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Comerica Inc Crosses Above its 10-day MA (CMA)

By David Diaz

Today, shares of Comerica Inc (NYSE:CMA) have crossed bullishly above their 10-day moving average of $30.32 on a volume of 230K 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.

Comerica Inc share prices have moved between a 52-week high of $80.62 and a 52-week low of $24.28 and are now trading 30% above that low price at $31.60 per share. The 200-day and 50-day moving averages have moved 1.61% lower and 7.4% lower over the past week, respectively.

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

Keywords: moving crosses comerica inc

Ticker(s): CMA