Comcast's most recent trend suggests a bearish bias. One trading opportunity on Comcast is a Bear Call Spread using a strike $53.50 short call and a strike $58.50 long call offers a potential 12.11% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $53.50 by expiration. The full premium credit of $0.54 would be kept by the premium seller. The risk of $4.46 would be incurred if the stock rose above the $58.50 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
Final Glance: Media companies
Wed, 01 Oct 2014 22:20:22 GMT
Final Glance: Media companies
Wed, 01 Oct 2014 22:20:22 GMT
[$$] Comcast Protests Houston Sports Channel's New Sale Proposal
Wed, 01 Oct 2014 18:09:35 GMT
The Wall Street Journal – Comcast Corp. is fighting a new proposal to sell Comcast SportsNet Houston out of bankruptcy to DirecTV and AT&T Inc.
Midday Glance: Media companies
Wed, 01 Oct 2014 17:16:44 GMT
Comcast to Drop Xfinity Streampix Service on Weak Demand
Wed, 01 Oct 2014 16:55:03 GMT
Zacks – Comcast Corp. (CMCSA) has decided to suspend the much-hyped Xfinity Streampix Service.
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