEUTRAL | The Stochastics value for CMCSA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for CMCSA suggests some volalility. |
| Average Directional Index/ADX (14) | 44.24 | POSITIVE | The high ADX value value for CMCSA suggests a strong trend. |
27.835
+0.52 (+1.89%)
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 0 / 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 29.6629. This indicates that the stock is currently oversold.
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 resistance level at 31.09. Check the full technical report for our detailed analysis of CMCSA support and resistance levels.