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Comcast Corp-A Looks to Continue to Trade Above its Annual-High Share Price Today

By Nick Russo

Shares of Comcast Corp-A (NASDAQ:CMCSA) traded today at $46.81, breaking its 52-week high. Approximately 2 million shares have changed hands today, as compared to an average 30-day volume of 15.7 million shares.

Over the past year, Comcast Corp-A has traded in a range of $32.61 to $46.81 and is now at $46.81, 44% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.5%.

Comcast Corporation provides media and television broadcasting services. The Company offers video streaming, television programming, high-speed internet, cable television, and communication services. Comcast serves customers worldwide.

Comcast Corp-A (NASDAQ:CMCSA) defies analysts with a current price ($46.81) 3.8% above its average consensus price target of $45.05. Comcast Corp-A shares have support at the 50-day moving average (MA) of $43.62 and additional support at the 200-day MA of $40.38.

SmarTrend recommended that subscribers consider buying shares of Comcast Corp-A on August 19th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $43.88. Since that recommendation, shares of Comcast Corp-A have risen 5.8%. We continue to monitor CMCSA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows comcast corp-a

Ticker(s): CMCSA