Comcast's most recent trend suggests a bearish bias. One trading opportunity on Comcast is a Bear Call Spread using a strike $41.00 short call and a strike $46.00 long call offers a potential 10.13% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $41.00 by expiration. The full premium credit of $0.46 would be kept by the premium seller. The risk of $4.54 would be incurred if the stock rose above the $46.00 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.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Comcast
Biden talks up free internet service for low-income households after deal with AT&T, other ISPs: ‘This is a case where big business stepped up’
Mon, 09 May 2022 18:38:00 +0000
President Joe Biden continues to highlight his efforts to lower costs, while analysts predict defeats for his Democratic Party in November’s midterm elections if high prices persist.
Ed Helms, Evander Holyfield and FaZe Clan Have Never Been Mentioned in the Same Sentence, Until Now
Mon, 09 May 2022 16:00:00 +0000
PHILADELPHIA, May 09, 2022–Comcast today announced that Ed Helms, actor, comedian and star of Peacock’s Rutherford Falls and True Story, NBC’s The Office, and feature films like The Hangover trilogy, will star in the company’s new Xfinity Internet advertising. The campaign will showcase how Xfinity’s supersonic WiFi is made to help you do anything –– just like the everyday characters Helms is known to portray on the big screen – so you can be unbeatable.
The Zacks Analyst Blog Highlights Comcast, CME Group, Charter Communications, Airbnb, and Edwards Lifesciences
Mon, 09 May 2022 15:14:03 +0000
Comcast, CME Group, Charter Communications, Airbnb, and Edwards Lifesciences are part of Top analyst Blog.
Comcast Introduces Additional Efforts to Increase Participation in the Affordable Connectivity Program
Mon, 09 May 2022 13:00:00 +0000
PHILADELPHIA, May 09, 2022–As the one-year anniversary of the Affordable Connectivity Program (ACP), and its predecessor the Emergency Broadband Benefit (EBB), approaches, Comcast today announced new developments in its efforts to increase awareness and help people take advantage of the life-changing program that provides $30 each month toward their connectivity needs.
Top Analyst Reports for Comcast, CME & Charter Communications
Fri, 06 May 2022 22:36:10 +0000
Today's Research Daily features new research reports on 16 major stocks, including Comcast Corporation (CMCSA), CME Group Inc. (CME), and Charter Communications, Inc. (CHTR).
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