BANK OF AMERICA CORP - BAC 5 3/8 PERP (BAC-M) Stock Technical Analysis
NYSE:BAC-M - New York Stock Exchange, Inc. - US06053U6010 - Currency: USD
Taking everything into account, BAC-M scores 0 out of 10 in our technical rating. BAC-M scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BAC-M is a bad performer in the overall market: 72% of all stocks are doing better.
BAC-M is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so BAC-M is lagging the market.
In the last month BAC-M has a been trading in a tight range between 20.85 and 22.10.
Volume is considerably higher in the last couple of days.
The technical rating of BAC-M is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
20.73
24.58
We found 1 important support area.
- A support zone ranging from 20.94 to 20.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 21.34 to 21.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 22.39 to 22.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 23.34 to 23.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.34 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for BAC-M is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BAC-M is down. |
| ChartMill Relative Strength | 28.25 | NEGATIVE | BAC-M has a low relative strength, it was outperformed by 71.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BAC-M is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BAC-M is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BAC-M is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.29 | NEUTRAL | The RSI value for BAC-M is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BAC-M has a negative trend. |
| Stochastics (14,3) | 16.23 | OVERSOLD | The low Stochastics value suggests BAC-M may be oversold. |
| Average True Range in percent/ATR (20) | 1.12 | LOW VOLATILITY | The low ATR as a percentage value for BAC-M suggests low volalility. |
| Average Directional Index/ADX (14) | 33.89 | POSITIVE | The high ADX value value for BAC-M suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BANK OF AMERICA CORP - BAC 5 3/8 PERP
NYSE:BAC-M (5/30/2025, 8:04:00 PM)
After market: 20.94 -0.01 (-0.05%)20.95
-0.43 (-2.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.01%
1 Week-2.01%
2 Weeks-2.56%
1 Month-4.47%
3 Month-9.31%
6 Month-10.39%
12 Month-8.95%
2 Year-8.15%
3 Year-10.2%
5 Year-20.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%1.12%
ATR Inc60.76%
Range Today0.19
ADR(20)0.21
ADR(20)%1.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.25
Mansfield-1.28
10 Day High21.82
10 Day Low20.85
20 Day High22.1
20 Day Low20.85
52 Week High24.88
52 Week Low20.85
CS1 End20.94
CR1 Start21.34
Volume & EV
DER(3)6.09%
DER(5)6.99%
Volume879.10K
Volume Incr226.51%
Vol(5)260.16K
Vol(50)106.26K