Bank of America Came Into Today Up 0.55%

The Daily View for Bank of America

  • At the time of this writing, BAC’s price is up $0.1 (0.26%) from the day prior.
  • This move is a reversal from the day prior, which saw price move up.
  • From a daily perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 day timeframes.
  • Regarding moving averages, it should first be noted that price has crossed the 20 day moving average, resulting in them with price now being above it. The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Bank of America’s hourly price chart is shown below.

BAC

The Daily View for Bank of America

  • At the time of this writing, BAC’s price is up $0.21 (0.55%) from the day prior.
  • This move is a reversal from the day prior, which saw price move down.
  • As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe.
  • The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Below is a daily price chart of Bank of America.

BAC

Featured Bank of America Idea From TradingView

Below is a trading comment entitled BAC VS 224 D CYCLE you may find interesting:

CYCLE LENGHT: 224 DAYS OR (32 WEEKS – 7.5 MONTHS – ♀H)NEXT TOP: 04 MAYNEXT BOT: 09 JUNELIKE AND FOLLOW FOR MORE BANK OF AMERICA COMPANY (BAC) CYCLES.PLEASE DROP A COMMENT IF YOU LIKED THE IDEA AND FEEL FREE TO POST YOUR OWN SET UPS.*THIS IS NOT FINANCIAL ADVICE*

Astalego