Taking everything into account, CMCSA scores 0 out of 10 in our technical rating. 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.
CMCSA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 27.14, a Stop Loss order could be placed below this zone.
More info and screens
26.20
When analyzing the support we notice one important area.
- A support zone ranging from 26.46 to 27.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 27.31 to 27.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @29.55 from a trend line in the daily time frame.
- Resistance @30.63 from a trend line in the weekly time frame.
- A resistance zone ranging from 33.83 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 | NEUTRAL | NEUTRAL | The short term trend for CMCSA is neutral. |
| ChartMill Relative Strength | 12.3 | NEGATIVE | CMCSA has a low relative strength, it was outperformed by 87.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CMCSA is above 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) | 47.57 | NEUTRAL | The RSI value for CMCSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests CMCSA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.69 | NEUTRAL | The Stochastics value for CMCSA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for CMCSA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.9 | POSITIVE | The high ADX value value for CMCSA suggests a strong trend. |
27.23
-0.37 (-1.34%)
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 47.5669. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for COMCAST CORP-CLASS A?
COMCAST CORP-CLASS A (CMCSA) has a support level at 27.14 and a resistance level at 27.31. Check the full technical report for our detailed analysis of CMCSA support and resistance levels.