Comerica's most recent trend suggests a bullish bias. One trading opportunity on Comerica is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 13.12% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock dropped below the $55.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Comerica is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Comerica is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Comerica
Is Comerica Incorporated (CMA) Going to Burn These Hedge Funds?
Mon, 28 Nov 2016 14:58:30 GMT
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Mon, 28 Nov 2016 13:39:01 GMT
Comerica upgraded by Jefferies
Mon, 28 Nov 2016 12:45:50 GMT
Why Comerica (CMA) Is an Attractive Pick Right Now
Fri, 25 Nov 2016 19:24:07 GMT
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Tue, 22 Nov 2016 21:07:58 GMT
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