COMERICA INC (CMA) Stock Technical Analysis
USA - NYSE:CMA - US2003401070 - Common Stock
75.75 USD
-2.56 (-3.27%)
75.5941 USD
-0.16 (-0.21%)
Taking everything into account, CMA scores 6 out of 10 in our technical rating. CMA has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month CMA has a been trading in the 75.24 - 80.44 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
CMA is part of the Banks industry. There are 388 other stocks in this industry. CMA outperforms 83% of them.
CMA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CMA is performing more or less in line with the market.
CMA has an average volume of 2539170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CMA is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
CMA has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
53.64
81.01
4 important support areas can be observed.
- A support zone ranging from 73.86 to 75.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @71.99 from a trend line in the daily time frame.
- Support @66.94 from a horizontal line in the daily time frame.
- Support @54.18 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 77.70 to 78.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 80.21 to 80.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CMA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CMA is neutral. |
| ChartMill Relative Strength | 73.7 | POSITIVE | CMA has a high relative strength, it outperformed 73.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.18 | NEUTRAL | The RSI value for CMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests CMA has a negative trend. |
| Stochastics (14,3) | 41.35 | NEUTRAL | The Stochastics value for CMA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for CMA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.3 | NEGATIVE | The low ADX value for CMA suggests a weak or negative trend. |
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)
75.75
-2.56 (-3.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-3.27%
1 Week-4.31%
2 Weeks-0.54%
1 Month-1.32%
3 Month8.87%
6 Month34.81%
12 Month6.56%
2 Year67.51%
3 Year5.59%
5 Year53.96%
10 Year63.43%
15 Year107.59%
Volatility
ATR(14)1.67
ATR(20)%2.12%
ATR Inc41.51%
Range Today2.72
ADR(20)1.58
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.7
3 months CRS83.62
6 months CRS86.97
Mansfield0.77
10 Day High80.44
10 Day Low75.24
20 Day High80.44
20 Day Low75.24
52 Week High83.22
52 Week Low48.12
CS1 End75.74
CR1 Start77.7
Volume & EV
DER(3)-0.03%
DER(5)0.05%
Volume1.53M
Volume Incr-24.57%
Vol(5)1.57M
Vol(50)2.54M
COMERICA INC / CMA FAQ
What is the ChartMill technical rating of COMERICA INC (CMA) stock?
ChartMill assigns a technical rating of 6 / 10 to CMA.
What is the trend direction for CMA stock?
The current trend direction for COMERICA INC (CMA) is Bullish.
What is the RSI signal for COMERICA INC (CMA) stock?
COMERICA INC (CMA) has an RSI value of 45.1815. This indicates that the stock is currently neutral.
What is the MACD signal for CMA stock?
The MACD indicator for COMERICA INC (CMA) has a value of -0.327863, indicating a bearish trend.