The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 8/22/2025 -
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Comerica Inc. (CMA) Technical Analysis

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Summary:
Weekly :Overbought sectorWilliams' Percentage Range and Lane's Stochastic are overboughtLane's Stochastic and MACD bearish divergenceBroken trend resistance line
Daily :The price is above the upper Bollinger BandThe Bollinger Bands are historically close together
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It was a third consecutive positive week for the Comerica Inc. (CMA). During the week, the CMA gained 1.69 points, or 2.49%, and closed at 69.58 on Friday, August 22, 2025. CMA was trading at average weekly trading volume.

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 Broadening Ascending Wedge chart pattern. The trend support level is at 51.71 and resistance is at 82.79. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge 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 (34.12) is broken. A broken support is considered to be a long-term bullish signal. 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 Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since June 20, 2025. The distance between MACD and the signal line is relatively high, but getting smaller. 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 70.22 on August 22, 2025. CMA gained -15.50 points, or -28.33%, in 65 days. The chart has formed a Broadening Ascending Wedge chart pattern.

Daily Technical Indicators: [See CMA daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since August 1, 2025. The distance between MACD and the signal line is low, but getting bigger.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The distance between the Bollinger Bands (6.32%) is close to one year low (5.98%). It is 54.98% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 59.21
Williams' Percentage Range (W%R) 54.20
Lane's Stochastic (%D-Slow) 57.87
Greed/Fear Indicator (GFI) 54.31
Moving Average Converg./Diverg. (MACD) 1.28
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 70.14
Williams' Percentage Range (W%R) 13.30
Overbought
Lane's Stochastic (%D-Slow) 86.06
Overbought Bearish
Greed/Fear Indicator (GFI) 78.21
Moving Average Converg./Diverg. (MACD) 0.75 Bearish
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 82.79
Price 69.58
Upper Bollinger Band 69.32
Daily Stochastic Crossing 68.68
Weekly Stochastic Crossing 68.46
20 Day Moving Average 67.73
Parabolic System 66.87
Lower Bollinger Band 64.92
50 Day Moving Average 63.79
Sector and Industry
Description Name Rank
Sector Financials 11
Industry Diversified Banks 97
Daily Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Low 54.72
Low Date 06/18/2025
High 70.22
High Date 08/22/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 48.12
Low Date 04/09/2025
High 70.22
High Date 08/22/2025
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 55.41
Support 34.12
High 73.45
High Date 11/25/2024
Low 48.12
Low Date 04/09/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 82.79
Support 51.71
Low 28.40
Low Date 05/04/2023
High 73.45
High Date 11/25/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 102.09
High Date 02/10/2022
Low 28.40
Low Date 05/04/2023
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.