Watching the Tape Move for Comerica Inc (CMA) and Bt Group Plc (BT)
Currently, the 14-day ADX for Comerica Inc (CMA) is sitting at 34.34. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend.
Needle moving action has been spotted in Comerica Inc (CMA) as shares are moving today on volatility 0.71% or 0.66 from the open.
Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.
Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend.