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CMCSA Stock Forecast & Comcast Corporation Chart Analysis

This article provides a detailed analysis of CMCSA-Comcast Corporation stock including a forecast for CMCSA shares. It features Comcast Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

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CMCSA Historical Data Review

CMCSA Current Price Performance Analysis

The Comcast Corporation - CMCSA stock traded on the American stock market, on 06-05-2024, closed at 39.14$ with a %-1.06 decreased compared to the previous day.

In the last month, the price of CMCSA changed by %1.69 increased in value, from 38.49 dollars on 05-06-2024 to 39.14 dollars, increased.

Last year, the price of CMCSA was 39.46 dollars on 06-06-2023, and changed by %-0.81 decreased in value, to 39.14 dollars decreased within a year.

The price of Comcast Corporation stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.

CMCSA with AI Stock Forecast & Price Target

CMCSA stock forecast Comcast Corporation price target

On the CMCSA chart Comcast Corporation price was recorded as 39.14 Dollars on 06/05/2024.

The artificial intelligence's forecast on CMCSA stock is as follows.

The artificial intelligence's prediction error margin for CMCSA stock is high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Comcast Corporation stock over the next 4 months is: 36.1 Dollars.

The commentary on CMCSA stock Target Price: Highest: 40.054 Dollars is predicted.

The commentary on CMCSA stock Target Price: Lowest: 33.832 Dollars is predicted.

Resistance Price where Comcast Corporation stock will Rise and Fall:

Date Price Prediction
06-20-2024 40.054
10-03-2024 35.317
12-12-2024 35.773
01-31-2025 36.349

Support Price where Comcast Corporation stock will Fall and Rise:

Date Price Prediction
09-13-2024 34.675
11-07-2024 33.832
12-27-2024 35.737
03-17-2025 35.490

The commentary on CMCSA stock: The target price can generally be said to be on the decline.

The commentary on CMCSA stock: Fluctuations in the target price can be expected in the coming days.

The target price for Comcast Corporation stock by the end of 2024 is predicted to be 35.737 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on CMCSA stock, and the 2024 target price predictions for Comcast Corporation are detailed above.

The technical analysis and charts for the commentary on CMCSA stock are below.

CMCSA Support & Resistance and Trend Analysis

CMCSA review Comcast Corporation technical analysis trend chart CMCSA priceCMCSA stock support and resistance price chart

CMCSA stock you have reviewed the technical analysis support resistance charts regarding.

CMCSA : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the CMCSA review, the Comcast Corporation support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Comcast Corporation Support and Resistance Prices:

CMCSA Support Level Price CMCSA Resistance Level Price
36.43 40.06
37.84 41.12
37.85 43.07
40.64 43.42
40.67 43.59
40.69 43.68
40.74 45.00
40.77 46.34
41.51 47.11
42.08

CMCSA Technical Analysis: SMA, RSI, MACD

CMCSA review Comcast Corporation SMA chart analysis CMCSA priceCMCSA buy or sell review Comcast Corporation MACD chart analysis CMCSA price

Upon reviewing the CMCSA chart, buy and sell signals have been generated in the Comcast Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for CMCSA stock are as follows:
  1. The technical analysis for CMCSA indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  2. The technical analysis for Comcast Corporation issued a 'Buy' signal when the MACD was at -0.323, with the current MACD value being: -0.083

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Comcast Corporation stock: Click here to read more predictions on International Business Machines stock.

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