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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Bank of America Corporation (NYSE:BAC)

Long-Term Uptrend (+90) - BAC is in a strong uptrend that is likely to continue. While BAC is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid BAC?

MarketClub looks at technical strength and momentum to determine if the timing is right for BAC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_BAC
Open High Low BAC Price Change
45.990 46.615 45.950 46.395 -0.325
Entry Signal

MarketClub’s Trade Triangles for BAC

long term up The long-term trend has been UP since Nov 6th, 2024 at 43.3615

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 43.3615

short term up The short-term trend has been UP since Nov 18th, 2024 at 46.8400

Smart Scan Analysis for BAC

Based on our trend formula, BAC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for BAC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.990 46.615 45.950 46.395 -0.325
Prev. Close Volume Bid Ask Time
46.410 20547455 2024-11-19 15:59:33
Year High33.05Year High Date2018-03-12
Year Low25.88Year Low Date2018-10-26
52wk High47.0252wk High Date2024-11-18
52wk Low29.324552wk Low Date2023-11-28
Year End Close11.61Average Volume37,561,489
Shares Outstanding7,672,880Short Interest150,487,520
% Institutional59.4Market Cap274,222M
Assets332,429,300MLiabilities302,778,100M
P/E Ratio16.9275Beta1.78
Volatility26.24
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