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Stock Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Bank of America Corporation (NYSE:BAC)

Long-Term Downtrend (-90) - BAC is in a strong downtrend that is likely to continue. While BAC is showing intraday strength, it remains in the confines of a bearish trend. 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.

NYSE_BAC
Open High Low BAC Price Change
30.800 31.240 30.450 31.235 -0.325
Entry Signal

MarketClub’s Trade Triangles for BAC

long term down The long-term trend has been DOWN since Feb 24th, 2022 at 42.5876

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 33.0200

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 31.6600

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
30.800 31.240 30.450 31.235 -0.325
Prev. Close Volume Bid Ask Time
31.560 39925052 2022-07-05 15:59:40
Year High33.05Year High Date2018-03-12
Year Low25.88Year Low Date2018-10-26
52wk High50.1152wk High Date2022-02-10
52wk Low30.6352wk Low Date2022-07-01
Year End Close11.61Average Volume48,281,845
Shares Outstanding8,056,881Short Interest150,487,520
% Institutional59.4Market Cap274,222M
Assets323,822,300MLiabilities297,160,600M
P/E Ratio9.0171Beta1.78
Volatility26.24
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