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Downtrend Broken Resist.Archive - 7/3/2025 - Sign In to see current Signals. |
Comerica Inc. (CMA) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :    Move cursor over the icon to see details.
| | It was a third consecutive positive week for the Comerica Inc. (CMA). During the week, the CMA gained 4.32 points, or 7.27%, and closed at 63.78 on Thursday, July 3, 2025. Weekly volume was -14% below average. CMA is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See CMA long-term trend chart] A long-term uptrend had started on May 4, 2023 at 28.40 and reached 73.45 on November 25, 2024. CMA gained -45.05 points, or -158.63%, in 81 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 61.09 and resistance is at 82.24. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
Medium-term trend: [See CMA medium-term trend chart] A medium-term downtrend had started on November 25, 2024 at 73.45 and reached 48.12 on April 9, 2025. CMA lost 25.33 points, or 34.49%, in 19 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (39.39) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. CMA may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See CMA weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is above its signal line since June 20, 2025. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See CMA short-term trend chart] A short-term uptrend had started on June 18, 2025 at 54.72 and reached 63.90 on July 3, 2025. CMA gained -9.18 points, or -16.78%, in 15 days. Price is near the trend high.
Daily Technical Indicators: [See CMA daily technical indicators chart] Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Lane's Stochastic. Use the following link to access Williams' Percentage Range help. The daily MACD line is above its signal line since June 24, 2025. This is an indication that the short-term trend is up. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
Candlestick pattern: [See CMA candlestick chart pattern] On Friday the chart has formed a Bearish Deliberation Candlestick pattern. This pattern occurs in an uptrend;it appears after a sustained upward move and suggests that the rally is losing strength and a reversal is possible. The reliability of the Bearish Deliberation pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Deliberation Candlestick pattern during the last week.
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