COMERICA INC (CMA)
US2003401070 - Common Stock
Overall CMA gets a technical rating of 9 out of 10. Both in the recent history as in the last year, CMA has proven to be a steady performer, scoring decent points in every aspect analyzed.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, CMA did better than 83% of all other stocks.
CMA is one of the better performing stocks in the Banks industry, it outperforms 71% of 406 stocks in the same industry.
CMA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CMA is lagging the market slightly.
In the last month CMA has a been trading in the 55.97 - 61.84 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CMA has an average volume of 1883690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, CMA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 61.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 59.03, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
50.70
62.12
We found 3 important support areas.
- A support zone ranging from 57.87 to 59.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 54.68 to 54.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.21 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 61.00 to 61.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.82
Mansfield0.14
10 Day High60.2
10 Day Low57.24
20 Day High61.84
20 Day Low55.97
52 Week High61.84
52 Week Low37.4
Performance
1 Week2.06%
2 Weeks1.06%
1 Month5.16%
3 Month6.79%
6 Month15.79%
12 Month45.49%
2 Year-15.84%
3 Year-30.27%
5 Year-9.31%
10 Year24.28%
15 Year113.8%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.26
RSI(14)56.2
LBB57.25
UBB61.19
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 61.51 | 57.86 | 3.65 (5.93%) | 16.85% |
| An entry @61.51. This is a Buy Stop order right above the resistance zone. | An exit @57.86. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.65 points, which is 5.93%. | For a 1.00% total portfolio risk, you can invest 16.85% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
COMERICA INC
NYSE:CMA (10/10/2024, 10:07:59 AM)
59.21
-0.12 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.2%
1 Week2.06%
2 Weeks1.06%
1 Month5.16%
3 Month6.79%
6 Month15.79%
12 Month45.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.47
ATR(20)%2.51%
ATR Inc
Range Today0.44
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High60.2
10 Day Low57.24
20 Day High61.84
20 Day Low55.97
52 Week High61.84
52 Week Low37.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume141.56K
Volume Incr-15.68%
Vol(5)1.74M
Vol(50)1.88M