Trading Signals: BAC Stock Price Prediction and Forecast

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Thu. Mar. 30, 2017

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

(Bank of America Corp)
BAC latest price $23.0272 (2.23%) ($22.5063 - $23.1334) on Thu. Mar. 30, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.56% (three month average)
RSI   30
Latest Price   $23.0272(2.23%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   BAC advances 0.7% a day on average for past five trading days.
Weekly Trend   BAC declines -3.7% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support BAC advance at 0% a week (0% probability)
XLF(85%)    IVE(76%)    IWD(76%)    VYM(74%)    IWN(72%)
Factors Impacting BAC price   BAC will decline at least -0.78% in a week (0% probabilities).
TLT(-36%)    VIXM(-22%)    UUP(-12%)    TIP(-11%)    IGOV(-9%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.78% (StdDev 1.56%)
Hourly BBV 0 ()
Intraday Trend 2.1%

1 - 5 Day Possible Target   $14.92(-35.21%)
Resistance Level   $23.49
5 Day Moving Average   $22.54(2.16%)
10 Day Moving Average   $22.67(1.58%)
20 Day Moving Average   $23.49(-1.97%)
To recent high   -6.4%
To recent low   8.6%
Market Cap   $199.51b

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 4.04% (three month std-dev: 1.56%) daily (68% of days).

Sample size 6 Average positive next day return: 0.59%(50%) Average negative next day return: -1.49%(50%) Sample size 6 Average positive next three day return: 0.81%(50%) Average negative next three day return: -3.33%(50%) Sample size 6 Average positive next weekly return: 3.14%(33%) Average negative next weekly return: -3.08%(67%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170430

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	Mar_30_2017	22.05	23.49	22.67	22.54	22.43	22.72	23.03(2.23%)	DP	OpenShort	-65	0.5	-21	80	17	-136	79.19	68%	0.27	-38.6	1.56%	0	-0.5	30	0
2	Mar_29_2017	21.99	23.55	22.78	22.39	22.3	22.55	22.53(-0.55%)	DP	OpenShort	-65	0.1	-25	70	19	-156	67.2	66%	0.27	-39.7	1.53%	0	-1.1	20	0
3	Mar_28_2017	21.93	23.66	22.95	22.31	22.23	22.15	22.65(1.95%)	DP	OpenShort	-65	0.4	-34	-40	11	-169	95.76	66%	0.32	-40.2	1.54%	0	-1.1	23	0
4	Mar_27_2017	21.86	23.72	23.12	22.22	22.11	22.06	22.22(-0.39%)	DT	HoldShort	-65	0	-70	-30	-29	-194	119.51	64%	0.32	-45.1	1.53%	0	-1.7	14	0
5	Mar_24_2017	21.79	23.8	23.33	22.49	22.38	22.3	22.3(0.22%)	DP	OpenShort	-75	-0.2	-59	-40	-22	-170	113.5	64%	0.28	-39.7	1.53%	0	-1.8	14	0

6	Mar_23_2017	21.73	23.86	23.55	22.83	22.73	22.16	22.26(0.57%)	DP	OpenShort	-75	-0.7	-69	-190	-42	-150	111.67	64%	0.32	-33.7	1.55%	0	-2.1	12	0
7	Mar_22_2017	21.66	23.94	23.78	23.25	23.19	22.46	22.13(-0.35%)	DT	HoldShort	-65	-1.6	-78	-230	-63	-123	167.98	64%	0.32	-21.8	1.54%	0	-2.7	15	0
8	Mar_21_2017	21.59	24.04	24.02	23.68	23.79	23.3	22.21(-5.81%)	DT	HoldShort	-65	-2.7	-60	-130	-51	-85	259.55	64%	0.28	0.4	1.54%	0	-3.3	14	0
9	Mar_20_2017	21.53	24.13	24.25	24.12	24.15	23.92	23.58(-1.69%)	DT	OpenShort	-75	-1.4	-28	-60	-27	-32	87.29	76%	0.37	49	1.35%	0	-1.4	52	0
10	Mar_17_2017	21.45	24.14	24.33	24.29	24.32	24.28	23.98(-1.43%)	CR	SmallShort	-20	-0.8	-7	-10	-10	4	105.22	81%	0.37	79	1.32%	0	-0.4	61	0

11	Mar_16_2017	21.37	24.12	24.33	24.37	24.37	24.39	24.33(0.16%)	UD	OpenLong	65	-0.1	9	10	-1	38	70.31	79%	0.42	100.6	1.32%	0	0.5	74	0
12	Mar_15_2017	21.28	24.09	24.39	24.4	24.4	24.39	24.29(-0.55%)	UD	OpenLong	65	-0.3	12	-10	-1	52	114.66	80%	0.38	122.3	1.35%	0	0.5	63	0
13	Mar_14_2017	21.2	24.03	24.42	24.41	24.43	24.36	24.43(0.08%)	UD	OpenLong	65	0	14	-20	-3	66	63.18	80%	0.43	125.7	1.37%	0	0.9	61	0
14	Mar_13_2017	21.11	23.94	24.36	24.39	24.48	24.45	24.41(-0.04%)	UD	OpenLong	65	0	16	0	-1	65	56.89	80%	0.43	104.4	1.37%	0	0.9	61	0
15	Mar_10_2017	21.02	23.84	24.29	24.38	24.47	24.49	24.42(-0.16%)	UT	HoldLong	50	0.1	15	20	-2	65	87	75%	0.43	87.7	1.39%	0	0.9	64	0

16	Mar_9_2017	20.93	23.74	24.19	24.41	24.43	24.52	24.46(0.36%)	UT	OpenLong	75	0.1	19	30	3	65	78.98	75%	0.43	83.3	1.4%	0	1	64	0
17	Mar_8_2017	20.84	23.61	24.11	24.39	24.43	24.45	24.37(0.2%)	UT	OpenLong	75	-0	17	10	1	64	105.31	76%	0.43	72.9	1.4%	0	1	63	0
18	Mar_7_2017	20.75	23.49	24.05	24.43	24.45	24.35	24.32(-0.16%)	UD	OpenLong	75	-0.1	22	-30	2	81	64.05	77%	0.44	72.9	1.42%	0	1	69	0
19	Mar_6_2017	20.66	23.39	24	24.32	24.5	24.44	24.36(-0.75%)	UD	OpenLong	75	0	31	10	9	95	75.66	77%	0.49	69	1.43%	0	1.1	76	0
20	Mar_3_2017	20.56	23.29	23.92	24.17	24.32	24.44	24.54(0.83%)	UT	HoldLong	65	0.4	42	80	20	108	92.68	79%	0.44	65.2	1.46%	0	1.5	81	0

21	Mar_2_2017	20.47	23.16	23.83	23.92	24.05	24.55	24.34(-1.06%)	UD	OpenLong	75	0.5	51	160	31	112	99.82	79%	0.49	54.3	1.47%	0	1.4	79	0
22	Mar_1_2017	20.37	23.04	23.75	23.78	23.72	24.08	24.6(3.64%)	UT	HoldLong	65	1	55	100	30	130	143.95	80%	0.44	48.3	1.47%	0	1.9	86	0
23	Feb_28_2017	20.28	22.9	23.6	23.63	23.53	23.55	23.74(0.45%)	UT	HoldLong	65	0.1	35	-10	5	124	90.24	76%	0.45	44.6	1.5%	0	1.1	76	0
24	Feb_27_2017	20.19	22.81	23.49	23.65	23.56	23.36	23.63(1.4%)	UD	OpenLong	65	-0	28	-70	-5	127	69.13	76%	0.4	48.5	1.54%	0	1.1	70	0
25	Feb_24_2017	20.11	22.75	23.36	23.64	23.63	23.5	23.3(-1.42%)	UD	OpenLong	65	-0.5	21	-40	-13	122	97.07	76%		54.2	1.55%	0	0.7	64	0
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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