Bank Of America Corporation Bac (BAC.A)

14.24  +0.31 (+2.23%)

Technical Rating and Analysis

1

Taking everything into account, BAC.A scores 1 out of 10 in our technical rating. BAC.A 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
83% of all other stocks performed better in the past year than BAC.A.
In the last month BAC.A has a been trading in the 10.73 - 14.27 range, which is quite wide. It is currently trading near the high of this range.
BAC.A is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BAC.A is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
BAC.A Weekly chart
BAC.A Daily chart
Setup Rating and Analysis

5

BAC.A has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

11.41

18.75

When analyzing the support we can see 2 important areas.

  • Support @13.68 from a horizontal line in the daily time frame.
  • A support zone ranging from 11.53 to 11.53. This zone is formed by a combination of multiple trend lines in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 14.25 to 14.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 15.29 to 15.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 18.45 to 18.56. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.89
Mansfield-1.45
10 Day High14.27
10 Day Low12.2
20 Day High14.27
20 Day Low10.73
52 Week High21.3
52 Week Low10.73
Performance
1 Week3.34%
2 Weeks14.38%
1 Month12.21%
3 Month-14.73%
6 Month-14.27%
12 Month-25.83%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.32
RSI(14)57.01
LBB11.01
UBB14.92
BAC.A Daily chart

Bank Of America Corporation Bac

NYSE:BAC.A (1/11/2019, 7:10:59 PM)

14.24

+0.31 (+2.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.23%
1 Week3.34%
2 Weeks14.38%
1 Month12.21%
3 Month-14.73%
6 Month-14.27%
12 Month-25.83%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.8
ATR(20)%5.59%
ATR Inc
Range Today0.64
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High14.27
10 Day Low12.2
20 Day High14.27
20 Day Low10.73
52 Week High21.3
52 Week Low10.73
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.64M
Volume Incr370.02%
Vol(5)2.55M
Vol(50)548.71K