BANK OF AMERICA CORP (BAC)
US0605051046 - Common Stock
Taking everything into account, BAC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BAC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BAC did better than 88% of all other stocks. We also observe that the gains produced by BAC over the past year are nicely spread over this period.
BAC is one of the better performing stocks in the Banks industry, it outperforms 79% of 404 stocks in the same industry.
BAC is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BAC has a been trading in the 41.11 - 46.84 range, which is quite wide. It is currently trading near the high of this range.
BAC has an average volume of 36659700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although BAC has an excellent technical rating, it does not present a decent entry opportunity 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
36.51
47.22
We found 4 important support areas.
- A support zone ranging from 41.32 to 42.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.45 from a trend line in the weekly time frame.
- Support @39.04 from a trend line in the daily time frame.
- Support @36.88 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.73
Mansfield1.16
10 Day High46.84
10 Day Low41.11
20 Day High46.84
20 Day Low41.11
52 Week High46.84
52 Week Low29.32
Performance
1 Week3.59%
2 Weeks11.95%
1 Month10.47%
3 Month18.84%
6 Month18.99%
12 Month55.94%
2 Year23.51%
3 Year5.13%
5 Year40.31%
10 Year174.35%
15 Year194.95%
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)
Technical Indicators
MACD(12,26,9)0.3
RSI(14)73.78
LBB40.22
UBB47.98
BANK OF AMERICA CORP
NYSE:BAC (11/15/2024, 8:04:00 PM)
Premarket: 46.82 +0.07 (+0.15%)46.75
+0.85 (+1.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.85%
1 Week3.59%
2 Weeks11.95%
1 Month10.47%
3 Month18.84%
6 Month18.99%
12 Month55.94%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.02
ATR(20)%2.02%
ATR Inc
Range Today1.22
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High46.84
10 Day Low41.11
20 Day High46.84
20 Day Low41.11
52 Week High46.84
52 Week Low29.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume40.49M
Volume Incr4.4%
Vol(5)38.91M
Vol(50)36.66M