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 7.99% return on risk over the next 33 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 $0.74 would be kept by the premium seller. The risk of $9.26 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 28.83 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Comerica
US stock futures gain after earnings; inflation data
Tue, 15 Apr 2014 12:34:47 GMT
Comerica Incorporated Earnings Call scheduled for 8:00 am ET today
Tue, 15 Apr 2014 12:00:00 GMT
Q1 2014 Comerica Incorporated Earnings Release – Before Market Open
Tue, 15 Apr 2014 11:07:01 GMT
COMERICA INC /NEW/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibi
Tue, 15 Apr 2014 11:00:50 GMT
6:47 am Comerica beats by $0.01
Tue, 15 Apr 2014 10:47:00 GMT
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