BANK OF AMERICA CORP (BAC)
US0605051046 - Common Stock
Overall BAC gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BAC is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
BAC is part of the Banks industry. There are 411 other stocks in this industry. BAC outperforms 92% of them.
BAC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BAC is leading the market.
In the last month BAC has a been trading in the 34.15 - 38.49 range, which is quite wide. It is currently trading near the high of this range.
BAC has an average volume of 40905600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BAC is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Although BAC has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
34.32
38.79
When analyzing the support we can see 2 important areas.
- A support zone ranging from 35.25 to 35.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.67 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.93 to 38.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.19
Mansfield1.18
10 Day High38.49
10 Day Low34.15
20 Day High38.49
20 Day Low34.15
52 Week High38.49
52 Week Low24.96
Performance
1 Week5.98%
2 Weeks4.29%
1 Month0.26%
3 Month13.4%
6 Month50.62%
12 Month29.47%
2 Year6.25%
3 Year-6.46%
5 Year23.97%
10 Year150.4%
15 Year324.52%
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)0.14
RSI(14)59.5
LBB34.5
UBB39.07
BANK OF AMERICA CORP
NYSE:BAC (4/25/2024, 7:04:00 PM)
After market: 37.8 -0.11 (-0.29%)37.91
-0.41 (-1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.07%
1 Week5.98%
2 Weeks4.29%
1 Month0.26%
3 Month13.4%
6 Month50.62%
12 Month29.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.94
ATR(20)%2.31%
ATR Inc
Range Today0.9
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 High38.49
10 Day Low34.15
20 Day High38.49
20 Day Low34.15
52 Week High38.49
52 Week Low24.96
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume41.12M
Volume Incr1.39%
Vol(5)41.82M
Vol(50)40.91M