BANK OF AMERICA CORP (NCB.DE) Stock Technical Analysis
FRA:NCB - Deutsche Boerse Ag - US0605051046 - Common Stock - Currency: EUR
Taking everything into account, NCB scores 8 out of 10 in our technical rating. In the last year, NCB was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: NCB has an average volume of 1700 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!
In the last month NCB has a been trading in the 37.48 - 40.96 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that NCB is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
NCB is part of the Banks industry. There are 87 other stocks in this industry, NCB did better than 54% of them.
NCB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NCB is lagging the market.
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
31.64
46.66
3 important support areas can be observed.
- A support zone ranging from 37.95 to 40.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.91 from a horizontal line in the daily time frame.
- Support @31.96 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 45.48 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 | UP | POSITIVE | The short term trend for NCB.DE is up. |
| ChartMill Relative Strength | 85.21 | POSITIVE | NCB.DE has a high relative strength, it outperformed 85.21% 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) | UP | POSITIVE | The current price of NCB.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.66 | NEUTRAL | The RSI value for NCB.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests NCB.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.51 | OVERBOUGHT | The high Stochastics value suggests NCB.DE may be overbought. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for NCB.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 14.97 | 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 (6/30/2025, 7:00:00 PM)
40.485
-0.04 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.09%
1 Week2.78%
2 Weeks5.64%
1 Month4.26%
3 Month29.7%
6 Month-6.18%
12 Month8.54%
2 Year53.59%
3 Year36.02%
5 Year92.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%1.75%
ATR Inc-30.88%
Range Today0.66
ADR(20)0.6
ADR(20)%1.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.21
Mansfield-0.39
10 Day High40.96
10 Day Low38.15
20 Day High40.96
20 Day Low37.48
52 Week High47.21
52 Week Low28.5
CS1 End39.99
CR1 Start45.48
Volume & EV
DER(3)0%
DER(5)0%
Volume230
Volume Incr-73.19%
Vol(5)441
Vol(50)1.70K