Comerica (CMA) Downgrade Alert, Watch for 22.7% Technical Uptrend Reversal
Tuesday, March 9, 2010 - 09:53
Written on Tue, 03/09/2010 - 9:53am
By Chip Brian

Comerica (NYSE:CMA) downgraded to Market Perform, $35 target, at BMO Capital. The stock closed yesterday at $36.74 on volume of 2,815,884 shares, above average daily volume of 2,294,904.
Comerica is currently above its 50-day moving average of $33.73 and above its 200-day moving average of $27.89.
SmarTrend is bullish on shares of CMA and our subscribers received an Uptrend alert on December 28, 2009 at $29.94, which has returned 22.7% to date.

Keywords: Stock Alerts price trends technical analysis charting uptrend downtrend stock charts

Ticker(s): CMA

Contact Chip Brian



Smartrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at http://www.mysmartrend.com/morning-call-newsletter-signup.