Country Icon

Bank of America Corporation (BAC) - Buy, Sell or Hold?

Sector: Finance   Sub-Sector: Major Banks
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 17 Feb 2017NoneMorning StarThu, 09 Feb 20176.06%
***Stock database and scans are updated around midnight (New York time) every trading day.
24.52 0.00 (0%) Feb 17 4:00pm EST
Open: 24.27 Range: 24.20 - 24.58 Vol: 85.79M Avg Vol: 107.33M
EPS: 1.50 P/E ratio: 16.35 EBITDA: 0.00 Mkt Cap: 257.86B
Analyze "BAC" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 24.23
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 23.31
Last Trade is above the 50 day moving average at 22.91
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 17.44
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of BAC

Stock Trend Analysis - Buy, Sell or Hold "Bank of America Corporation" (BAC)?

BAC is in a long term trading range with an upward bias. The last 52 weeks has seen this stock maintain an upward swing with about 52% of the time spent trading above the 200 day moving average. In the medium term, the 50 day moving average for BAC is very bullish, indicating good swing trading opportunities for longs. The 20 day moving average generally supports both the longer and medium term trends and is exhibiting a bullish bias. Unless key support levels currently at 17.44 and 22.91 are convincingly penetrated, the buy the dips strategy is still the higher probability trade. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "BAC".

The analyst consensus estimates for the 1 year price target for this stock is $24.86* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 17 Feb 2017
Finance Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
IROQIF Bancorp, Inc.Buy, Sell or HoldTrading Levels & Pivots
GEGGeneral Electric Capital CorporationBuy, Sell or HoldTrading Levels & Pivots
LIONFidelity Southern CorporationBuy, Sell or HoldTrading Levels & Pivots
HBHCHancock Holding CompanyBuy, Sell or HoldTrading Levels & Pivots
PEBKPeoples Bancorp of North Carolina, Inc.Buy, Sell or HoldTrading Levels & Pivots
OKSBSouthwest Bancorp, Inc.Buy, Sell or HoldTrading Levels & Pivots
EVEaton Vance CorporationBuy, Sell or HoldTrading Levels & Pivots
WASHWashington Trust Bancorp, Inc.Buy, Sell or HoldTrading Levels & Pivots
WTFCWintrust Financial CorporationBuy, Sell or HoldTrading Levels & Pivots
WFCWells Fargo & CompanyBuy, Sell or HoldTrading Levels & Pivots