Technical Analysis for BAC - Bank of America Corporation

Grade Last Price % Change Price Change
A 36.01 1.69% 0.60
BAC closed up 1.69 percent on Monday, March 18, 2024, on 1.23 times normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
180 Bullish Setup Bullish Swing Setup 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 1.69%
Gapped Down Weakness 1.69%
Stochastic Sell Signal Bearish 0.90%
Slingshot Bullish Bullish Swing Setup 0.90%
Overbought Stochastic Strength 0.90%
Shooting Star Candlestick Bearish -0.19%
Lizard Bearish Bearish Day Trade Setup -0.19%
New 52 Week Closing High Bullish -0.19%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 8 hours ago
Possible Inside Day about 9 hours ago
60 Minute Opening Range Breakout about 11 hours ago
Rose Above 10 DMA about 13 hours ago
Up 1% about 13 hours ago

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Profile

Bank of America Corporation Description

Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations, and governments in the United States and internationally. The company's Consumer & Business Banking segment offers traditional and money market savings accounts, CDs and IRAs, checking accounts, and investment accounts and products, as well as credit and debit cards; and lending related products and services, working capital management, and treasury solutions. This segment provides its products and services through operating 5,500 banking centers, 16,300 ATMs, call centers, and online and mobile banking platforms. Its Consumer Real Estate Services segment offers consumer real estate products comprising fixed and adjustable-rate first-lien mortgage loans for home purchase and refinancing needs, home equity lines of credit, and home equity loans. The company's Global Banking segment provides various commercial loans, leases, commitment facilities, trade finance, real estate and asset-based loans, and consumer loans; treasury management, foreign exchange, and short-term investing options; and debt and equity underwriting and distribution, and merger-related and other advisory services. Its Global Markets segment offers sales and trading services for securities and derivative products in primary and secondary markets; market-making, financing, securities clearing, settlement, and custody services to institutional investor clients; and risk management products. The company's Global Wealth & Investment Management segment provides investment and brokerage, estate and financial planning, fiduciary portfolio management, cash and liability management, and specialty asset management services; and retirement and benefit plan, philanthropic management, and asset management services. The company was founded in 1874 and is based in Charlotte, North Carolina.


Classification

Sector: Financial Services
Industry: Banks - Global
Keywords: S&P 500 Banking Bank Financial Products Investment Bank Mobile Banking Asset Management Services Portfolio Management Real Estate Services Refinancing Trade Finance Trading Services Bank Of America Custody Services Liability Management Derivative Products Capital Management Consumer Real Estate Real Estate Products Risk Management Products Working Capital Management Mobile Banking Platforms

Is BAC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 36.445
52 Week Low 24.5892
Average Volume 41,245,710
200-Day Moving Average 30.08
50-Day Moving Average 33.74
20-Day Moving Average 34.84
10-Day Moving Average 35.71
Average True Range 0.70
RSI (14) 66.67
ADX 22.98
+DI 24.00
-DI 16.47
Chandelier Exit (Long, 3 ATRs) 34.35
Chandelier Exit (Short, 3 ATRs) 34.35
Upper Bollinger Bands 36.77
Lower Bollinger Band 32.91
Percent B (%b) 0.8
BandWidth 11.07
MACD Line 0.69
MACD Signal Line 0.65
MACD Histogram 0.04
Fundamentals Value
Market Cap 284.32 Billion
Num Shares 7.9 Billion
EPS 3.08
Price-to-Earnings (P/E) Ratio 11.69
Price-to-Sales 2.78
Price-to-Book 0.99
PEG Ratio 7.91
Dividend 0.92
Dividend Yield 2.55%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 37.05
Resistance 3 (R3) 36.96 36.52 36.88
Resistance 2 (R2) 36.52 36.26 36.57 36.82
Resistance 1 (R1) 36.27 36.09 36.40 36.36 36.76
Pivot Point 35.83 35.83 35.89 35.87 35.83
Support 1 (S1) 35.57 35.56 35.70 35.66 35.26
Support 2 (S2) 35.13 35.40 35.18 35.20
Support 3 (S3) 34.88 35.13 35.14
Support 4 (S4) 34.97