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Stock Trend Analysis Report

Prepared for you on Thursday, May 16, 2024.

Bank of America Corporation Income Capital Obligation Notes initially due December 15, 2066 (NYSE:MER.PR.K)

Sidelines Mode (-55) - MER.PR.K is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MER.PR.K?

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

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

NYSE_MER.PR.K
Open High Low MER.PR.K Price Change
25.3700 25.4000 25.3601 25.3900 0.0000
Entry Signal

MarketClub’s Trade Triangles for MER.PR.K

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 25.28

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2024 at 25.50

short term up The short-term trend has been UP since May 13th, 2024 at 25.37

Smart Scan Analysis for MER.PR.K

Based on our trend formula, MER.PR.K is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MER.PR.K
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.3700 25.4000 25.3601 25.3900 0.0000
Prev. Close Volume Bid Ask Time
25.3900 21906 2024-05-16 15:59:59
Year High26.54Year High Date2018-06-12
Year Low25.22Year Low Date2018-10-03
52wk High25.8952wk High Date2024-02-01
52wk Low24.5152wk Low Date2023-10-20
Year End Close24.93Average Volume26,047
Short Interest30,164Assets327,380,300M
Liabilities298,025,100MBeta0.76
Volatility6.59
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