• Return to Headlines

Comerica Bullish Moving Average Crossover Alert (CMA)

By James Quinn

Today, shares of Comerica (NYSE:CMA) have crossed bullishly above their 10-day moving average of $68.95 on a volume of 355K 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 $75.00 and is now at $70.13, 130% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 1.8%.

SmarTrend is tracking the current trend status for Comerica and will alert subscribers who have CMA in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Comerica

Ticker(s): CMA