In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With CMA Stock Today?
Comerica Incorporated (CMA) stock is trading at $48.19 as of 2:30 PM on Friday, Dec 1, a rise of $2.94, or 6.51% from the previous closing price of $45.25. The stock has traded between $44.63 and $48.31 so far today. Volume today is 1,762,437 compared to average volume of 1,903,236.
More About Comerica Incorporated
Comerica Inc is a financial services company headquartered in Dallas. It is primarily focused on relationship-based commercial banking. In addition to Texas, Comerica's other primary geographies are California and Michigan, with locations also in Arizona and Florida and select businesses operating in several other states as well as Canada.
Click Here to get the full Stock Report for Comerica Incorporated stock.
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