Comcast (Germany) Technical Analysis

CTP2 Stock  EUR 36.71  3.39  8.45%   
As of the 11th of December 2024, Comcast shows the Mean Deviation of 1.23, downside deviation of 2.09, and Risk Adjusted Performance of 0.0342. Comcast technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Comcast variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if Comcast is priced correctly, providing market reflects its regular price of 36.71 per share.

Comcast Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Comcast, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Comcast
  
Comcast's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Comcast technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Comcast technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Comcast trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Comcast Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Comcast volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Comcast Trend Analysis

Use this graph to draw trend lines for Comcast. You can use it to identify possible trend reversals for Comcast as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Comcast price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Comcast Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Comcast applied against its price change over selected period. The best fit line has a slop of   0.09  , which means Comcast will continue generating value for investors. It has 122 observation points and a regression sum of squares at 286.81, which is the sum of squared deviations for the predicted Comcast price change compared to its average price change.

About Comcast Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Comcast on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Comcast based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Comcast price pattern first instead of the macroeconomic environment surrounding Comcast. By analyzing Comcast's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Comcast's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Comcast specific price patterns or momentum indicators. Please read more on our technical analysis page.

Comcast December 11, 2024 Technical Indicators

Most technical analysis of Comcast help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Comcast from various momentum indicators to cycle indicators. When you analyze Comcast charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for Comcast Stock analysis

When running Comcast's price analysis, check to measure Comcast's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Comcast is operating at the current time. Most of Comcast's value examination focuses on studying past and present price action to predict the probability of Comcast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comcast's price. Additionally, you may evaluate how the addition of Comcast to your portfolios can decrease your overall portfolio volatility.
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