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Stock Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

Bank of America Corporation (NYSE:BAC)

Sidelines Mode (+55) - BAC 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 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
47.8500 47.9200 46.0500 46.3589 -1.5511
Entry Signal

MarketClub’s Trade Triangles for BAC

long term up The long-term trend has been UP since Sep 28th, 2021 at 43.490

intermediate term up The intermediate-term trend has been UP since Jan 3rd, 2022 at 45.359

short term down The short-term trend has been DOWN since Jan 14th, 2022 at 48.630

Smart Scan Analysis for BAC

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

+55
Smart Scan Analysis for BAC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.8500 47.9200 46.0500 46.3589 -1.5511
Prev. Close Volume Bid Ask Time
46.2600 53240341 2022-01-18 15:59:59
Year High33.05Year High Date2018-03-12
Year Low25.88Year Low Date2018-10-26
52wk High50.0852wk High Date2022-01-10
52wk Low29.5752wk Low Date2021-02-01
Year End Close11.61Average Volume50,411,092
Shares Outstanding8,184,084Short Interest150,487,520
% Institutional59.4Market Cap274,222M
Assets308,544,600MLiabilities281,298,200M
P/E Ratio14.3874Beta1.78
Volatility26.24
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