COMERICA INC (CMA)

US2003401070 - Common Stock

52.82  +1.54 (+3%)

After market: 52.82 0 (0%)

Technical Rating and Analysis

4

Taking everything into account, CMA scores 4 out of 10 in our technical rating. CMA performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

66% of all other stocks performed better in the past year than CMA.
CMA is part of the Banks industry. There are 407 other stocks in this industry, of which 87% are performing better than CMA.
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 2730630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month CMA has a been trading in the 47.38 - 58.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CMA Weekly chart
CMA Daily chart
Setup Rating and Analysis

6

CMA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 51.31, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

45.96

57.09

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 50.93 to 51.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 48.02 to 48.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 46.42 to 46.81. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • Resistance @56.52 from a horizontal line in the weekly time frame.
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
CRS34.48
Mansfield-0.36
10 Day High58.5
10 Day Low48.71
20 Day High58.5
20 Day Low47.38
52 Week High58.5
52 Week Low37.4
Performance
1 Week-6.23%
2 Weeks-5.29%
1 Month10.5%
3 Month1.44%
6 Month-3.82%
12 Month-2%
2 Year-32.08%
3 Year-23.07%
5 Year-27.84%
10 Year5.09%
15 Year121.56%
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)-0.29
RSI(14)52.59
LBB48.32
UBB58.82
CMA Daily chart

COMERICA INC

NYSE:CMA (7/25/2024, 7:04:00 PM)

After market: 52.82 0 (0%)

52.82

+1.54 (+3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg3%
1 Week-6.23%
2 Weeks-5.29%
1 Month10.5%
3 Month1.44%
6 Month-3.82%
12 Month-2%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.24
ATR(20)%3.77%
ATR Inc
Range Today2.58
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 High58.5
10 Day Low48.71
20 Day High58.5
20 Day Low47.38
52 Week High58.5
52 Week Low37.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.13M
Volume Incr-2.72%
Vol(5)3.58M
Vol(50)2.73M