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BANK OF AMERICA CORP (NCB.DE) Stock Technical Analysis

FRA:NCB - Deutsche Boerse Ag - US0605051046 - Common Stock - Currency: EUR

33.8  -0.57 (-1.64%)

Technical Rating and Analysis

0

Overall NCB gets a technical rating of 0 out of 10. NCB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NCB is a bad performer in the overall market: 82% of all stocks are doing better.
NCB is part of the Banks industry. There are 95 other stocks in this industry, of which 88% are performing better than NCB.
NCB is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: NCB has an average volume of 4220 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month NCB has a been trading in the 28.50 - 40.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
BANK OF AMERICA CORP / NCB Weekly stock chart
BANK OF AMERICA CORP / NCB Daily stock chart
Setup Rating and Analysis

5

Although the technical rating is bad, NCB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 34.38. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

30.58

45.93

We found 1 important support area.

  • Support @30.89 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 34.38 to 34.92. 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.77
Mansfield-0.65
10 Day High35.29
10 Day Low30
20 Day High40.53
20 Day Low28.5
52 Week High47.21
52 Week Low28.5
Performance
1 Week6.61%
2 Weeks7.46%
1 Month-13.35%
3 Month-22.75%
6 Month-11.84%
12 Month-3.13%
2 Year29.39%
3 Year-1.21%
5 Year56.28%
10 YearN/A
15 YearN/A
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)0.27
RSI(14)46.28
LBB29.09
UBB36.85
BANK OF AMERICA CORP / NCB Daily stock chart

BANK OF AMERICA CORP

FRA:NCB (4/24/2025, 11:49:50 AM)

33.8

-0.57 (-1.64%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.64%
1 Week6.61%
2 Weeks7.46%
1 Month-13.35%
3 Month-22.75%
6 Month-11.84%
12 Month-3.13%
2 Year29.39%
3 Year-1.21%
5 Year56.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.26
ATR(20)%5.26%
ATR Inc-24.64%
Range Today0
ADR(20)1.37
ADR(20)%4.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.77
Mansfield-0.65
10 Day High35.29
10 Day Low30
20 Day High40.53
20 Day Low28.5
52 Week High47.21
52 Week Low28.5
CS1 End30.89
CR1 Start34.38
Volume & EV
DER(3)0%
DER(5)0.04%
Volume3
Volume Incr-56.3%
Vol(5)2.23K
Vol(50)4.22K