Want to know Comcast’s current price and what’s next for CMCSA shares? On this page, we share the latest Comcast news and advice on buying stocks. You can also view Comcast Stock Forecast for 2022 and 2023 from our experts.
Should you buy or sell Comcast shares today? To what levels can the shares of this company rise in a year, two, three? How much will Comcast papers cost in 2021, 2022, 2023? We have been making currency rate forecasts for a long time, and we can also predict the behavior of the stock market using technical analysis and simple indicators.
We also take into account the technical, fundamental analysis of stocks, the news background, the general geopolitical situation in the world and other, smaller factors. The stock forecasts indicate target levels for CMCSA shares, both up and down.
Comcast Stock Forecast for 2022 and 2023
Quotes Comcast continue to move within the framework of the formation of the model “Wedge”. There are risks to see a fall already from current levels. The moving averages indicate a short-term bullish trend for CMCSA shares. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of securities and a likely continuation of the rise in the near future. At the time of publication of the forecast, the value of the shares is 61.14 per share. As part of the forecast, we should expect an attempt to develop a fall and test the support level near the 50.05 area. Further, the price bounces up and the continued rise in the value of securities. The potential target of such a movement in shares is the area above the level of 85.05 already in 2021, 2022, 2023.
An additional signal in favor of the growth of Comcast quotes will be a test of the bullish trend line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the rising channel. Cancellation of the option to raise the price of Comcast shares will be a fall and a breakdown of the level of 40.55. This will indicate a breakdown of the support area and the lower border of the channel, in which case we can consider a continuation of the decline in securities to the area at the level of 30.55. It is worth waiting for confirmation of the rise in shares with a breakdown of the resistance area and closing above the level of 65.05, which will indicate the cancellation of the formation of the “Wedge” reversal pattern.
Comcast Stock Forecast for 2022 and 2023 assumes the development of a decline and a test of the support area near the level of 50.05. Where should we expect a rebound and an attempt to continue the rise of shares in the area above the level of 85.05. In favor of the growth of securities, a test of the trend line on the relative strength index (RSI) will come out. Cancellation of the CMCSA rise option will be a fall and a breakdown of the level of 40.55. This will indicate a breakdown of the lower border of the channel and a continuation of the fall in value to the area below the level of 30.55.
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