COMERICA INC (CMA)

US2003401070 - Common Stock

61.16  +1.15 (+1.92%)

After market: 61.16 0 (0%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to CMA. CMA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month CMA has a been trading in the 59.11 - 73.45 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
CMA has an average volume of 2452010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, CMA outperforms 62% of them, which is more or less in line with the market.
CMA is an average performer in the Banks industry, it outperforms 42% of 406 stocks in the same industry.
CMA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CMA is lagging the market slightly.
Weekly and Daily overview Charts
CMA Weekly chart
CMA Daily chart
Setup Rating and Analysis

3

The technical rating of CMA is bad and it also does not present a 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.

Support and Resistance Analysis

53.27

61.77

When analyzing the support we can see 3 important areas.

  • Support @60.00 from a horizontal line in the daily time frame.
  • Support @54.99 from a horizontal line in the daily time frame.
  • Support @53.81 from a trend 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
CRS62.08
Mansfield0
10 Day High69.04
10 Day Low59.11
20 Day High73.45
20 Day Low59.11
52 Week High73.45
52 Week Low45.32
Performance
1 Week-8.14%
2 Weeks-11.85%
1 Month-11.23%
3 Month-0.54%
6 Month27.95%
12 Month10.88%
2 Year-8.51%
3 Year-29.7%
5 Year-14.76%
10 Year30.57%
15 Year106.83%
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)-1.21
RSI(14)29.85
LBB59.53
UBB73.21
CMA Daily chart

COMERICA INC

NYSE:CMA (12/20/2024, 8:04:00 PM)

After market: 61.16 0 (0%)

61.16

+1.15 (+1.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.92%
1 Week-8.14%
2 Weeks-11.85%
1 Month-11.23%
3 Month-0.54%
6 Month27.95%
12 Month10.88%
2 Year-8.51%
3 Year-29.7%
5 Year-14.76%
10 Year30.57%
15 Year106.83%
Volatility
ATR(14)1.97
ATR(20)%3.08%
ATR Inc42.04%
Range Today2.54
ADR(20)1.8
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
CRS62.08
Mansfield0
10 Day High69.04
10 Day Low59.11
20 Day High73.45
20 Day Low59.11
52 Week High73.45
52 Week Low45.32
CS1 End60
CR1 StartN/A
Volume & EV
DER(3)-0.71%
DER(5)1.04%
Volume25.13M
Volume Incr237.31%
Vol(5)6.74M
Vol(50)2.45M