COMERICA INC (CMA) Stock Technical Analysis
NYSE:CMA - New York Stock Exchange, Inc. - US2003401070 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to CMA. CMA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CMA is a bad performer in the overall market: 65% of all stocks are doing better.
CMA is one of the lesser performing stocks in the Banks industry. 89% of 398 stocks in the same industry do better.
In the last month CMA has a been trading in the 48.12 - 56.39 range, which is quite wide. It is currently trading near the high of this range.
CMA has an average volume of 2148840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CMA is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CMA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 51.58, a Stop Loss order could be placed below this zone.
More info and screens
49.91
63.55
When analyzing the support we notice one important area.
- A support zone ranging from 50.41 to 51.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @60.78 from a horizontal line in the daily time frame.
- A resistance zone ranging from 62.02 to 62.92. 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
CRS35.52
Mansfield-0.57
10 Day High54.98
10 Day Low49.57
20 Day High56.39
20 Day Low48.12
52 Week High73.45
52 Week Low45.32
Performance
1 Week2.04%
2 Weeks3.65%
1 Month-8.07%
3 Month-19.1%
6 Month-13.4%
12 Month2.62%
2 Year50.86%
3 Year-34.55%
5 Year49.82%
10 Year11.26%
15 Year42.94%
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)0.56
RSI(14)49.73
LBB50.53
UBB55.02
54.46
+0.71 (+1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.32%
1 Week2.04%
2 Weeks3.65%
1 Month-8.07%
3 Month-19.1%
6 Month-13.4%
12 Month2.62%
2 Year50.86%
3 Year-34.55%
5 Year49.82%
10 Year11.26%
15 Year42.94%
Volatility
ATR(14)1.81
ATR(20)%5.27%
ATR Inc-31.45%
Range Today1.8
ADR(20)2.54
ADR(20)%4.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.52
Mansfield-0.57
10 Day High54.98
10 Day Low49.57
20 Day High56.39
20 Day Low48.12
52 Week High73.45
52 Week Low45.32
CS1 End51.58
CR1 Start60.78
Volume & EV
DER(3)0.55%
DER(5)1.13%
Volume1.06M
Volume Incr-59.11%
Vol(5)1.01M
Vol(50)2.15M