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(BAC) Bank America complete technical analysis [charts+indicators] | Buy/Sell Bank America | (BAC) share price targets

Complete technical analysis of Bank America (BAC) by charts plus indicators, forecast predictions and share price targets for Bank America (BAC)

Bank America trades in USA in Finance sector.

Showing technical analysis as on 2024-08-29 View latest technical analysis

10 day averaged volume of Bank America is 36844910

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	40.17	40.05	40.34	39.53	0.945 times
28 Wed Aug 2024	39.95	39.34	40.27	39.33	1.105 times
27 Tue Aug 2024	39.67	40.00	40.13	39.61	0.877 times
26 Mon Aug 2024	39.92	40.00	40.20	39.66	1.212 times
23 Fri Aug 2024	39.77	39.27	40.17	39.27	1.238 times
22 Thu Aug 2024	39.24	38.78	39.29	38.57	0.961 times
21 Wed Aug 2024	38.75	38.87	39.00	38.39	0.916 times
20 Tue Aug 2024	38.69	39.12	39.24	38.34	1.206 times
19 Mon Aug 2024	39.67	39.48	39.75	39.45	0.74 times
16 Fri Aug 2024	39.34	39.00	39.42	38.99	0.73 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 39.7, but if it comes below 39.7, then a intra day sell could be more profitable.
If you take a sell trade below 39.7, then use 39.7 as stoploss and 38.73 as target. However if you take a buy trade in stock , then use 39.7 as stoploss and 41 as target.

Share price targets for Bank America (BAC)

Target Type	Value
Downside Target	34.15
Downside Target	35.14
Downside Target	36.65
Downside Target	38.01
Downside Target	39.68
Downside Target	40.08
Downside Target	40.17
Upside Target	40.34
Upside Target	40.45
Upside Target	41.89
Upside Target	44.44

Intraday share price targets for Bank America (BAC)

Target Type	Value
Downside Intraday Target	39.55
Downside Intraday Target	38.94
Upside Intraday Target	40.56
Upside Intraday Target	40.96
Downside Intraday Target	39.95

Weekly technical analysis of Bank America (BAC)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	40.17	40.00	40.34	39.33	0.818 times
23 Fri Aug 2024	39.77	39.48	40.17	38.34	1.29 times
16 Fri Aug 2024	39.34	38.50	39.68	38.01	0.643 times
09 Fri Aug 2024	38.28	35.65	38.59	35.14	0.835 times
02 Fri Aug 2024	37.58	41.78	41.89	37.18	1.282 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bank America (BAC)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	40.17	40.44	40.45	35.14	0.955 times
31 Wed Jul 2024	40.31	39.91	44.44	39.68	1.216 times
28 Fri Jun 2024	39.77	40.04	40.34	38.34	1.01 times
31 Fri May 2024	39.99	37.21	40.08	36.65	0.796 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bank America (BAC)

Price action analysis of Bank America ( (BAC) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Bank America ( (BAC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bank America ( (BAC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bank America ( (BAC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Bank America stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Bank America in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bank America Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bank America in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Bank America is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.52 and Bank America (BAC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Bank America (BAC) stock. Volume based technical analysis of Bank America (BAC) stock is negative.

Bank America Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.