BANK OF AMERICA CORP (NCB.DE) Stock Technical Analysis
Europe - FRA:NCB - US0605051046 - Common Stock
43.13 EUR
+0.19 (+0.44%)
We assign a technical rating of 7 out of 10 to NCB. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NCB is only an average performer.
NCB is one of the lesser performing stocks in the Banks industry. 62% of 97 stocks in the same industry do better.
Warning: NCB has an average volume of 1170 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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.
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.
When comparing the yearly performance of all stocks, we notice that NCB is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month NCB has a been trading in the 41.95 - 45.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although NCB has an excellent technical rating, the quality of the presented setup is not ideal 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
31.22
46.66
We found 5 important support areas.
- Support @43.02 from a trend line in the daily time frame.
- Support @40.18 from a trend line in the daily time frame.
- Support @39.33 from a horizontal line in the weekly time frame.
- 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 @31.54 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 43.31 to 44.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 45.78 to 46.20. 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 | UP | POSITIVE | The long term trend for NCB.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NCB.DE is neutral. |
| ChartMill Relative Strength | 72.2 | POSITIVE | NCB.DE has a high relative strength, it outperformed 72.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NCB.DE is below 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) | 48.43 | NEUTRAL | The RSI value for NCB.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests NCB.DE has a negative trend. |
| Stochastics (14,3) | 30.01 | NEUTRAL | The Stochastics value for NCB.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for NCB.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 21.31 | NEUTRAL | The ADX value for NCB.DE suggests a possible start of a new 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)
FRA:NCB (10/3/2025, 5:27:47 PM)
43.13
+0.19 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.44%
1 Week-3.38%
2 Weeks-3.09%
1 Month2.34%
3 Month4.7%
6 Month38.17%
12 Month18.91%
2 Year75.18%
3 Year18.28%
5 Year113.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%1.52%
ATR Inc-9.88%
Range Today0.18
ADR(20)0.57
ADR(20)%1.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.2
Mansfield-0.52
10 Day High45
10 Day Low42.8
20 Day High45
20 Day Low41.95
52 Week High47.21
52 Week Low28.5
CS1 End43.02
CR1 Start43.31
Volume & EV
DER(3)-0.76%
DER(5)-11.6%
Volume154
Volume Incr-55.87%
Vol(5)708.4
Vol(50)1.17K