Move cursor over the icon to see details.
|It was a first positive week for the Comcast Corp. (CMCSA). During the week, the CMCSA gained 1.22 points, or 3.16%, and closed at 39.79 on Friday, February 16, 2018. Weekly volume was 11% above average. |
CMCSA is a member of Services Sector. Services is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See CMCSA long-term trend chart]
A long-term downtrend had started on January 26, 2017 at 76.87 and reached 34.78 on November 3, 2017. CMCSA lost 42.09 points, or 54.75%, in 40 weeks. The price is now at the 11.90% retracement level.
Medium-term trend: [See CMCSA medium-term trend chart]
A medium-term downtrend had started on January 24, 2018 at 44.00 and reached 37.43 on February 9, 2018. CMCSA lost 6.57 points, or 14.93%, in 2 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (39.68). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line 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 May 26, 2017. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See CMCSA short-term trend chart]
A short-term uptrend had started on February 9, 2018 at 37.43 and reached 40.42 on February 16, 2018. CMCSA gained -2.99 points, or -7.99%, in 7 days. The price is now at the 21.07% retracement level.
Daily Technical Indicators: [See CMCSA daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since January 25, 2018.
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.