Comcast's most recent trend suggests a bearish bias. One trading opportunity on Comcast is a Bear Call Spread using a strike $50.00 short call and a strike $55.00 long call offers a potential 11.36% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $50.00 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $4.49 would be incurred if the stock rose above the $55.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Comcast is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Comcast is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Comcast
‘Hunger Games’ Sequel Holds No. 1 Spot Over Holiday Weekend
Tue, 03 Dec 2013 00:01:01 GMT
Bloomberg – “The Hunger Games: Catching Fire,” the film sequel about teens fighting a totalitarian regime, held the top spot in U.S. and Canadian cinemas for a second weekend with $109.9 million in sales for Lions …
‘Catching Fire,' ‘Frozen' glowing box office hits
Mon, 02 Dec 2013 23:46:40 GMT
‘Catching Fire,' ‘Frozen' glowing box office hits
Mon, 02 Dec 2013 23:46:40 GMT
AP – “The Hunger Games: Catching Fire” continues to illuminate the box office after its second weekend in theaters. Figures released by studios Monday show the “Hunger Games” sequel, starring …
Ratings Sag for Cable-TV Business News
Mon, 02 Dec 2013 23:37:13 GMT
The Wall Street Journal – Viewership is weak at business-focused cable TV channels CNBC, Fox and Bloomberg, in part a reflection of the way individual investors have ceded stock trading to large institutional investors.
Comcast testing full ad loads for on-demand shows
Mon, 02 Dec 2013 23:09:21 GMT
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