The Hourly View for (BA)C
Last Updated December 30, 2020, 13:10 GMT
At the time of this writing, Bank of America’s price is down $-0.05 (-0.17%) from the hour prior. The hourly chart shows that Bank of America has seen 2 straight down hours. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
Bank of America Corp Daily price Recap
30.01 was the closing price of the day for Bank of America Corp, resulting in today being one in which price moved down 0.4% ($0.12) from the previous day. The change in price came along side change in volume that was up 0.82% from previous day, but down 23.31% from the Tuesday of last week. Here is a daily price chart of Bank of America Corp.
Bank of America Corp Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For additional context, note that price has gone down 15 out of the past 30 days.
Overheard Around the Web
Here’s what one trader on StockTwits recently had to say in regards to (BA)C:
$BRK.A $BRK.B $(BA)C $WFC anyone with understanding of fundamentals looking at the absurd premiums being placed of Tesla, Nio, Nikola, Peloton, new IPOs and crypto are fearing for America’s financial stability heading into the future. This is a repeat of 1963 and people are being pulled into investments that are all hype real no results. The music is going to stop and those who are participating will face 10 years of pain as they slowly bleed