Comcast stock: buy or sell
Updated on:
Jul 29th, 2021
2
Comcast stock brief
- Comcast closed on Wednesday at $57.98 (-0.99%) prior to reporting financial results on Thursday
- Comcast made public its financial report on Thursday
- Comcast marked a new all-time high on Tuesday, setting the new record at $59.08.
- With the recent gains, Comcast is approaching to new all-time highs again, that are now just 1.86% above the current price
- Last Friday broke out above its latest top at $57.85
- Comcast Corporation operates as a media and technology company worldwide.
Should I buy Comcast stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. 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 $CMCSA will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Comcast stock?
When is it time to sell Comcast?. Trading strategies help us to avoid impulsive decisions based on our emotions or the noise surrounding the market. When selling, as well as buying, detailed strategies are very easy to use and are only valid for selling shares you already own, not for selling short $CMCSA stock
As a rule of thumb, you should not mantain an open trade that generates losses greater than those expected at the time of purchase. The timing to sell your stock should always be determined by the stop-loss (automatic or manual)
Is it time to sell Comcast stock?
In the current situation of Comcast there is not any eligible sell setup, so Comcast stock holders with operations in green can keep their positions
Comcast ratings
In the last 30 days we couldn't find any rating for Comcast
Comcast stock analysis
$CMCSA at new Highs
On Tuesday, Comcast hit all-time highs (ATH) again at $59.08. Previous ATHs were last May
SMAs overview
Supports and resistances
The current resistance levels are:
The current supports are:
Bollinger bands
The current range between the upper and lower bands is 3.67%, and this means that price volatility is at very low levels. The compression of the Bollinger bands is often a signal of a sudden price movement (up or down), so we must be alert and manage our buy or sell orders correctly
Relative strength index
When the stays for so long below 70 and above 30, without any indication of overvaluation and undervaluation, the indicator gets of little use, and we currently are in one of these situations.
Comcast stock price history
Comcast started trading 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. An investment of $1,000USD on the IPO would have a value of $inf nowadays.
1: Adjusted price after possible price splits or reverse-splits
Price target for Comcast stock
How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations post their analysis predicting how a stock will performance in the future.
The following table shows the price forecasts posted by financial institutions over the last 30 days. If you are a small trader you should not buy or sell based on these predictions.
In the last month we couldn't find any price target published for Comcast stock.
Earnings and financials
Comcast ($CMCSA) hosted the financial call and posted the report on Thursday.
Compared to the same quarter one year ago, EPS was $0.69, so reported EPS means -100.00%. Looking at turnover, figures merely moved compared to $266.1B same quarter last year.Comcast ($CMCSA) presents financial report next October.
Comcast performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Comcast ($CMCSA) | 3.70% | 4.00% | 17.00% |
Disclaimer:
The opinions contained in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this article does not know the specific conditions of the reader, his or her finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are expressed for general educational motives onlyComcast summary
| Wednesday, July 28th, 2021 | |
|---|---|
| Open | $58.25 |
| Close | $57.98 |
| Day range | $57.38 - $58.54 |
| Previous close | $58.56 |
| Session gain | -0.99% |
| Average true range | $0.94 |
| 50d mov avg | $56.84 |
| 100d mov avg | $56.07 |
| 200d mov avg | $52.54 |
| Earnings date | October 27th, 2021 |