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How Does the Market Feel About Comcast Corporation (CMCSA) Stock Friday?

Friday, December 06, 2019 09:57 AM | InvestorsObserver Analysts

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How Does the Market Feel About Comcast Corporation (CMCSA) Stock Friday?

Comcast Corporation (CMCSA) stock is higher by 0.52% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.

Click Here to get the full Stock Score Report on Comcast Corporation (CMCSA) Stock.

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.

Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.

InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.

The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With CMCSA Stock Today?

Comcast Corporation (CMCSA) stock is trading at $44.38 as of 9:39 AM on Friday, Dec 6, an increase of $0.34, or 0.77% from the previous closing price of $44.04. The stock has traded between $44.20 and $44.42 so far today. Volume today is light. So far 6,595 shares have traded compared to average volume of 17,422,557 shares.

To screen for more stocks like Comcast Corporation click here.

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