BANK OF AMERICA CORP (BAC)
US0605051046 - Common Stock
We assign a technical rating of 7 out of 10 to BAC. In the last year, BAC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that BAC is one of the better performing stocks in the market, outperforming 83% of all stocks. On top of that, BAC also shows a nice and consistent pattern of rising prices.
BAC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BAC is performing more or less in line with the market.
BAC has an average volume of 40260200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BAC is part of the Banks industry. There are 400 other stocks in this industry, BAC did better than 46% of them.
In the last month BAC has a been trading in the 37.91 - 40.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although BAC has an excellent technical rating, it does not present a decent entry opportunity 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
36.27
40.74
2 important support areas can be observed.
- A support zone ranging from 37.57 to 37.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 36.64 to 36.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.13 to 40.34. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS83.18
Mansfield0.28
10 Day High40.95
10 Day Low38.56
20 Day High40.95
20 Day Low37.91
52 Week High44.44
52 Week Low24.96
Performance
1 Week-3.51%
2 Weeks-1.22%
1 Month1.44%
3 Month-2.56%
6 Month8.88%
12 Month36.67%
2 Year28.34%
3 Year-8.69%
5 Year32.88%
10 Year127.33%
15 Year129.08%
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)0.07
RSI(14)41.64
LBB38.43
UBB41.1
BANK OF AMERICA CORP
NYSE:BAC (9/6/2024, 8:04:00 PM)
After market: 38.68 -0.08 (-0.21%)38.76
-1.38 (-3.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-3.44%
1 Week-3.51%
2 Weeks-1.22%
1 Month1.44%
3 Month-2.56%
6 Month8.88%
12 Month36.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.81
ATR(20)%1.91%
ATR Inc
Range Today1.31
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 High40.95
10 Day Low38.56
20 Day High40.95
20 Day Low37.91
52 Week High44.44
52 Week Low24.96
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume47.01M
Volume Incr11.33%
Vol(5)43.69M
Vol(50)40.26M