BANK OF AMERICA CORP - BAC 4 3/4 PERP (BAC-S) Stock Technical Analysis
NYSE:BAC-S - New York Stock Exchange, Inc. - US06055H8714 - Currency: USD
Overall BAC-S gets a technical rating of 0 out of 10. BAC-S scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, BAC-S does present a nice setup opportunity. 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 19.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.88, a Stop Loss order could be placed below this zone.
More info and screens
18.49
We found 1 important support area.
- A support zone ranging from 18.68 to 18.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 19.03 to 19.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.84 from a trend line in the daily time frame.
- A resistance zone ranging from 21.24 to 21.40. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for BAC-S is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BAC-S is down. |
| ChartMill Relative Strength | 26.97 | NEGATIVE | BAC-S has a low relative strength, it was outperformed by 73.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BAC-S is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BAC-S is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BAC-S is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.87 | NEUTRAL | The RSI value for BAC-S is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BAC-S has a positive trend. |
| Stochastics (14,3) | 41.44 | NEUTRAL | The Stochastics value for BAC-S is a neutral value. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for BAC-S suggests low volalility. |
| Average Directional Index/ADX (14) | 28.33 | POSITIVE | The high ADX value value for BAC-S suggests a strong trend. |
BANK OF AMERICA CORP - BAC 4 3/4 PERP
NYSE:BAC-S (6/5/2025, 8:04:01 PM)
18.98
+0.14 (+0.74%)