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Stock Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Bank of America Corporation (NYSE:BAC)
Crossroads (-60) - BAC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for BAC
The long-term trend has been UP since Dec 1st, 2023 at 30.605
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 35.530
The short-term trend has been DOWN since Apr 2nd, 2024 at 37.240
Smart Scan Analysis for BAC
Based on our trend formula, BAC is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 35.90 | 36.17 | 34.15 | 34.65 | -1.30 |
| Prev. Close | Volume | Bid | Ask | Time |
| 35.95 | 84964571 | 2024-04-16 15:59:29 |
| Year High | 33.05 | Year High Date | 2018-03-12 |
| Year Low | 25.88 | Year Low Date | 2018-10-26 |
| 52wk High | 38.35 | 52wk High Date | 2024-04-01 |
| 52wk Low | 24.96 | 52wk Low Date | 2023-10-27 |
| Year End Close | 11.61 | Average Volume | 37,799,939 |
| Shares Outstanding | 7,913,732 | Short Interest | 150,487,520 |
| % Institutional | 59.4 | Market Cap | 274,222M |
| Assets | 318,015,100M | Liabilities | 288,850,500M |
| P/E Ratio | 11.6721 | Beta | 1.78 |
| Volatility | 26.24 |