COMERICA INC (CMA)
US2003401070 - Common Stock
Overall CMA gets a technical rating of 6 out of 10. In the last year, CMA was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
CMA is one of the better performing stocks in the Banks industry, it outperforms 83% of 412 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.
In the last month CMA has a been trading in the 49.27 - 54.52 range, which is quite wide. It is currently trading near the high of this range.
CMA has an average volume of 2076880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, CMA did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
CMA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 53.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 52.02, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
44.78
57.39
We found 4 important support areas.
- A support zone ranging from 51.58 to 52.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @50.45 from a trend line in the daily time frame.
- A support zone ranging from 48.51 to 49.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.23 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 53.19 to 53.63. This zone is formed by a combination of multiple trend lines 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.6
Mansfield0.12
10 Day High54
10 Day Low50.07
20 Day High54.52
20 Day Low49.27
52 Week High57.39
52 Week Low30.98
Performance
1 Week1.92%
2 Weeks2.93%
1 Month0.82%
3 Month3.09%
6 Month20.39%
12 Month45.64%
2 Year-36.22%
3 Year-32.39%
5 Year-22.89%
10 Year10.63%
15 Year144.79%
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)0.05
RSI(14)56.05
LBB49.49
UBB53.69
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 53.64 | 51.57 | 2.07 (3.86%) | 25.00% |
| An entry @53.64. This is a Buy Stop order right above the resistance zone. | An exit @51.57. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.07 points, which is 3.86%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
- The distance between exit and entry is rather small compared to the average daily movement of CMA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
COMERICA INC
NYSE:CMA (5/3/2024, 7:04:00 PM)
After market: 53.07 0 (0%)53.07
+1.2 (+2.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.31%
1 Week1.92%
2 Weeks2.93%
1 Month0.82%
3 Month3.09%
6 Month20.39%
12 Month45.64%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.51
ATR(20)%3.04%
ATR Inc
Range Today1.16
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 High54
10 Day Low50.07
20 Day High54.52
20 Day Low49.27
52 Week High57.39
52 Week Low30.98
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.91M
Volume Incr5.33%
Vol(5)1.80M
Vol(50)2.08M