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Stock Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

Bank of America Corp (NYSE:BAC)

Long-Term Downtrend (-90) - BAC is in a strong downtrend that is likely to continue. While BAC is showing intraday strength, it remains in the confines of a bearish trend. 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
20.4000 20.7400 19.6804 20.0150 -0.5550
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 Feb 24th, 2020 at 32.9150

short term down The short-term trend has been DOWN since Mar 31st, 2020 at 21.1000

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
20.4000 20.7400 19.6804 20.0150 -0.5550
Prev. Close Volume Bid Ask Time
22.0400 63549042 2020-04-03 15:59:56
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 Volume129,074,372
Shares Outstanding8,728,530Short Interest150,487,520
% Institutional59.4Market Cap274,222M
Assets243,407,900MLiabilities216,926,900M
P/E Ratio8Beta1.78
Volatility26.24
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