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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.
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MarketClub’s Trade Triangles for BAC
The long-term trend has been UP since Sep 28th, 2021 at 43.490
The intermediate-term trend has been UP since Jan 3rd, 2022 at 45.359
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).
| 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 High | 33.05 | Year High Date | 2018-03-12 |
| Year Low | 25.88 | Year Low Date | 2018-10-26 |
| 52wk High | 50.08 | 52wk High Date | 2022-01-10 |
| 52wk Low | 29.57 | 52wk Low Date | 2021-02-01 |
| Year End Close | 11.61 | Average Volume | 50,411,092 |
| Shares Outstanding | 8,184,084 | Short Interest | 150,487,520 |
| % Institutional | 59.4 | Market Cap | 274,222M |
| Assets | 308,544,600M | Liabilities | 281,298,200M |
| P/E Ratio | 14.3874 | Beta | 1.78 |
| Volatility | 26.24 |