Comcast Corporation is Up for the 2nd Day in a Row

The Hourly View for Comcast Corporation

  • At the moment, CMCSA’s price is down $-0.22 (-0.39%) from the hour prior.
  • This move is a reversal from the hour prior, which saw price move up.
  • Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
  • Of note is that the 100 hour changed directions on CMCSA; it is now pointing down. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Comcast Corporation’s hourly price chart is shown below.

CMCSA

The Daily View for Comcast Corporation

  • At the moment, CMCSA’s price is up $0.79 (1.41%) from the day prior.
  • Comcast Corporation has seen its price go up 4 out of the past 5 days, thus creating some compelling opportunities for bulls.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 20 day timeframe.
  • The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
  • Divergence between CMCSA’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in CMCSA’s price.

Below is a daily price chart of Comcast Corporation.

CMCSA

Latest News Discussing CMCSA