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Stock Trend Analysis Report

Prepared for you on Saturday, June 10, 2023.

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.

Open High Low BAC Price Change
29.230 29.400 29.080 29.295 +0.065
Entry Signal

MarketClub’s Trade Triangles for BAC

long term down The long-term trend has been DOWN since Mar 9th, 2023 at 31.35

intermediate term up The intermediate-term trend has been UP since Jun 6th, 2023 at 29.08

short term up The short-term trend has been UP since Jun 2nd, 2023 at 28.49

Smart Scan Analysis for BAC

Based on our trend formula, BAC is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for BAC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.230 29.400 29.080 29.295 +0.065
Prev. Close Volume Bid Ask Time
29.270 26453326 2023-06-09 15:59:25
Year High33.05Year High Date2018-03-12
Year Low25.88Year Low Date2018-10-26
52wk High38.652wk High Date2022-11-11
52wk Low26.3252wk Low Date2023-03-24
Year End Close11.61Average Volume46,950,790
Shares Outstanding8,003,839Short Interest150,487,520
% Institutional59.4Market Cap274,222M
P/E Ratio8.7778Beta1.78
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