Comerica's most recent trend suggests a bearish bias. One trading opportunity on Comerica is a Bear Call Spread using a strike $50.00 short call and a strike $60.00 long call offers a potential 5.15% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $50.00 by expiration. The full premium credit of $0.49 would be kept by the premium seller. The risk of $9.51 would be incurred if the stock rose above the $60.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Comerica is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Comerica is bearish.
The RSI indicator is at 30.25 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Comerica
Comerica Management Discusses Q1 2014 Results – Earnings Call Transcript
Tue, 15 Apr 2014 20:08:05 GMT
Seeking Alpha – Ralph Babb Good morning. Today we reported first quarter 2014 net income of $139 million or $0.73 per share, compared to $117 million or $0.62 per share in the fourth quarter and $134 million or $0.70 …
Square 1 Financial Banks On Entrepreneurial Clients
Tue, 15 Apr 2014 17:11:00 GMT
Comerica Beats Earnings Estimates
Tue, 15 Apr 2014 16:10:47 GMT
Comerica (CMA) Beats First-Quarter Estimates
Tue, 15 Apr 2014 16:02:00 GMT
Pisani's market: IPOs take center stage
Tue, 15 Apr 2014 13:38:00 GMT
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