Comerica had its Relative Strength (RS) Rating upgraded from 69 to 73 Wednesday — a welcome improvement, but still below the 80 or higher score you look for.
Can You Really Time The Stock Market?
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
History reveals that the market's biggest winners tend to have an 80 or higher RS Rating as they begin their biggest price moves. See if Comerica can continue to rebound and hit that benchmark.
Comerica is building a consolidation with a 73.45 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
The company reported -7% earnings growth in the latest quarterly report. Revenue gains came in at 3%.
The company earns the No. 5 rank among its peers in the Banks-Super Regional industry group. Regions Financial is the top-ranked stock 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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