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Bearish Moving Average Cross by Comerica Inc (CMA)

By James Quinn

Today, shares of Comerica Inc (NYSE:CMA) have crossed bearishly below their 10-day moving average of $64.58 on a volume of 110K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Comerica Inc has traded in a range of $58.54 to $88.96 and is now at $64.46, 10% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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

Keywords: moving crosses comerica inc

Ticker(s): CMA