The Relative Strength (RS) Rating for Comerica moved up into a higher percentile Monday, as it got a lift from 64 to 75.
Can You Really Time The Stock Market?
IBD's proprietary RS Rating identifies technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History reveals that the best stocks typically have an 80 or better RS Rating as they begin their biggest runs. See if Comerica can continue to rebound and hit that benchmark.
Comerica is building a consolidation with a 73.45 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Earnings grew -3% last quarter, up from -18% in the prior report. Revenue also increased, from 5% to 6%. The next quarterly numbers are expected on or around Jul. 18.
Comerica holds the No. 10 rank among its peers in the Banks-Super Regional industry group. Northern Trust, KeyCorp and Huntington Bancshares are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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