Trading Signals: BAC Stock Price Prediction and Forecast

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Thu. Jun. 29, 2017

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

(Bank of America Corp)
BAC latest price $23.5384 (1.84%) ($23.2626 - $23.8772) on Thu. Jun. 29, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.45% (three month average)
RSI   57
Latest Price   $23.5384(1.84%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   BAC advances 1.2% a day on average for past five trading days.
Weekly Trend   BAC declines -0.5% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support BAC advance at 0% a week (0% probability)
XLF(85%)    IWD(77%)    IVE(76%)    VYM(74%)    IWN(72%)
Factors Impacting BAC price   BAC will decline at least -0.725% in a week (0% probabilities).
TLT(-36%)    VIXM(-21%)    UUP(-13%)    TIP(-10%)    IGOV(-8%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.725% (StdDev 1.45%)
Hourly BBV 0 ()
Intraday Trend -1.1%

5 Day Moving Average   $22.68(3.78%)
10 Day Moving Average   $22.66(3.88%)
20 Day Moving Average   $22.53(4.48%)
To recent high   0%
To recent low   9.4%
Market Cap   $203.939b

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 2.44% (three month std-dev: 1.45%) daily (68% of days).

Sample size 3 Average positive next day return: 1.49%(67%) Average negative next day return: -3.28%(33%) Sample size 3 Average positive next three day return: 3.72%(67%) Average negative next three day return: -1.93%(33%) Sample size 3 Average positive next weekly return: 2.86%(67%) Average negative next weekly return: -6.27%(33%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170729

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_29_2017	22.86	22.53	22.66	22.68	22.81	23.29	23.54(1.84%)	N/A	N/A	0	1.6	32	160	43	-3	150.5	66%	0.04	26.2	1.45%	0	1.8	57	INF
2	Jun_28_2017	22.85	22.45	22.57	22.41	22.46	22.73	23.11(2.62%)	N/A	N/A	0	1.3	12	90	26	-29	119.05	66%	0.04	8.2	1.43%	0	1.3	63	INF
3	Jun_27_2017	22.84	22.38	22.55	22.27	22.3	22.34	22.52(1.66%)	DP	OpenShort	-65	0.5	-7	20	3	-36	88.26	63%	0.04	-7.2	1.42%	0	0.3	62	INF
4	Jun_26_2017	22.83	22.36	22.6	22.31	22.31	22.19	22.15(0.31%)	DP	OpenShort	-75	-0.3	-18	-40	-19	-16	61.31	62%	0	-6.1	1.4%	0	-0.4	63	INF
5	Jun_23_2017	22.83	22.37	22.68	22.51	22.51	22.25	22.09(-0.48%)	N/A	N/A	0	-0.8	-7	-80	-18	28	85.4	62%	0	6.1	1.4%	0	-0.5	59	INF

6	Jun_22_2017	22.83	22.39	22.77	22.63	22.71	22.43	22.19(-0.86%)	N/A	N/A	0	-0.9	-1	-80	-21	61	64.76	62%	0	17.1	1.4%	0	-0.4	60	INF
7	Jun_21_2017	22.83	22.39	22.79	22.74	22.82	22.76	22.39(-1.53%)	UD	OpenLong	65	-0.7	7	-10	-18	83	72.43	52%	0.04	30.7	1.4%	0	-0	59	INF
8	Jun_20_2017	22.82	22.41	22.75	22.87	22.89	22.99	22.74(-1.76%)	UD	OpenLong	75	-0.3	25	30	1	97	59.69	52%	0	32.5	1.57%	0	0.6	67	INF
9	Jun_19_2017	22.82	22.39	22.64	22.92	22.86	22.88	23.14(2.05%)	UT	OpenLong	75	0.4	27	-0	3	98	58.59	55%	0.04	27.8	1.56%	0	1.5	64	INF
10	Jun_16_2017	22.81	22.34	22.5	22.9	22.88	22.8	22.68(-0.47%)	UD	OpenLong	65	-0.5	17	-30	-5	84	57.75	50%	0	19.5	1.55%	0	0.7	53	INF

11	Jun_15_2017	22.81	22.3	22.41	22.94	22.96	22.84	22.78(-0.93%)	UD	OpenLong	75	-0.3	23	-30	3	82	69.71	50%	0	10	1.55%	0	1	54	INF
12	Jun_14_2017	22.81	22.3	22.32	22.83	22.91	22.96	23(-0.04%)	UD	OpenLong	75	0.4	26	30	12	66	102.35	50%	0.04	-10.9	1.55%	0	1.6	55	INF
13	Jun_13_2017	22.8	22.3	22.19	22.61	22.74	23.07	23.01(-0.04%)	UD	OpenLong	75	0.8	33	120	31	39	68.05	50%	0.09	-23.6	1.55%	0	1.6	54	INF
14	Jun_12_2017	22.78	22.3	22.09	22.31	22.39	22.86	23.02(0.46%)	UT	OpenLong	75	1.4	31	160	38	11	85.83	50%	0.04	-38.7	1.55%	0	1.5	60	INF
15	Jun_9_2017	22.77	22.3	22.01	22.04	22.01	22.4	22.91(3.05%)	N/A	N/A	0	1.7	21	120	33	-14	108.25	50%	0.04	-50.7	1.55%	0	1.3	59	INF

16	Jun_8_2017	22.76	22.25	21.95	21.81	21.78	21.92	22.23(1.64%)	N/A	N/A	0	0.8	3	40	17	-38	93.69	45%	0.04	-58.4	1.5%	0	-0	56	INF
17	Jun_7_2017	22.75	22.3	21.97	21.74	21.66	21.62	21.87(1.66%)	DP	OpenShort	-65	0.2	-10	-20	1	-41	66.43	42%	0	-55.4	1.48%	0	-0.7	54	INF
18	Jun_6_2017	22.75	22.36	22.03	21.71	21.68	21.64	21.52(-0.8%)	DT	OpenShort	-75	-0.3	-23	-20	-11	-60	71.74	39%	-0.04	-53.4	1.46%	0	-1.4	29	INF
19	Jun_5_2017	22.76	22.44	22.11	21.82	21.75	21.71	21.69(-0.18%)	DT	OpenShort	-75	-0.2	-25	-20	-12	-65	51.59	39%	0	-46.9	1.46%	0	-1.3	29	INF
20	Jun_2_2017	22.76	22.51	22.17	21.97	21.86	21.72	21.73(-0.8%)	DT	OpenShort	-75	-0.4	-28	-60	-15	-67	79.72	39%	-0.04	-39	1.47%	0	-1.4	31	INF

21	Jun_1_2017	22.77	22.57	22.2	22.11	22.06	21.79	21.9(0.98%)	DP	OpenShort	-75	-0.4	-34	-90	-19	-77	69.73	46%	0	-32.8	1.47%	0	-1.3	31	INF
22	May_31_2017	22.77	22.63	22.19	22.23	22.25	22.01	21.69(-1.86%)	DT	OpenShort	-75	-1.1	-42	-70	-25	-91	138.64	39%	0	-28.4	1.49%	0	-1.8	27	INF
23	May_30_2017	22.77	22.68	22.34	22.41	22.44	22.33	22.1(-1.42%)	DT	OpenShort	-75	-0.7	-23	-30	-7	-69	61.31	42%	0.04	-25.6	1.48%	0	-1.3	34	INF
24	May_26_2017	22.76	22.72	22.44	22.43	22.48	22.49	22.42(-0.04%)	DP	OpenShort	-65	-0	-15	10	1	-61	50.4	48%	0.04	-26.5	1.53%	0	-0.7	38	INF
25	May_25_2017	22.75	22.73	22.51	22.4	22.43	22.54	22.43(-0.47%)	DP	OpenShort	-65	0.1	-7	40	10	-58	60.44	48%		-22.8	1.54%	0	-0.7	43	INF
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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