Cmcsa price predictions in one week
8/2/2024 11:46pm
The forecast price for Comcast (CMCSA) stock in the next week is expected to be $39.55. This prediction is based on the closing price of $40.3 on August 2, 2024, and it indicates a potential decrease of approximately 2.35% from the current price.
1. **Current Technical Indicators**: The 5-day moving average is $40.66, the 10-day moving average is $39.74, and the 20-day moving average is $39.25. These indicators suggest a short-term uptrend, but the stock is approaching the 20-day moving average, which could indicate a potential reversal.
|Ticker|Name|5-Day Moving Average|20-Day Moving Average|10-Day Moving Average|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|CMCSA.O|Comcast|40.6580|39.2510|39.7350|20240802|CMCSA|185|
2. **Recent Performance**: The stock has experienced a 1-week percentage change of 5.46% and a 1-month percentage change of 5.68%. This positive momentum could support the stock price in the short term.
|Ticker|Name|Interval Percentage Change|Date|code|market_code|
|---|---|---|---|---|---|
|CMCSA.O|Comcast|5.647274633123693|20240703-20240802|CMCSA|185|
|CMCSA.O|Comcast|5.426255230125512|20240726-20240802|CMCSA|185|
3. **Investor Sentiment**: Investor sentiment towards Comcast is positive, with a sentiment score of 85 out of 100. This suggests that investors have a favorable outlook on the stock.
4. **Market Dynamics**: The broader market sentiment and specific news related to Comcast, such as the resolution of disputes with Disney over Hulu's valuation, could influence the stock's performance.
It's important to consider that forecast prices are based on historical data and market trends, which can be subject to uncertainty and change. Investors should also consider their investment horizon and risk tolerance when making investment decisions.