USA - New York Stock Exchange - NYSE:CMA - US2003401070 - Common Stock
We assign a technical rating of 10 out of 10 to CMA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CMA is showing a nice and steady performance.
Although CMA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
53.93
When analyzing the support we can see 4 important areas.
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 | UP | POSITIVE | The short term trend for CMA is up. |
| ChartMill Relative Strength | 88.21 | POSITIVE | CMA has a high relative strength, it outperformed 88.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMA is above the rising 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) | 79.67 | OVERBOUGHT | The high RSI value suggests CMA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.66 | POSITIVE | The MACD value suggests CMA has a positive trend. |
| Stochastics (14,3) | 89.89 | OVERBOUGHT | The high Stochastics value suggests CMA may be overbought. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for CMA suggests some volalility. |
| Average Directional Index/ADX (14) | 31.16 | POSITIVE | The high ADX value value for CMA suggests a strong trend. |
88.19
+4.44 (+5.3%)
ChartMill assigns a technical rating of 10 / 10 to CMA.
The current trend direction for COMERICA INC (CMA) is Bullish.
COMERICA INC (CMA) has an RSI value of 79.6676. This indicates that the stock is currently overbought.
The MACD indicator for COMERICA INC (CMA) has a value of 0.660359, indicating a bearish trend.
The buy/sell signal for COMERICA INC (CMA) is buy as both the short term and long term trends are positive.