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Stock Trend Analysis Report

Prepared for you on Monday, September 28, 2020.

Bank of America Corp (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
23.22 23.55 23.13 23.49 +0.15
Entry Signal

MarketClub’s Trade Triangles for BAC

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 31.3738

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2020 at 25.0500

short term down The short-term trend has been DOWN since Sep 16th, 2020 at 25.0900

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
23.22 23.55 23.13 23.49 +0.15
Prev. Close Volume Bid Ask Time
25.28 38343527 2020-09-25 16:00:00
Year High33.05Year High Date2018-03-12
Year Low25.88Year Low Date2018-10-26
52wk High35.7252wk High Date2019-12-27
52wk Low17.9552wk Low Date2020-03-23
Year End Close11.61Average Volume57,177,779
Shares Outstanding8,664,098Short Interest150,487,520
% Institutional59.4Market Cap274,222M
Assets274,168,800MLiabilities247,605,100M
P/E Ratio12.2126Beta1.78
Volatility26.24
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