Stock Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
BANK of AMERICA CORP (NYSE:BAC)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BAC
The long term trend has been UP since Jul 30th, 2018 at 31.36
The intermediate term trend has been DOWN since Sep 12th, 2018 at 30.62
The short term trend has been UP since Sep 19th, 2018 at 30.49
Smart Scan Analysis for BAC
Based on a pre-defined weighted trend formula for chart analysis, BAC scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||33.05||Year High Date||2018-03-12|
|Year Low||27.63||Year Low Date||2018-07-06|
|52wk High||33.05||52wk High Date||2018-03-12|
|52wk Low||24.58||52wk Low Date||2017-09-25|
|Year End Close||11.61||Average Volume||52,682,324|
|Shares Outstanding||10,778,078||Short Interest||150,487,520|