Comcast's most recent trend suggests a bearish bias. One trading opportunity on Comcast is a Bear Call Spread using a strike $52.50 short call and a strike $57.50 long call offers a potential 6.84% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.50 by expiration. The full premium credit of $0.32 would be kept by the premium seller. The risk of $4.68 would be incurred if the stock rose above the $57.50 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 at 34.91 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Comcast
Seth Meyers' ‘Late Night' debut draws biggest audience since 2005
Wed, 26 Feb 2014 00:01:26 GMT
Do You Need to Worry About the Netflix-Comcast Deal?
Tue, 25 Feb 2014 23:31:58 GMT
Final Glance: Media companies
Tue, 25 Feb 2014 23:02:36 GMT
Final Glance: Media companies
Tue, 25 Feb 2014 23:02:36 GMT
AP – Shares of some top media companies were up at the close of trading: Comcast Corp. rose $.61 or 1.1 percent, to $54.64. Walt Disney Co. rose $.11 or .1 percent, to $75.67. Gannett rose $.11 or .4 percent, …
Governor Corbett Joins Comcast Officials In Formally Opening Harrisburg Customer Support Center
Tue, 25 Feb 2014 22:46:00 GMT
PR Newswire – HARRISBURG, Pa., Feb. 25, 2014 /PRNewswire/ — Pennsylvania Governor Tom Corbett today joined Comcast officials in marking the formal opening of the company's new customer support center in Susquehanna Township, Dauphin County. Employees at the 110,000-square foot facility at 2801 Valley Road have been providing support for Comcast residential products and services for several months, handling calls from across the Northeast Division, which serves almost eight million customers in 14 northeastern states from Maine through Virginia and the District of Columbia. Extensive renovations and installation of state-of-the-art technology are now complete. “Comcast's investment and growth in the mid-state means 600 job opportunities for Pennsylvanians,” said Governor Tom Corbett.
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