Comcast Corporations stock price (CMCSA) returned higher in latest intraday trading, amid the dominance of the upward correctional trend in the short term and trading alongside a rising trend line, with ongoing positive pressure due to trading above the 50-day SMA. However, in contrast, we notice negative signals streaming from the Stochastic after reaching extremely overbought levels, which may cap upcoming gains.

Therefore we expect the stock to rise in upcoming trading, as long as the support of $35.00 holds on, targeting the pivotal resistance of $37.98.

Todays price forecast: Bullish