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Stock Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

Bank of America Corporation (NYSE:BAC)

Bull Market Weakness (+75) - BAC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BAC as it may be in the beginning stages of a reversal.

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
37.00 37.91 36.87 37.74 +0.77
Entry Signal

MarketClub’s Trade Triangles for BAC

long term up The long-term trend has been UP since Dec 1st, 2023 at 30.605

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 35.530

short term up The short-term trend has been UP since Apr 19th, 2024 at 36.170

Smart Scan Analysis for BAC

Based on our trend formula, BAC is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for BAC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.00 37.91 36.87 37.74 +0.77
Prev. Close Volume Bid Ask Time
36.97 38724070 2024-04-22 15:59:59
Year High33.05Year High Date2018-03-12
Year Low25.88Year Low Date2018-10-26
52wk High38.3552wk High Date2024-04-01
52wk Low24.9652wk Low Date2023-10-27
Year End Close11.61Average Volume41,890,916
Shares Outstanding7,913,732Short Interest150,487,520
% Institutional59.4Market Cap274,222M
Assets318,015,100MLiabilities288,850,500M
P/E Ratio12.0032Beta1.78
Volatility26.24
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