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Stock Trend Analysis Report

Prepared for you on Tuesday, December 3, 2024.

Bank of America Corporation (NYSE:BAC)

Bull Market Weakness (+75) - BAC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BAC as it may be in the beginning stages of a reversal.

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
47.77 47.82 46.85 47.03 -0.48
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 down The short-term trend has been DOWN since Dec 2nd, 2024 at 47.2100

Smart Scan Analysis for BAC

Based on our trend formula, BAC is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for BAC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.77 47.82 46.85 47.03 -0.48
Prev. Close Volume Bid Ask Time
47.04 27151834 2024-12-02 15:59:59
Year High33.05Year High Date2018-03-12
Year Low25.88Year Low Date2018-10-26
52wk High48.0852wk High Date2024-11-29
52wk Low30.3352wk Low Date2023-12-05
Year End Close11.61Average Volume38,801,764
Shares Outstanding7,672,880Short Interest150,487,520
% Institutional59.4Market Cap274,222M
Assets332,429,300MLiabilities302,778,100M
P/E Ratio17.2138Beta1.78
Volatility26.24
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