BANK OF AMERICA CORP (NCB.DE) Stock Technical Analysis
Europe - FRA:NCB - US0605051046 - Common Stock
43.17 EUR
-0.09 (-0.2%)
We assign a technical rating of 9 out of 10 to NCB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NCB is showing a nice and steady performance.
Warning: NCB has an average volume of 1342 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
NCB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NCB is lagging the market slightly.
NCB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Looking at the yearly performance, NCB did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
NCB is part of the Banks industry. There are 89 other stocks in this industry, NCB did better than 43% of them.
Besides having an excellent technical rating, NCB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 41.82, a Stop Loss order could be placed below this zone.
More info and screens
31.15
44.67
When analyzing the support we can see 4 important areas.
- A support zone ranging from 41.00 to 41.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 39.33 to 39.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 38.33 to 38.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @31.46 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @43.30 from a trend line in the daily time frame.
- Resistance @44.23 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 | UP | POSITIVE | The long term trend for NCB.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NCB.DE is up. |
| ChartMill Relative Strength | 81.23 | POSITIVE | NCB.DE has a high relative strength, it outperformed 81.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NCB.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NCB.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NCB.DE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.8 | NEUTRAL | The RSI value for NCB.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NCB.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.73 | NEUTRAL | The Stochastics value for NCB.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for NCB.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 19.46 | NEGATIVE | The low ADX value for NCB.DE suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 43.31 | 41.94 | 1.37 (3.17%) | 25.00% |
| An entry @43.31. This is a Buy Stop order right above the resistance zone. | An exit @41.94. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.37 points, which is 3.17%. | For a 0.79% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:NCB (9/12/2025, 7:00:00 PM)
43.17
-0.09 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.2%
1 Week2.43%
2 Weeks-0.47%
1 Month7%
3 Month12.64%
6 Month15.06%
12 Month24.09%
2 Year64.9%
3 Year36.4%
5 Year110.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%1.4%
ATR Inc-25.37%
Range Today0.3
ADR(20)0.48
ADR(20)%1.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.23
Mansfield-0.32
10 Day High44.1
10 Day Low41.95
20 Day High44.1
20 Day Low39.89
52 Week High47.21
52 Week Low28.5
CS1 End41.82
CR1 Start43.3
Volume & EV
DER(3)0.43%
DER(5)0.26%
Volume872
Volume Incr-35.76%
Vol(5)801.8
Vol(50)1.34K