Stock Trend Analysis Report
Prepared for you on Tuesday, January 23, 2018.
BANK of AMERICA CORP (NYSE:BAC.PR.L)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
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.PR.L
The long term trend has been DOWN since Jan 12th, 2018 at 1276.01
The intermediate term trend has been DOWN since Dec 21st, 2017 at 1315.00
The short term trend has been UP since Jan 22nd, 2018 at 1281.50
Smart Scan Analysis for BAC.PR.L
Based on a pre-defined weighted trend formula for chart analysis, BAC.PR.L scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||1320.56||Year High Date||2018-01-03|
|Year Low||1272||Year Low Date||2018-01-12|
|52wk High||1352.71||52wk High Date||2017-12-18|
|52wk Low||1168||52wk Low Date||2017-03-09|
|Year End Close||1135||Average Volume||7,949|