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Stock Trend Analysis Report
Prepared for you on Wednesday, September 11, 2024.
Bank of America Corporation (NYSE:BAC)
Strong Downtrend (-100) - BAC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BAC continues to fall. Traders should use caution and set stops.
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 DOWN since Aug 5th, 2024 at 36.65
The intermediate-term trend has been DOWN since Sep 10th, 2024 at 38.34
The short-term trend has been DOWN since Sep 5th, 2024 at 40.13
Smart Scan Analysis for BAC
Based on our trend formula, BAC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 38.9900 | 39.0300 | 38.3594 | 38.5200 | -0.7600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.2800 | 2954246 | 2024-09-11 09:37:20 |
| Year High | 33.05 | Year High Date | 2018-03-12 |
| Year Low | 25.88 | Year Low Date | 2018-10-26 |
| 52wk High | 44.44 | 52wk High Date | 2024-07-17 |
| 52wk Low | 24.96 | 52wk Low Date | 2023-10-27 |
| Year End Close | 11.61 | Average Volume | 38,010,623 |
| Shares Outstanding | 7,820,370 | Short Interest | 150,487,520 |
| % Institutional | 59.4 | Market Cap | 274,222M |
| Assets | 325,799,600M | Liabilities | 296,410,400M |
| P/E Ratio | 13.7825 | Beta | 1.78 |
| Volatility | 26.24 |