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Comcast Corp-A Crosses Above its 10-day MA (CMCSA)

By Shiri Gupta

Today, shares of Comcast Corp-A (NASDAQ:CMCSA) have advanced above their 10-day MA of $36.39 on a volume of 3.4 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Comcast Corp-A have traded between a low of $30.43 and a high of $44.00 and are now at $36.77, which is 21% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.6%.

SmarTrend recommended that subscribers consider buying shares of Comcast Corp-A on June 14th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $33.42. Since that recommendation, shares of Comcast Corp-A have risen 8.0%. We continue to monitor CMCSA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses comcast corp-a

Ticker(s): CMCSA