Stock Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
Bank of America Corporation Income Capital Obligation Notes initially due December 15, 2066 (NYSE:MER.PR.K)
Long-Term Uptrend (+90) - MER.PR.K is in a strong uptrend that is likely to continue. While MER.PR.K is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for MER.PR.K
The long-term trend has been UP since Nov 2nd, 2023 at 25.33
The intermediate-term trend has been UP since Nov 2nd, 2023 at 25.16
The short-term trend has been UP since Nov 28th, 2023 at 25.65
Smart Scan Analysis for MER.PR.K
Based on our trend formula, MER.PR.K is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||26.54||Year High Date||2018-06-12|
|Year Low||25.22||Year Low Date||2018-10-03|
|52wk High||25.76||52wk High Date||2023-11-28|
|52wk Low||24.4||52wk Low Date||2023-03-13|
|Year End Close||24.93||Average Volume||65,704|