COMERICA INC (CMA) Technical Analysis
NYSE:CMA • US2003401070
Current stock price
88.67 USD
-4.19 (-4.51%)
At close:
90.85 USD
+2.18 (+2.46%)
After Hours:
CMA Technical Rating and Analysis
We assign a technical rating of 9 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, CMA did better than 82% of all other stocks.
- CMA is one of the better performing stocks in the Banks industry, it outperforms 84% of 380 stocks in the same industry.
- 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 2492010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month CMA has a been trading in the 86.50 - 99.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CMA Weekly and Daily overview Charts
CMA Setup Rating and Analysis
Although CMA has an excellent technical rating, it 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
CMA Support and Resistance Analysis
54.61
95.61
We found 5 important support areas.
- A support zone ranging from 86.41 to 88.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @83.88 from a trend line in the daily time frame.
- Support @80.22 from a trend line in the daily time frame.
- Support @75.75 from a horizontal line in the daily time frame.
- Support @55.16 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 92.26 to 94.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CMA Technical Indicator Signal Analysis
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 | 82.16 | POSITIVE | CMA has a high relative strength, it outperformed 82.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CMA is below 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) | 43.81 | NEUTRAL | The RSI value for CMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.6 | NEGATIVE | The MACD value suggests CMA has a negative trend. |
| Stochastics (14,3) | 23.93 | NEUTRAL | The Stochastics value for CMA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for CMA suggests some volalility. |
| Average Directional Index/ADX (14) | 42.55 | POSITIVE | The high ADX value value for CMA suggests a strong trend. |
CMA Chart- and CandleStick Pattern Analysis
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)
CMA Technicals: Chart, Performance Metrics, Trend & Indicators
88.67
-4.19 (-4.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-4.51%
1 Week-6.33%
2 Weeks-3.1%
1 Month2%
3 Month15.91%
6 Month33.12%
12 Month31.71%
2 Year68.64%
3 Year20.95%
5 Year55.02%
10 Year158.51%
15 Year132.12%
Volatility
ATR(14)2.76
ATR(20)%3.01%
ATR Inc39.48%
Range Today5.3
ADR(20)2.61
ADR(20)%2.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.16
3 months CRS82.49
6 months CRS86.55
Mansfield1.69
10 Day High99.41
10 Day Low88.67
20 Day High99.41
20 Day Low86.51
52 Week High99.41
52 Week Low48.12
CS1 End88.66
CR1 Start92.26
Volume & EV
DER(3)-0.52%
DER(5)-0.33%
Volume49.19M
Volume Incr644.11%
Vol(5)11.53M
Vol(50)2.49M
COMERICA INC / CMA TA FAQ
What is the ChartMill technical rating of COMERICA INC (CMA) stock?
ChartMill assigns a technical rating of 9 / 10 to CMA.
Can you provide the trend direction for COMERICA INC?
The current trend direction for COMERICA INC (CMA) is Bullish.
What is the RSI signal for CMA stock?
COMERICA INC (CMA) has an RSI value of 43.8083. This indicates that the stock is currently neutral.
Can you provide the short term momentum for COMERICA INC?
The short term momentum for COMERICA INC (CMA) is neutral.