Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, May 2, 2024.

Bank of America Corporation Income Capital Obligation Notes initially due December 15, 2066 (NYSE:MER.PR.K)

Long-Term Downtrend (-90) - MER.PR.K is in a strong downtrend that is likely to continue. While MER.PR.K 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 MER.PR.K?

MarketClub looks at technical strength and momentum to determine if the timing is right for MER.PR.K.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_MER.PR.K
Open High Low MER.PR.K Price Change
25.24 25.31 25.24 25.30 +0.03
Entry Signal

MarketClub’s Trade Triangles for MER.PR.K

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 25.28

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2024 at 25.50

short term down The short-term trend has been DOWN since Apr 30th, 2024 at 25.25

Smart Scan Analysis for MER.PR.K

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

-90
Smart Scan Analysis for MER.PR.K
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.24 25.31 25.24 25.30 +0.03
Prev. Close Volume Bid Ask Time
25.27 19013 2024-05-02 12:50:59
Year High26.54Year High Date2018-06-12
Year Low25.22Year Low Date2018-10-03
52wk High25.8952wk High Date2024-02-01
52wk Low24.5152wk Low Date2023-10-20
Year End Close24.93Average Volume29,497
Short Interest30,164Assets327,380,300M
Liabilities298,025,100MBeta0.76
Volatility6.59
Get a free daily analysis and signals for Bank of America Corporation Income Capital Obligation Notes initially due December 15, 2066 (MER.PR.K) - Request Your Free Report.