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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.
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MarketClub’s Trade Triangles for BAC
The long-term trend has been DOWN since Feb 24th, 2022 at 42.5876
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 33.0200
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).
| 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 High | 33.05 | Year High Date | 2018-03-12 |
| Year Low | 25.88 | Year Low Date | 2018-10-26 |
| 52wk High | 50.11 | 52wk High Date | 2022-02-10 |
| 52wk Low | 30.63 | 52wk Low Date | 2022-07-01 |
| Year End Close | 11.61 | Average Volume | 48,281,845 |
| Shares Outstanding | 8,056,881 | Short Interest | 150,487,520 |
| % Institutional | 59.4 | Market Cap | 274,222M |
| Assets | 323,822,300M | Liabilities | 297,160,600M |
| P/E Ratio | 9.0171 | Beta | 1.78 |
| Volatility | 26.24 |