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Stock Trend Analysis Report

Prepared for you on Monday, July 6, 2020.

Bank of America Corp (NYSE:BAC)

Strong Downtrend (-100) - BAC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
23.850 23.990 23.220 23.285 +0.025
Entry Signal

MarketClub’s Trade Triangles for BAC

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 31.3738

intermediate term down The intermediate-term trend has been DOWN since Jun 25th, 2020 at 23.6800

short term down The short-term trend has been DOWN since Jun 19th, 2020 at 24.5800

Smart Scan Analysis for BAC

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

-100
Smart Scan Analysis for BAC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.850 23.990 23.220 23.285 +0.025
Prev. Close Volume Bid Ask Time
23.930 49323698 2020-07-02 15:59:48
Year High33.05Year High Date2018-03-12
Year Low25.88Year Low Date2018-10-26
52wk High35.7252wk High Date2019-12-27
52wk Low17.9552wk Low Date2020-03-23
Year End Close11.61Average Volume87,652,374
Shares Outstanding8,675,611Short Interest150,487,520
% Institutional59.4Market Cap274,222M
Assets261,995,400MLiabilities235,503,600M
P/E Ratio9.8Beta1.78
Volatility26.24
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