Bank Of America Corp (NYSE: BAC)
BANKING - Money Center Banks
Financials
Stock price data as of
Closing price: $57.88
-
Support level$54.67
-
Resistance levelN/A
-
Beta1.2
-
RSI (14-day)78.9
- BAC is at or near its 52-week high. Studies have found that such stocks have an increased probability of outperforming the market over the next year.
- BAC is one of this month's top performers with a return of 14.0 percent, beating 90 percent of stocks in the S&P-100.
- BAC is one of this week's least volatile stocks in the S&P-100 with an estimated annualized standard deviation of 17.2%.
- Volatility is forecast to fall over the next month.
- With RSI > 70, BAC is overbought. Odds slightly favor a short-term price reversal.
- Price broke above prior resistance level - a short-term bullish signal.
| 52-week low | 52-week high | Price as % of range |
|---|---|---|
| $44.92 | $58.19 | 97.9% |
| 200 day | 50 day | 20 day | 10 day |
|---|---|---|---|
| $52.43 | $53.31 | $55.21 | $57.05 |
Value at risk (VaR)
There is an estimated 5% probability that the stock price will fall by more than VaR in time period.
-
In the next week4.7%
-
In the next month12.2%
-
In the next year42.1%
| Period | Value |
|---|---|
| Historical (5 year) | 26.7% |
| Last month | 26.2% |
| Current estimate | 17.2% |
| Next month forecast | 21.6% |