The Greedy Trader Weekly Analysis
Sign In Jan 16, 2026
Skip Navigation Links
Share
Number of records: 10
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 1/9/2026 -
Sign In to see current Signals.

Comcast Corp. (CMCSA) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :
Daily :Daily  MACD line has moved below its signal lineThe price has declined below the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the negative week for the Comcast Corp. (CMCSA). During the week, the CMCSA dropped -1.17 points, or -3.96%, and closed at 28.37 on Friday, January 9, 2026. It was the worst weekly loss since October 31, 2025. Weekly volume was 30% above average.

Long-term trend: [See CMCSA long-term trend chart]
A long-term downtrend had started on October 31, 2024 at 45.31 and reached 25.75 on October 30, 2025. CMCSA lost 19.56 points, or 43.17%, in 52 weeks. The price is now at the 13.39% retracement level.

Medium-term trend: [See CMCSA medium-term trend chart]
A medium-term uptrend had started on October 30, 2025 at 25.75 and reached 30.59 on December 17, 2025. CMCSA gained -4.84 points, or -18.80%, in 6 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 27.17 and resistance is at 32.10. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See CMCSA weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since December 19, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See CMCSA short-term trend chart]
A short-term downtrend had started on December 17, 2025 at 30.59 and reached 27.10 on January 6, 2026. CMCSA lost 3.49 points, or 11.41%, in 20 days. The chart has formed a Broadening Descending Wedge chart pattern.

Daily Technical Indicators: [See CMCSA daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 32.60
Williams' Percentage Range (W%R) 70.50
Lane's Stochastic (%D-Slow) 26.88
Greed/Fear Indicator (GFI) 29.67
Moving Average Converg./Diverg. (MACD) 0.27
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 36.11
Williams' Percentage Range (W%R) 72.60
Lane's Stochastic (%D-Slow) 58.25
Greed/Fear Indicator (GFI) 44.08
Moving Average Converg./Diverg. (MACD) -1.75
Trading Signals
Description Value Chart
Weekly Trendline Resistance 32.10
Upper Bollinger Band 30.60
Parabolic System 29.55
Weekly Stochastic Crossing 29.19
20 Day Moving Average 29.02
Price 28.37
Daily Stochastic Crossing 27.98
50 Day Moving Average 27.95
Weekly Trendline Support 27.17
Lower Bollinger Band 26.66
Sector and Industry
Description Name Rank
Sector Communication Services 6
Industry Cable & Satellite 17
Daily Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
High 30.59
High Date 12/17/2025
Low 27.10
Low Date 01/06/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 32.10
Support 27.17
Low 25.75
Low Date 10/30/2025
High 30.59
High Date 12/17/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 45.31
High Date 10/31/2024
Low 25.75
Low Date 10/30/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 47.46
High Date 08/16/2023
Low 25.75
Low Date 10/30/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 61.80
High Date 09/02/2021
Low 25.75
Low Date 10/30/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.