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Stock Trend Analysis Report

Prepared for you on Sunday, June 4, 2023.

Bank of America Corporation (NYSE:BAC)

Weak Downtrend (-65) - BAC is showing signs of a strengthening downtrend. Monitor BAC as it may be building momentum to the downside.

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.

Open High Low BAC Price Change
28.200 28.950 28.120 28.695 +0.915
Entry Signal

MarketClub’s Trade Triangles for BAC

long term down The long-term trend has been DOWN since Mar 9th, 2023 at 31.350

intermediate term down The intermediate-term trend has been DOWN since May 4th, 2023 at 27.645

short term up The short-term trend has been UP since Jun 2nd, 2023 at 28.490

Smart Scan Analysis for BAC

Based on our trend formula, BAC is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for BAC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.200 28.950 28.120 28.695 +0.915
Prev. Close Volume Bid Ask Time
28.710 59361580 2023-06-02 15:59:57
Year High33.05Year High Date2018-03-12
Year Low25.88Year Low Date2018-10-26
52wk High38.652wk High Date2022-11-11
52wk Low26.3252wk Low Date2023-03-24
Year End Close11.61Average Volume47,422,567
Shares Outstanding8,003,839Short Interest150,487,520
% Institutional59.4Market Cap274,222M
P/E Ratio8.3423Beta1.78
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