Bank of America Corporation Stock Chart

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Bank of America Corporation (BAC) “On a long-term technical basis, the stock (BAC) is trading below its 200-day moving average which implies it is in a negative trend. The new level of support is at 21.63.

The stock has support at 21.63 and 18.30. If the stock breaks down through support at 21.63 then it will probably continue lower to 18.30. The stock has resistance at 22.71 and at 24.95. If the stock breaks up through resistance at 22.71 then it will probably continue higher to 24.95. The 200-day moving average is at 29.35. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (46.83).”

Bank of America Corporation Stock Chart


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