Bank Of America Corp. (SBA) Technical Analysis
NYSEARCA:SBA
Current stock price
SBA Technical Rating and Analysis
Overall SBA gets a technical rating of 2 out of 10. SBA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- Warning: SBA has an average volume of 7830 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- When comparing the performance of all stocks over the past year, SBA turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
- SBA 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 SBA is lagging the market slightly.
- In the last month SBA has a been trading in a tight range between %RANGE_LOW% and %RANGE_HIGH%.
- Volume is considerably higher in the last couple of days.
SBA Weekly and Daily overview Charts
SBA Setup Rating and Analysis
The technical rating of SBA is bad and it also does not present a quality setup at the moment.
More info and screens
SBA Support and Resistance Analysis
13.98
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.03 to 15.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.12 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @16.01 from a horizontal line in the daily time frame.
SBA Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for SBA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SBA is down. |
| ChartMill Relative Strength | 42.65 | NEUTRAL | SBA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SBA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SBA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SBA is above the rising SMA(200). |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for SBA suggests low volalility. |
SBA Chart- and CandleStick Pattern Analysis
SBA Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:SBA (7/25/2012, 4:17:09 PM)
15.43
-0.13 (-0.84%)
Bank Of America Corp. / SBA TA FAQ
Can you provide the ChartMill technical rating for Bank Of America Corp.?
ChartMill assigns a technical rating of 2 / 10 to SBA.
What is the trend direction for SBA stock?
The current trend direction for Bank Of America Corp. (SBA) is Bearish.
What is the RSI signal for SBA stock?
Bank Of America Corp. (SBA) has an RSI value of null. This indicates that the stock is currently oversold.
What is the support and resistance level for SBA stock?
Bank Of America Corp. (SBA) has a support level at 15.35 and a resistance level at 16.01. Check the full technical report for our detailed analysis of SBA support and resistance levels.