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Bank Of America Corp $BAC Technical Update

The Bank Of America Corp (NYSE: BAC) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for BAC, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Technical Summary

Term →Near Mid Long
Rating Strong Neutral Neutral
P1 27.55 24.73 26.00
P2 28.23 26.89 28.72
P3 28.70 28.86 31.19
Triggers may have already come
Support and Resistance Plot Chart for BAC

Long Term Trading Plans for BAC

December 3, 2018, 12:00 am ET

The Technical Summary and Trading Plans for BAC help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this BAC Report.

BAC - (Long) Support Plan

The technical summary data tells us to buy BAC near 26.00 with an upside target of 28.72. This data also tells us to set a stop loss @ 25.74 to protect against excessive loss in case the stock begins to move against the trade. 26.00 is the first level of support below 28.4 , and by rule, any test of support is a buy signal. In this case, support 26.00 would be being tested, so a buy signal would exist.

BAC - (Short) Resistance Plan

The technical summary data is suggesting a short of BAC as it gets near 28.72 with a downside target of 26.00. We should have a stop loss in place at 28.98 though. 28.72 is the first level of resistance above 28.4, and by rule, any test of resistance is a short signal. In this case, if resistance 28.72 is being tested, so a short signal would exist.


BAC Long Term Analysis


BAC EPS Analysis

BAC Dividend Chart

BAC Revenue chart

BAC Growth rate - Quarterly

BAC Growth rate - Yearly

BAC PE chart

BAC PEG chart