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Comcast (CMCSA) Downgrade Alert, Watch for 9.1% Technical Downtrend Continuation

Nov 05, 2009 (SmarTrend(R) Spotlight via COMTEX) --

Company: Comcast Corp. (CMCSA)

Comcast (NASDAQ:CMCSA) downgraded to Hold at Collins Stewart. The stock closed yesterday at $14.06 on volume of 44,731,200 shares, above average daily volume of 22,842,869.

Comcast is currently below its 50-day moving average of $15.89 and below its 200-day moving average of $14.60.

SmarTrend is bearish on shares of CMCSA and our subscribers received a Downtrend alert on October 02, 2009 at $15.46, which has returned 9.1% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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News Provided by COMTEX

Company: Comcast Corp. (CMCSA)


Related terms: market, nasdaq, securities

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