Trading Signals: BAC Stock Price Prediction and Forecast

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Thu. Jun. 23, 2022

Trading Signals: BAC Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)

(Bank of America Corp)
BAC latest price $32.0800 (-1.6%) ($31.2600 - $32.4050) on Thu. Jun. 23, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.02% (three month average)
RSI   22
Latest Price   $32.0800(-1.6%)
Stocks Behave Similarly   Similar Stock List
Weekly Trend   BAC declines -5.5% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support BAC advance at 0% a week (0% probability)
BLOK(46%)    EWG(41%)    IWD(41%)    EWI(40%)    DIA(39%)
Factors Impacting BAC price   BAC will decline at least -1.01% in a week (0% probabilities).
UUP(-21%)    VIXM(-15%)    VXX(-8%)    TBT(-5%)    EDOC(-1%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.01% (StdDev 2.02%)
Hourly BBV -1 ()
Intraday Trend -0.9%

1 - 5 Day Possible Target   $20.73(-35.38%)
Resistance Level   $34.34
5 Day Moving Average   $32.26(-0.56%)
10 Day Moving Average   $32.43(-1.08%)
20 Day Moving Average   $34.34(-6.58%)
To recent high   -26.6%
To recent low   2%
Market Cap   $277.944b

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and All Other. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses. The Global Wealth and Investment Management provides client experience through a network of financial advisors focused on to meet their needs through a full set of investment management, brokerage, banking, and retirement products. The Global Banking segment deals with lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. The Global Markets segment includes sales and trading services, as well as research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. The All Other segment consists of asset and liability management activities, equity investments, non-core mortgage loans and servicing activities, the net impact of periodic revisions to the mortgage servicing rights (MSR) valuation model for both core and non-core MSRs, other liquidating businesses, residual expense allocations and other. The company was founded by Amadeo Peter Giannini in 1904 is headquartered in Charlotte, NC.

$. BAC price fluctuates within 6.26% (three month std-dev: 2.02%) daily (68% of days).

Sample size 27 Average positive next day return: 2.27%(48%) Average negative next day return: -2.97%(52%) Sample size 27 Average positive next three day return: 4.78%(33%) Average negative next three day return: -3.73%(67%) Sample size 27 Average positive next weekly return: 8.85%(48%) Average negative next weekly return: -6.06%(52%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220723

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_23_2022	39.56	34.34	32.43	32.26	32.33	32.3	32.08(-1.6%)	DT	HoldShort	-65	-0.1	-46	0	-6	-167	43.92	37%	-0.38	-33.5	2.02%	-1	-1.1	22	0.2
2	Jun_22_2022	39.71	34.53	32.78	32.25	32.21	32.63	32.6(-0.76%)	DP	OpenShort	-65	0.2	-29	90	16	-165	37.62	40%	-0.38	-35.5	2.03%	0.5	-0.9	23	-1.1
3	Jun_21_2022	39.86	34.7	33.12	32.03	32.07	32.37	32.85(2.91%)	DP	OpenShort	-65	0.4	-28	70	22	-176	53.44	40%	-0.47	-37.2	2.08%	1.3	-0.9	22	-2.3
4	Jun_17_2022	40.05	34.76	33.43	31.86	31.84	31.8	31.92(0.22%)	DP	OpenShort	-75	0	-58	-10	-8	-209	79.33	37%	-0.35	-44.2	2.02%	1	-1.4	15	0.3
5	Jun_16_2022	40.19	34.91	33.85	32.11	31.89	31.76	31.85(-0.62%)	DT	HoldShort	-65	-0.1	-72	-50	-26	-211	61.2	40%	-0.35	-45.1	2.02%	0	-1.6	19	0.4

6	Jun_15_2022	40.33	35.08	34.33	32.64	32.37	31.89	32.05(1.88%)	DP	OpenShort	-75	-0.3	-74	-130	-37	-184	51.12	40%	-0.35	-42.8	2.07%	0.6	-1.8	29	0.3
7	Jun_14_2022	40.47	35.29	34.8	33.41	33.16	32.02	31.46(-1.75%)	DT	OpenShort	-75	-1.2	-87	-260	-63	-157	49.28	42%	-0.32	-33.5	2.05%	-1.7	-2.4	26	0.4
8	Jun_13_2022	40.6	35.48	35.39	34.39	34.17	32.85	32.02(-3.47%)	DT	OpenShort	-75	-1.8	-81	-290	-72	-109	61.18	42%	-0.34	-25.5	2.07%	-1.4	-2.6	27	0.5
9	Jun_10_2022	40.74	35.66	35.92	35.21	35.14	34.31	33.17(-3.88%)	DT	OpenShort	-75	-1.9	-54	-170	-57	-46	49.09	44%	-0.29	-20.2	2.03%	-1.3	-2.3	52	1.2
10	Jun_9_2022	40.86	35.77	36.3	35.82	35.91	35.5	34.51(-3.85%)	CR	SmallShort	-20	-1.5	-19	-70	-28	10	49.27	52%	-0.32	-17.9	1.99%	-2	-1.4	55	1

11	Jun_8_2022	40.99	35.77	36.46	36.26	36.21	35.97	35.89(-1.27%)	N/A	N/A	0	-0.4	-1	-50	-15	41	33.46	56%	-0.24	-20.4	2.1%	-1	0.1	60	0.9
12	Jun_7_2022	41.09	35.83	36.45	36.41	36.39	36.32	36.35(0.55%)	UD	OpenLong	65	-0.1	5	-20	-10	49	29.14	50%	-0.12	-22.9	2.09%	-0.4	0.6	53	1.2
13	Jun_6_2022	41.14	35.82	36.41	36.58	36.56	36.45	36.15(-0.11%)	UD	OpenLong	65	-0.5	11	-20	-6	63	40.34	50%	-0.29	-16.3	2.23%	-0.7	0.4	59	1.1
14	Jun_3_2022	41.26	35.88	36.21	36.76	36.68	36.46	36.19(-1.39%)	UD	OpenLong	65	-0.6	10	-50	-8	62	25.04	48%	-0.31	-1.5	2.27%	-1.2	0.3	57	1.4
15	Jun_2_2022	41.39	35.93	36.05	36.85	36.68	36.67	36.7(0.08%)	UD	OpenLong	65	-0.1	16	-30	-1	66	35.3	48%	-0.31	4.3	2.27%	-0.5	0.8	60	1.3

16	Jun_1_2022	41.52	36.01	35.87	36.68	36.82	36.91	36.67(-1.42%)	UD	OpenLong	75	-0	20	30	7	58	34.98	45%	-0.31	8.8	2.29%	-0.2	0.6	56	1.5
17	May_31_2022	41.65	36.02	35.79	36.48	36.55	36.96	37.2(0.49%)	UT	OpenLong	75	0.6	26	80	16	55	71.44	48%	-0.45	6.5	2.32%	1.7	1	57	1.4
18	May_27_2022	41.84	35.96	35.54	36.21	36.17	36.74	37.02(0.95%)	UT	OpenLong	75	0.7	35	110	33	42	43.2	44%	-0.29	-4.5	2.33%	1.1	1	52	1.8
19	May_26_2022	41.96	35.96	35.34	35.58	35.79	36.14	36.67(2.32%)	N/A	N/A	0	1	23	90	30	0	60.17	44%	-0.24	-28.1	2.35%	1.3	0.7	44	1.8
20	May_25_2022	42.06	35.89	35.17	35.13	35.18	35.6	35.84(0.53%)	DP	OpenShort	-65	0.7	-1	90	12	-41	49.22	47%	-0.31	-48	2.34%	1.4	-0	39	1.7

21	May_24_2022	42.19	35.91	35.17	34.94	34.87	35.45	35.65(-0.61%)	DP	OpenShort	-65	0.6	-6	110	14	-67	46.08	45%	-0.24	-66.3	2.38%	0.6	-0.2	33	2.1
22	May_23_2022	42.29	35.95	35.13	35.01	34.79	34.76	35.87(5.94%)	DP	OpenShort	-65	0.8	-8	-20	14	-74	68.77	44%	-0.21	-75.5	2.4%	1.3	-0.1	44	2.2
23	May_20_2022	42.38	36.01	35.16	34.8	34.9	34.29	33.86(-1.71%)	DT	OpenShort	-75	-0.8	-41	-110	-21	-102	61.96	40%	-0.26	-84.3	2.25%	-1.5	-1.8	40	2
24	May_19_2022	42.49	36.2	35.51	35.06	35.08	34.83	34.45(-1.23%)	DT	OpenShort	-75	-0.5	-36	-50	-21	-81	46.91	40%	-0.26	-77.3	2.26%	-1.1	-1.5	46	1.7
25	May_18_2022	42.6	36.42	35.81	35.18	35.29	35.5	34.88(-3.08%)	DT	HoldShort	-50	-0.2	-15	50	1	-63	47.06	40%		-68.6	2.28%	-1.2	-1.2	42	2
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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