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Comerica Bullish Moving Average Crossover Alert (CMA)

By Shiri Gupta

Comerica (NYSE:CMA) crossed over its 10-day moving average of $42.85 on a volume of 465K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Comerica has traded in a range of $30.48 to $53.45 and is now at $43.97, 44% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 1.8%.

SmarTrend is monitoring the recent change of momentum in Comerica. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Comerica in search of a potential trend change.

Keywords: moving crosses Comerica

Ticker(s): CMA