Thursday, February 28, 2008

Comcast Corporation(CMCSA) has rising momentum with an uptrend

(28-Feb-2008) (28-Feb-2008) Comcast Corporation(CMCSA) closed at 20.26, up 0.09 or 0.45 % for the day. Based on our analysis, Comcast Corporation(CMCSA) has rising momentum with an uptrend.

The closing price of Comcast Corporation(CMCSA) is above its 50 day moving average of 18.09 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that Comcast Corporation(CMCSA) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 13-Feb-2008, about 11 trading days ago.

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