The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

Archive
- 6/13/2025 -
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Comcast Corp. (CMCSA) Technical Analysis

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Summary:
Weekly :Broken trend support lineBroken trend resistance line
Daily :Daily  MACD line has moved above its signal lineThe price has risen above the Parabolic SAR
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It was a third consecutive positive week for the Comcast Corp. (CMCSA). During the week, the CMCSA climbed 0.31 points, or 0.89%, and closed at 35.01 on Friday, June 13, 2025. Weekly volume was -20% below average.

Long-term trend: [See CMCSA long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 28.39 and reached 47.46 on August 16, 2023. CMCSA gained -19.07 points, or -67.17%, in 43 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (42.34) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.

Medium-term trend: [See CMCSA medium-term trend chart]
A medium-term downtrend had started on October 31, 2024 at 45.31 and reached 31.44 on April 24, 2025. CMCSA lost 13.87 points, or 30.61%, in 25 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (30.80) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See CMCSA weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since May 16, 2025. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.

Short-term trend: [See CMCSA short-term trend chart]
A short-term uptrend had started on June 2, 2025 at 33.83 and reached 35.77 on June 11, 2025. CMCSA gained -1.94 points, or -5.73%, in 9 days. The chart has formed a Broadening Ascending Wedge chart pattern.

Daily Technical Indicators: [See CMCSA daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.11
Williams' Percentage Range (W%R) 26.60
Lane's Stochastic (%D-Slow) 71.52
Greed/Fear Indicator (GFI) 66.68
Moving Average Converg./Diverg. (MACD) 0.05
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 38.32
Williams' Percentage Range (W%R) 45.10
Lane's Stochastic (%D-Slow) 60.42
Greed/Fear Indicator (GFI) 54.40
Moving Average Converg./Diverg. (MACD) -1.25
Trading Signals
Description Value Chart
Upper Bollinger Band 35.69
Daily Stochastic Crossing 35.34
Price 35.01
20 Day Moving Average 34.86
Parabolic System 34.67
50 Day Moving Average 34.44
Weekly Stochastic Crossing 34.16
Lower Bollinger Band 33.94
Monthly Trendline Resistance 32.27
Monthly Trendline Support 30.80
Sector and Industry
Description Name Rank
Sector Communication Services 6
Industry Cable & Satellite 62
Daily Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Low 33.83
Low Date 06/02/2025
High 35.77
High Date 06/11/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 31.44
Low Date 04/24/2025
High 35.78
High Date 05/20/2025
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 32.27
Support 30.80
High 45.31
High Date 10/31/2024
Low 31.44
Low Date 04/24/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 47.46
High Date 08/16/2023
Low 31.44
Low Date 04/24/2025
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 44.23
Support 42.34
Low 28.39
Low Date 10/13/2022
High 47.46
High Date 08/16/2023
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.