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CMCSA Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Tuesday, August 2, 12:06 PM ET
Now Playing: Learn About The 200 DMA


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In trading on Tuesday, shares of Comcast Corp (NASDAQ:CMCSA) crossed below their 200 day moving average of $23.45, changing hands as low as $23.32 per share. Comcast Corp shares are currently trading down about 2.2% on the day. The chart below shows the one year performance of CMCSA shares, versus its 200 day moving average:

Comcast Corp 200 Day Moving Average Chart

Looking at the chart above, CMCSA's low point in its 52 week range is $16.76 per share, with $27.16 as the 52 week high point — that compares with a last trade of $23.35.

CMCSA operates in the Television & Radio sector, among companies like Global Traffic Network Inc (GNET) which is up about 1% today, and Entercom Communications Corp (NYSE:ETM) trading higher by about 1%. Below is a three month price history chart comparing the stock performance of CMCSA, versus GNET and ETM.

CMCSA,GNET,ETM Relative Performance Chart


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This Article's Word Cloud:   Average   Below   CMCSA   Comcast   Corp   Entercom   GNET   Global   Investment   Moving   Network   Portfolio   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   completely   countries   currently   designed   growth   hands   history   leads   moving   operates   performance   point   portfolio   price   program   range   raquo   share   shares   short   stocks   terms   trading   versus   week   with   year
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