The Greedy Trader Weekly Analysis
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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.

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- 1/23/2026 -
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Comcast Corp. (CMCSA) Technical Analysis

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Summary:
Weekly :
Daily :Bearish Advance Block CandlestickDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARPrice has crossed above the 50 Day Moving AveragePrice is near the Fibonacci 61.8% retracement levelThe price moved above the moving average in the center of the Bollinger Bands
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It was a first positive week after 3 consecutive negative weeks for the Comcast Corp. (CMCSA). During the week, the CMCSA gained 1.48 points, or 5.32%, and closed at 29.30 on Friday, January 23, 2026. Weekly volume was 50% 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 18.15% 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 27.46 and resistance is at 33.00. 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. 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. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.

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

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

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has moved above 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.

During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Candlestick pattern: [See CMCSA candlestick chart pattern]
On Friday the chart has formed a Bearish Advance Block Candlestick pattern. This pattern occurs in an uptrend; it is not a top reversal pattern, but it might precede a meaningful price decline. The reliability of the Bearish Advance Block pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Advance Block Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.15
Williams' Percentage Range (W%R) 37.30
Lane's Stochastic (%D-Slow) 66.30
Greed/Fear Indicator (GFI) 59.06
Moving Average Converg./Diverg. (MACD) 0.05
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.75
Williams' Percentage Range (W%R) 62.80
Lane's Stochastic (%D-Slow) 63.80
Greed/Fear Indicator (GFI) 50.24
Moving Average Converg./Diverg. (MACD) -1.65
Trading Signals
Description Value Chart
Weekly Trendline Resistance 33.00
Upper Bollinger Band 30.21
Price 29.30
Daily Stochastic Crossing 28.96
Weekly Stochastic Crossing 28.87
20 Day Moving Average 28.82
50 Day Moving Average 28.14
Weekly Trendline Support 27.46
Parabolic System 27.26
Lower Bollinger Band 27.11
Sector and Industry
Description Name Rank
Sector Communication Services 6
Industry Cable & Satellite 14
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
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 33.00
Support 27.46
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.