Comcast Corp. ($CMCSK) - Overbought - views

Comcast Corp. has hit a technical signal on 3 different technical indicators. CMCSK is in the Consumer Services sector. The technical signals indicate that the stock is Overbought right now. The 3 indicators: Commodity Channel Index, Relative Strength Index and the Fast Stochastics were all triggered based on the last closing price of $28.39 on Feb 17.

There are currently no analysts that cover the company.

Over the last 52 weeks, the stock has been trading between $18.74 and $28.43. More recently in the last 4 weeks, the stock has been trading between $24.76 and $28.43. Yesterday the stock traded between $27.61 and $28.43. The stock currently has a PE ratio of 15.0.

Comcast Corp. is trading 9.1% from its 20-day simple moving average (SMA) of $26.03 and 14.8% from its 50-day SMA and 23.46% from its 200-day SMA. Average daily volume over the last 30 days has been 3,940,451 shares.

At yesterdays close: the RSI was at 84.1, the CCI was at 236.1 and the Fast Stochastic was at 98.8. CMCSK closed yesterday at $28.39, on volume of 5,370,200 shares as compared to an average volume of 3,940,451 over the last 4 weeks.

Comcast Corporation, together with its subsidiaries, provides entertainment, information, and communications products and services in the United States and internationally. Its Cable Communications segment provides video, high-speed Internet, and phone services to residential and business customers. As of June 30, 2011, its cable systems served approximately 22.5 million video customers, 17.5 million high-speed Internet customers, and 9.1 million phone customers. The company's Cable Networks segment operates cable entertainment networks, such as USA Network, Syfy, E!, Bravo, Oxygen, Style, G4, Chiller, Sleuth, and Universal HD; news and information networks, including CNBC, MSNBC, and CNBC World; cable sports networks comprising Golf Channel and VERSUS; regional sports and news networks; international entertainment, and news and information networks, such as CNBC Europe, CNBC Asia, and Universal Networks International portfolio of networks; cable television production operations; and digital media properties consisting primarily of brand-aligned Websites and other Websites, such as DailyCandy, Fandango, and iVillage. Its Broadcast Television segment operates the U.S. broadcast networks, NBC and Telemundo; 10 NBC and 15 Telemundo owned local television stations; broadcast television productions; and related digital media properties. The company's Filmed Entertainment segment operates Universal Pictures, which produces, acquires, markets, and distributes filmed entertainment and stage plays worldwide in various media formats for theatrical, home entertainment, television, and other distribution platforms. Its Theme Parks segment operates Universal Studios Hollywood park and Wet 'n Wild water park, as well as licenses intellectual properties and provides services to third parties that own and operate Universal Studios Japan and Universal Studios Singapore. Comcast Corporation was founded in 1963 and is based in Philadelphia, Pennsylvania.

Technical Indicators should be used as the starting point for further analysis. These indicators are provided as a guide to help you determine what assets to analyze. The technical indicators used in this article can indicate that an asset is either overbought or oversold, but that indication could be the result of a fundamental or other type of event like an earnings announcement.

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