BANK OF AMERICA CORP - BAC 6 PERP (BAC-B) Stock Technical Analysis
NYSE:BAC-B - New York Stock Exchange, Inc. - US0605052291 - Currency: USD
Taking everything into account, BAC-B scores 5 out of 10 in our technical rating. In the last year, BAC-B was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
BAC-B has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 25.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.17, a Stop Loss order could be placed below this zone.
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23.91
When analyzing the support we notice one important area.
- A support zone ranging from 24.15 to 24.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.12 to 25.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BAC-B is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BAC-B is up. |
| ChartMill Relative Strength | 36.56 | NEUTRAL | BAC-B is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BAC-B is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BAC-B is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BAC-B is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.66 | NEUTRAL | The RSI value for BAC-B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BAC-B has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.79 | OVERBOUGHT | The high Stochastics value suggests BAC-B may be overbought. |
| Average True Range in percent/ATR (20) | 0.57 | LOW VOLATILITY | The low ATR as a percentage value for BAC-B suggests low volalility. |
| Average Directional Index/ADX (14) | 25.85 | POSITIVE | The high ADX value value for BAC-B suggests a strong trend. |
BANK OF AMERICA CORP - BAC 6 PERP
NYSE:BAC-B (7/14/2025, 11:54:25 AM)
25.1
-0.1 (-0.4%)