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Comcast Falls Below Key 200-Day Moving Average Level – A Critical Indicator for CMCSA

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Comcast Shares Slip Below Key Average as Market Conditions Shift

A Closer Look at Comcast’s Recent Performance

On Monday, shares of Comcast Corp (Symbol: CMCSA) dipped below their 200-day moving average of $40.59, trading as low as $40.46. This marks a decline of approximately 3.3% during the trading day. The accompanying chart provides a visual representation of CMCSA’s performance over the past year compared to its 200-day moving average:

Comcast Corp 200 Day Moving Average Chart

As indicated in the chart, the lowest point for CMCSA within the past 52 weeks was $36.43, while the highest was $47.11. The most recent trade was recorded at $40.53. The information regarding the 200-day moving average for CMCSA was retrieved from TechnicalAnalysisChannel.com.

nslideshow Discover more on 9 other dividend stocks that have also crossed below their 200-day moving average »

Additional Resources:
  • Institutional Holders of SLRN
  • SHW Options Chain
  • Funds Holding IPHA

The views and opinions expressed herein are those of the author and do not necessarily reflect the official stance of Nasdaq, Inc.

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