|
|
Downtrend Broken Resist.Archive
- 6/6/2025 -
Sign In to see current Signals. |
Comcast Corp. (CMCSA) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Comcast Corp. (CMCSA). During the week, the CMCSA climbed 0.13 points, or 0.38%, and closed at 34.70 on Friday, June 6, 2025. Weekly volume was -8% below average.
CMCSA is a member of Communication Services Sector. Communication Services is the second 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 uptrend had started on October 13, 2022 at 28.39 and reached 47.46 on August 16, 2023. CMCSA gained -19.07 points, or -67.17%, in 43 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (42.24) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See CMCSA medium-term trend chart]
A medium-term downtrend had started on October 31, 2024 at 45.31 and reached 31.44 on April 24, 2025. CMCSA lost 13.87 points, or 30.61%, in 25 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (30.89) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken 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 16, 2025. The distance between MACD and the signal line is low, but getting bigger. 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 April 24, 2025 at 31.44 and reached 35.78 on May 20, 2025. CMCSA gained -4.34 points, or -13.80%, in 26 days. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 34.00 and resistance is at 37.07. 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 Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See CMCSA daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since May 28, 2025. The distance between MACD and the signal line is low and getting smaller.
A Parabolic SAR (stop and reversal) indicator (34.83) comes close to the price (34.70). It indicates that the trend is getting weaker. 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 distance between the Bollinger Bands is falling, and it was 4.73% on Friday. It is 50.23% lower than one year average. It indicates the period of low volatility of the stock price. 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 20 Day Moving Average 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.
| |
|
|