Stock Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
BANK of AMERICA CORP (NYSE:BAC.PR.L)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 UP since Aug 13th, 2018 at 1279.4300
The intermediate term trend has been DOWN since Sep 19th, 2018 at 1294.6118
The short term trend has been DOWN since Oct 18th, 2018 at 1260.0000
Smart Scan Analysis for BAC.PR.L
Based on a pre-defined weighted trend formula for chart analysis, BAC.PR.L scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||1320.56||Year High Date||2018-01-03|
|Year Low||1187.95||Year Low Date||2018-02-05|
|52wk High||1352.71||52wk High Date||2017-12-18|
|52wk Low||1187.95||52wk Low Date||2018-02-05|
|Year End Close||1135||Average Volume||5,797|