$BAC Bank of America Corporation Stock Robo Analyst April 1 2020 #BAC
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 stock has support at 17.95 and 15.71. If the stock breaks down through support at 17.95 then it will probably continue lower to 15.71. The stock has resistance at 23.41 and at 25.76. If the stock breaks up through resistance at 23.41 then it will probably continue higher to 25.76. The 200-day moving average is at 30.21. This will also act as resistance. The stock is slightly oversold according to the Stochastic Indicator (32.82).”