For Company Research, enter symbol or keyword and choose type of research:    Symbol Search
Bank of America Corp
(NYSE: BAC) Add to Portfolio
-0.18 (-0.60%)
as of Sep 19, 2019

Bank Of America (BAC) Approaches New Downside Target of $28.08

Bank Of America (NYSE:BAC) has opened bearishly below the pivot of $28.64 today and has reached the first level of support at $28.36. Should the shares continue to fall, the support pivots of $28.08 and $27.52 will be of interest.

Potential upside of 23.8% exists for Bank Of America, based on a current level of $28.12 and analysts' average consensus price target of $34.80. Bank Of America shares should first meet resistance at the 200-day moving average (MA) of $28.72 and find additional resistance at the 50-day MA of $29.22.

In the past 52 weeks, shares of Bank Of America have traded between a low of $22.66 and a high of $31.91 and are now at $28.12, which is 24% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in Bank Of America. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Bank Of America in search of a potential trend change.

Write to SmarTrend at


SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

© 2019 Market data provided and hosted by Barchart Market Data Solutions. Fundamental company data provided by Morningstar and Zacks Investment Research. SEC Filings provided by Edgar Online. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.