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, 20 Jan 2017NoneMorning StarTue, 10 Jan 2017-1.31%
***Stock database and scans are updated around midnight (New York time) every trading day.
22.64 0.00 (0%) Jan 20 4:00pm EST
Open: 22.66 Range: 22.52 - 22.93 Vol: 102.56M Avg Vol: 119.92M
EPS: 1.37 P/E ratio: 16.56 EBITDA: 0.00 Mkt Cap: 238.09B
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 22.57
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 22.60
Last Trade is above the 50 day moving average at 21.66
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 16.54
* 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 a downward bias. This stock has traded about 55% of the time below the 200 day moving average in the last 52 weeks on daily average volume of 119.9M shares changing hands. In the medium term however, the 50 day moving average for BAC is very bullish, indicating good swing trading opportunities for longs. The 20 day moving average is also very bullish. Although the medium term moving averages look good for longs, buyers still have to be cautious as the longer term trend is still not very strong. Objectively, dips should still be bought but buyers have to be very selective in choosing a level to scale in for e.g. near the 200 SMA currently at 16.54. 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 $24.79* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 20 Jan 2017
Finance Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
BBTBB&T CorporationBuy, Sell or HoldTrading Levels & Pivots
AFCBAthens Bancshares CorporationBuy, Sell or HoldTrading Levels & Pivots
INTLINTL FCStone Inc.Buy, Sell or HoldTrading Levels & Pivots
NASBNASB Financial Inc.Buy, Sell or HoldTrading Levels & Pivots
DFTDupont Fabros Technology, Inc.Buy, Sell or HoldTrading Levels & Pivots
PACWPacWest BancorpBuy, Sell or HoldTrading Levels & Pivots
EMCIEMC Insurance Group, Inc.Buy, Sell or HoldTrading Levels & Pivots
MBFIMB Financial Inc.Buy, Sell or HoldTrading Levels & Pivots
MCOMoody's Corporation Common StockBuy, Sell or HoldTrading Levels & Pivots
PFSProvident Financial Services, IncBuy, Sell or HoldTrading Levels & Pivots