Comerica's most recent trend suggests a bullish bias. One trading opportunity on Comerica is a Bull Put Spread using a strike $48.00 short put and a strike $43.00 long put offers a potential 9.41% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $48.00 by expiration. The full premium credit of $0.43 would be kept by the premium seller. The risk of $4.57 would be incurred if the stock dropped below the $43.00 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
The Stage is Set for the Final Event of the Inaugural North Texas Business Pitch Contest on November 20
Fri, 07 Nov 2014 16:12:00 GMT
PR Newswire – DALLAS, Nov. 7, 2014 /PRNewswire/ — Comerica Bank and the Dallas Entrepreneur Center (DEC) today announced the four finalists and panel of celebrity judges to appear at the grand finale event of the $50,000 …
COMERICA INC /NEW/ Financials
Tue, 04 Nov 2014 18:04:11 GMT
Comerica Bank's Michigan Index Grew Again in August
Mon, 03 Nov 2014 19:53:34 GMT
noodls – DALLAS , Nov. 3, 2014 /PRNewswire/ — Comerica Bank's Michigan Economic Activity Index grew in August, increasing 0.2 percentage points to a level of 120.4. August's reading is 47 points, or 63 percent, …
Comerica Bank's Michigan Index Grew Again in August
Mon, 03 Nov 2014 19:00:00 GMT
PR Newswire – DALLAS, Nov. 3, 2014 /PRNewswire/ — Comerica Bank's Michigan Economic Activity Index grew in August, increasing 0.2 percentage points to a level of 120.4. “Our Michigan Index continued to climb higher in August, indicating ongoing gains for the state economy. Automobile production remains a strong positive for Michigan. Recent declines in the price of gasoline and improvements to consumer confidence are positive indicators for the auto sector,” said Robert Dye, Chief Economist at Comerica Bank.
Comerica Bank's California Index Advances in August
Mon, 03 Nov 2014 17:21:50 GMT
noodls – DALLAS , Nov. 3, 2014 /PRNewswire/ — Comerica Bank's California Economic Activity Index grew in August, climbing 1.2 percentage points to a level of 114.6. August's reading is 31 points, or 37 percent, …
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