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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Bank of America Corporation (NYSE:BAC)
Countertrend Up (+85) - BAC is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Dec 1st, 2023 at 30.605
The intermediate-term trend has been UP since Jul 2nd, 2024 at 40.340
The short-term trend has been DOWN since Jul 22nd, 2024 at 42.690
Smart Scan Analysis for BAC
Based on our trend formula, BAC is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 41.580 | 41.960 | 41.410 | 41.685 | +0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 41.680 | 43668272 | 2024-07-26 15:59:53 |
| 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 | 38,257,965 |
| Shares Outstanding | 7,820,370 | Short Interest | 150,487,520 |
| % Institutional | 59.4 | Market Cap | 274,222M |
| Assets | 327,380,300M | Liabilities | 298,025,100M |
| P/E Ratio | 14.3724 | Beta | 1.78 |
| Volatility | 26.24 |