Comcast 15-Min Chart Signals MACD, KDJ Death Cross

Monday, Sep 16, 2024 10:51 am ET1min read
CMCSA--

On the 15-minute chart, Comcast Corporation exhibited a bearish signal with the manifestation of a Moving Average Convergence Divergence (MACD) Death Cross at 10:45 on September 16, 2024. Concurrently, a Death Cross was also observed in the KDJ indicator. These technical patterns suggest a likelihood of a continued decline in the stock's price. They indicate that the momentum is veering towards a downward trajectory, with the potential for further depreciation in value.

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