Comerica (NYSE: CMA) Reports First Quarter 2025 Earnings ResultsComerica Incorporated (NYSE: NYSE:CMA ), together with its subsidiaries, a company that provides financial services in the United States, Canada, and Mexico reported her first quarter 2025 earnings results today before the bell.
The results are available on the Investor Relations section of Comerica's website: c212.net
Technical Outlook
Prior the earnings, shares of Comerica Incorporated (NYSE: NYSE:CMA ) are up 1.28% in Monday's premarket session. The asset is trading in tandem with the support point of $52, a break above the 38.2% Fib level could set the pace for a bullish reversal albeit the stock was already consolidating as hinted by the RSI at 46.
Financial Performance
In 2024, Comerica's revenue was $3.20 billion, a decrease of -8.79% compared to the previous year's $3.50 billion. Earnings were $671.00 million, a decrease of -21.43%.
Analyst Forecast
According to 21 analysts, the average rating for CMA stock is "Hold." The 12-month stock price forecast is $67.43, which is an increase of 27.35% from the latest price.
C1MA34 trade ideas
Market Structure: Seeing In SwingsMarket Structure is simply making distinctions in price flow. its putting structure around what looks like chaos so that we have a way to measure and orient ourselves to any market in any timeframe. When I look at a market, I want to see objectively in swings.
Swings are the common thread that weaves through all markets and timeframes, providing a clear indication of who is in control at any given moment. They consist of distinct components and follow a process, forming the foundation of my trading strategies and setups.
Market Structure Definitions:
Confirmed Swing High/Low: A new high confirms a
swing low and a new low confirms a swing high.
Relative:
Major Swing: The largest reaction leg in your frame.
Minor Swing: the next largest reaction leg.
Balanced/Relative Swing: Same size reaction legs.
Expanded Swing: Reaction leg larger than previous reaction leg.
Components of a Swing:
Impulse Leg: The leg that takes out a previous high or low.
Reaction Leg: The retracement or pullback after the impulse leg.
Impulse Leg Shelf: a small range at the end of an impulse leg
Reaction Leg Shelf: A small range at the bottom of a reaction leg
CMA - Bottom Within ChannelI have drawn a large channel in solid white
this is accompanied by a triangle structure but more importantly it as a double bottom for price
I have shown this double bottom with a bars pattern along the lower line of the triangle
This is where I think price will turn a recovery
Bearish divergence on CMA Daily and 4HWeekly (not shown):
Possible bearish divergence coming up. Impulse still green, but is shows prices around 101 were rejected and price closed much lower.
MACD-Histogram still rising, as well as EFI. sRSI declining, although it could cross.
Daily
Bearish divergence on MACD-H, MACD lines, EFI and even Stochastic RSI. Stoch RSI crossed bearish and comes from an overbough condition. Even an ATR channel divergence. Current bar shows an upwick and rejected the to close around the 101$ resistance
4H
Bearish divergence again on ATR lines, MACD-H and MACD lines, and EFI. sRSI is bearish and is declining.
Entry:
At this level, but first we need to see how the weekly opens.
98-99,5
Stop:
102
Target 1: 94,46
Target 2: 92,88
Cup and Handle Earnings Tomorrow BMOThe handle is in a rectangle. Financials have been hot but who knows when the sector will rotate out? The top line of the rectangle should be red as it is resistance.
Support at handle low 65.66 and Mid cup 48.85 Depth is 49.15 LONG ENTRY is 73.55
No recommendation
COMERICA Publication DailyHey guys, COMERICA is in a fake bearish push with a low volume of executed sales and sellers refusal. The TIMEFRAME M1 shows a new sell-off of sellers with a large volume bear under the VWAP, which makes us say a trend change. That this one asks to go up, it goes in the direction of its next lower. Big possibility of breaking the VWAP Recover losses before session, then go to the next upper terminal (See TIMEFRAME H4). And if the buyers are really back arriving on the top after then finish on the DAILY and test the resistance of the end of the wick to reach the fence.
Please LIKE & FOLLOW, thank you!
CMA is approaching resistnace, potential drop! CMA is approaching our first resistance at 88.30 (Horizontal pullback resistance, 61.8% Fiboancci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 76.33 (50% fibonacci retracement, 61.8 %Fibonacci extension).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
CMA Approaching resistance, potential drop! CMA is approaching our first resistance at 88.30 (horizontal pullback resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 76.33 (50% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
CMA approaching resistance, potential drop! CMA is approaching our first resistance at 88.25 (horizontal pullback resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 76.02 (horizontal swing low support 50% Fibonacci retracement).
RSI (55) is also approaching resistance where we might be seeing a drop below this level.