Comcast stock: buy or sell

CMCSA stock price: $48.69 -1.80% At close on Jan 15th, 2021

Updated on:
Jan 16th, 2021

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Comcast stock brief

  • Comcast stock went down -1.80% to close at $48.69 on the stock market on Friday.
  • Comcast is presenting its earnings report next Thursday
  • The price is currently under the lower Bollinger band, which often indicates a short-term rebound that you better not try to trade
  • Macquarie posted a neutral rating for Comcast on Thursday, targeting $58.00
  • Comcast Corporation operates as a media and technology company worldwide.

Should I buy Comcast stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $CMCSA stock a buy?

In the current situation of Comcast there is not any eligible buy setup. This doesn't mean we expect a selloff for $CMCSA in the next few days, or that it may not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Comcast stock?

When you are a novel trader and you own stock shares with some profit, it's really hard to decide the good moment to sell and get your profits. Trading strategies allow us to avoid impetuous decisions based on our personal emotions or the noise surrounding the market. Our trading system selects very simple setups to guide us on when is a good moment to sell a stock. Be aware that these setups are not intended for selling short $CMCSA stock

As a rule of thumb, you must never mantain a trade that leads to losses greater than those expected upon purchase. The timing to sell your stock must always be dictated by the stop-loss (automatic or manual)

Is it time to sell Comcast stock?

Currently, Comcast stock doesn't match any of our preferred sell setups, so if you own Comcast stock and your operation is in profit probably is not time to sell now

Price lost SMA50 level

Comcast shares were above the 50-d simple moving average for a month and during this time gained 11.77%. However, that bullish trend may have come to an end, or show evidences of weakening, since the price dropped below the sma50 threshold on Thursday. For medium-term investors who have benefited from the stock while the price was over the average, this flag should be a wake-up call and a reason to sell the shares and cash in on their returns

Comcast ratings

In the last 30 days, just one rating was published for Comcast

Comcast analysts' ratings - Last 30 days
Brokerage firmRating
Jan 14th, 2021
Macquarie Neutral

Comcast stock analysis

SMAs overview

CMCSA stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $49.25 (1.15% above)
  • R2: $52.24 (7.29% above)
  • R3: $52.25 (7.31% above)
  • The current support levels are:

  • S1: $47.05 (-3.37% below)
  • S2: $46.70 (-4.09% below)
  • S3: $45.99 (-5.55% below)
  • Bollinger bands

    Price readings above or below the Bollinger Bands mean that the price has has trended strongly to extreme upward or downward values. At this point, the price is below the upper band, meaning a possible near-term rebound (at least) until it is back above the band

    CMCSA stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 last November after just crossing to the overbough zone for just one day (weak signal). The RSI value on Friday was 39.92. Comcast stock collapsed a 5.47% since RSI lost the overbought zone

    CMCSA stock RSI chart

    Comcast stock price history

    Comcast went public priced at an adjusted price1 of $0.00 on Mar 1980. Since then, CMCSA stock surged by -, with an average of 0.00% per year. If you had invested thousand dollars in Comcast stock at that time, it would worth $inf today.

    1: Adjusted price after possible price splits or reverse-splits

    CMCSA stock price history chart

    Price target for Comcast stock

    Nobody knows how much a share will be priced in the future. However, many stock price forecasts are published every day by banks, financial institutions and independent analysts.

    The following table shows the price target published by financial institutions in the last month. Again, these forecasts are not direct recommendations for individual investors and should not be followed blindly.

    There is just one price target available for Comcast that predicts a price of $58.00.

    Comcast stock price predictions
    Brokerage firmPrice target
    Jan 14th, 2021
    Macquarie $53.00$58.00

    Earnings and financials

    Comcast ($CMCSA) is hosting the earnings call next Thursday. Analysts forecast of $0.48, that is a 26.15% less than previous quarter.

    Comcast ($CMCSA) had the quarterly financial call and posted the report last October. Comcast presented earnings of $0.65 per share on sales of $25.5 billion. The consensus earnings estimate was $0.52 per share on revenue of $24.7 billion.

    For comparison, the EPS for the same quarter last year was $0.79, so reported EPS is a loss of -17.72%. Sales merely changed on an annualized basis in the , from $268.3B to $255.3B last quarter.

    Comcast performance

    CMCSA performance compared
    Company1m3m6m
    Comcast ($CMCSA) -5.30% 8.20% 17.10%

    Important note:
    The opinions published in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this paper does not know the individual positions of the reader, his or her own financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are expressed for educative reasons only

    Comcast summary

    Friday, January 15th, 2021
    Open$49.21
    Close$48.69
    Day range$48.15 - $49.26
    Previous close$49.58
    Session gain-1.80%
    Average true range$1.56
    50d mov avg$49.90
    100d mov avg$47.16
    200d mov avg$43.18
    Earnings dateJanuary 21st, 2021

    Frequently asked questions

    What is Comcast stock symbol?

    Comcast Corporation is a public company trading in the US stock market with the CMCSA symbol

    Is Comcast stock a buy or sell?

    Comcast had one rating in the last four weeks Read the article to get additional tips on trading CMCSA stock.

    Will CMCSA go up?

    Comcast had different price forecasts published by market analysts in the last 30 days setting the target price to $58.00. That is a 19.12% than the current price ($48.69).