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Comcast’s Technical Indicators: Peer Comparison

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Nov. 20 2020, Updated 11:28 a.m. ET

Technical indicators

Traders and investors analyze technical indicators when making market entry and exit decisions. Moving averages and the RSI (relative strength index) are among the most widely used technical indicators. An RSI score below 30 signifies that a stock is oversold, while an RSI scores above 70 indicates that a stock is overbought. In this final part of the series, we’ll look at Comcast’s technical indicators and compare them with those of other media companies.

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100-day moving averages

On January 30, 2017, Comcast (CMCSA) was trading 10.8% above its 100-day moving average. In comparison, The Walt Disney Company (DIS) was trading around 12.1% above its 100-day moving average. 21st Century Fox (FOXA) was trading 16.2% above its average, and Time Warner (TWX) was trading around 9.8% above its 100-day moving average.

Relative strength index

Comcast currently has a 14-day RSI reading of 77. In comparison, Disney has a 14-day RSI reading of 64, which has led traders to believe the stock is overbought. For ongoing updates and analyses, keep checking Market Realist’s Tech, Media, and Telecom page.

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