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Stock Trend Analysis Report

Prepared for you on Monday, May 20, 2024.

Bank of America Corporation (NYSE:BAC)

Long-Term Uptrend (+90) - BAC is in a strong uptrend that is likely to continue. While BAC is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.

NYSE_BAC
Open High Low BAC Price Change
39.30 39.47 38.79 38.83 -0.46
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 up The intermediate-term trend has been UP since Apr 23rd, 2024 at 38.350

short term up The short-term trend has been UP since May 6th, 2024 at 37.530

Smart Scan Analysis for BAC

Based on our trend formula, BAC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for BAC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.30 39.47 38.79 38.83 -0.46
Prev. Close Volume Bid Ask Time
39.29 23564073 2024-05-20 15:59:55
Year High33.05Year High Date2018-03-12
Year Low25.88Year Low Date2018-10-26
52wk High39.4952wk High Date2024-05-17
52wk Low24.9652wk Low Date2023-10-27
Year End Close11.61Average Volume31,389,852
Shares Outstanding7,820,370Short Interest150,487,520
% Institutional59.4Market Cap274,222M
Assets327,380,300MLiabilities298,025,100M
P/E Ratio13.5483Beta1.78
Volatility26.24
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