Comcast's most recent trend suggests a bearish bias. One trading opportunity on Comcast is a Bear Call Spread using a strike $55.00 short call and a strike $60.00 long call offers a potential 5.04% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.00 by expiration. The full premium credit of $0.24 would be kept by the premium seller. The risk of $4.76 would be incurred if the stock rose above the $60.00 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 at 50.8 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Comcast
“The Office” is the most powerful force in streaming
Wed, 13 Jan 2021 20:11:13 +0000
As the most popular series on a streaming service, The Office is a big loss for Netflix, and a bigger gain for NBCUniversal's Peacock.
Anticipated Cord Cutting to Aid Streaming Providers in 2021
Wed, 13 Jan 2021 14:54:02 +0000
Rise in cord cutting with more people shifting to OTT platform is expected to boost the top line of new streaming challengers including DIS, CMCSA and T in the NFLX-dominated streaming space in 2021.
More companies pause political donations following Capitol riots
Tue, 12 Jan 2021 20:03:18 +0000
Yahoo Finance’s Brian Cheung and Anthony D’Angelo, Professor of Public Relations at Syracuse University, discuss companies pulling back on political donations after the Capitol riots.
A Record-Breaking 5G Spectrum Auction Is Nearly Done. What It Means for AT&T, Verizon and T-Mobile.
Tue, 12 Jan 2021 18:30:00 +0000
“We continue to argue that carriers can’t overspend on this spectrum,” wrote New Street analyst Jonathan Chaplin on Monday.
Regulatory scrutiny should apply to all content providers, including telecom companies: former Facebook executive
Tue, 12 Jan 2021 18:08:09 +0000
The violent insurrection last week reignited scrutiny against social media companies for their role in the buildup to the violence at the U.S. Capitol.
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