BANK OF AMERICA CORP (NCB.DE) Stock Technical Analysis
FRA:NCB - Deutsche Boerse Ag - US0605051046 - Common Stock - Currency: EUR
We assign a technical rating of 4 out of 10 to NCB. In the past year, NCB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, NCB is a bad performer in the overall market: 70% of all stocks are doing better.
NCB is one of the lesser performing stocks in the Banks industry. 82% of 95 stocks in the same industry do better.
Warning: NCB has an average volume of 3358 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
NCB 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 NCB is lagging the market slightly.
In the last month NCB has a been trading in the 34.33 - 40.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NCB has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
31.12
45.93
When analyzing the support we can see 2 important areas.
- A support zone ranging from 37.55 to 38.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.43 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 39.22 to 39.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 45.34 to 45.48. 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 | NEUTRAL | NEUTRAL | The long term trend for NCB.DE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NCB.DE is neutral. |
| ChartMill Relative Strength | 30.32 | NEUTRAL | NCB.DE is not amongst the best or worst performers 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) | UP | MIXED | The current price of NCB.DE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.52 | NEUTRAL | The RSI value for NCB.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests NCB.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.76 | NEUTRAL | The Stochastics value for NCB.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for NCB.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 19.21 | 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)
FRA:NCB (5/23/2025, 7:00:00 PM)
38.015
-0.42 (-1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.11%
1 Week-4.7%
2 Weeks2.54%
1 Month9.9%
3 Month-12.63%
6 Month-16.07%
12 Month4.18%
2 Year46.66%
3 Year10%
5 Year72.83%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.83
ATR(20)%2.1%
ATR Inc16.97%
Range Today1.09
ADR(20)0.64
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.32
Mansfield-0.4
10 Day High40.11
10 Day Low37.25
20 Day High40.11
20 Day Low34.33
52 Week High47.21
52 Week Low28.5
CS1 End38.01
CR1 Start39.22
Volume & EV
DER(3)-0.02%
DER(5)0.13%
Volume2.27K
Volume Incr53.92%
Vol(5)2.77K
Vol(50)3.36K