Comerica Technical Analysis (NYSE:CMA)
Technical analysis is the study of technical chart patterns and does not rely on the financials of a company. A CMA stock chart pattern can give those who understand technical analysis an indication of which way CMA stock is headed, but cannot predict with 100% certainty as to what can happen to the Comerica stock price.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for Comerica. The technical analysis form of Comerica stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Comerica Moving Average:
Moving averages show the average price of CMA stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The 20 day moving average of $71.82 is above the last closing price of $66.37 and the 50 day moving average of $70.15 is above the $66.37 price. The 10 and 20 day periods can predict short term moving average trends.
Comerica Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Comerica stock price relative to previous trades. Currently the stock price of $66.37 is in the lower range of Comerica bollinger bands.
Comerica Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Comerica MACD indicator is below 0 indicating a bearish trend.
Comerica Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of CMA stock is 15.18. .