COMERICA INC (CMA)

US2003401070 - Common Stock

49.54  -0.42 (-0.84%)

After market: 49.35 -0.19 (-0.38%)

Technical Rating and Analysis

1

Taking everything into account, CMA scores 1 out of 10 in our technical rating. In the last year, CMA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

76% of all other stocks performed better in the past year than CMA.
CMA is one of the lesser performing stocks in the Banks industry. 68% of 416 stocks in the same industry do better.
In the last month CMA has a been trading in the 47.81 - 55.97 range, which is quite wide. It is currently trading near the lows of this range.
CMA has an average volume of 2050880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
CMA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CMA is lagging the market.
Weekly and Daily overview Charts
CMA Weekly chart
CMA Daily chart
Setup Rating and Analysis

7

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 a support zone below the current price at 49.53, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

39.14

57.39

We found 3 important support areas.

  • A support zone ranging from 49.24 to 49.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @42.63 from a trend line in the weekly time frame.
  • Support @39.54 from a trend line in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 50.02 to 51.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 53.42 to 53.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 56.52 to 56.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.59
Mansfield-0.72
10 Day High53.39
10 Day Low48.88
20 Day High55.97
20 Day Low47.81
52 Week High71.66
52 Week Low28.4
Performance
1 Week-3.6%
2 Weeks-3%
1 Month-9.88%
3 Month13.21%
6 Month7.88%
12 Month-29.64%
2 Year-48.12%
3 Year-27.25%
5 Year-43.13%
10 Year2.82%
15 Year230.05%
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)-0.14
RSI(14)40.82
LBB48.77
UBB52.17
CMA Daily chart

COMERICA INC

NYSE:CMA (2/23/2024, 7:04:00 PM)

After market: 49.35 -0.19 (-0.38%)

49.54

-0.42 (-0.84%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.84%
1 Week-3.6%
2 Weeks-3%
1 Month-9.88%
3 Month13.21%
6 Month7.88%
12 Month-29.64%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.77
ATR(20)%3.77%
ATR Inc
Range Today0.85
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 High53.39
10 Day Low48.88
20 Day High55.97
20 Day Low47.81
52 Week High71.66
52 Week Low28.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.05M
Volume Incr-20.3%
Vol(5)1.79M
Vol(50)2.05M