Technical Analysis of America Stocks

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Contents

Intuitive and Independent Stock Research

Time to sell Bank of America stock? Want to purchase Bank of America stock? 
Need to buy Bank of America stock? Ready to get rid of Bank of America stock? 
 
Check FREE Technical Report for Bank of America (ticker: bac) stock and decide 
Updated regularly - Last update on 17-Feb-2012 
NEW features added constantly

Return and volatility forecasts, Value at Risk (VaR), Volume

Return on Bank of America (bac) stock follows ARMA(3,5)-GARCH(1,1) model (Student-t errors)
Given current Bank of America stock close price of 8.02 the forecast for the next: 
    '1 week'    '2 weeks'    '3 weeks'    '4 weeks'
    '8.03'      '8.06'       '8.03'       '7.95'   

Probability of Bank of America stock close price to increase in the next: 
    '1 week'    '2 weeks'    '3 weeks'    '4 weeks'
    '51.31%'    '51.82%'     '48.19%'     '46.36%' 

Value at Risk (VaR) for $1,000 worth of Bank of America stock at 5 percent probability: 
Lose at most $79.99 in 1 day, $438.11 in 30 days and $758.83 in 90 days

Stock price, return, high and low

Price fundamentals for Bank of America (bac) stock 
 
Bank of America stock price change in percent over the last: 
    '30 days'     '6 months'    '1 year'       '3 years'  
    '15.2299%'    '14.7353%'    '-45.5902%'    '106.7010%'

Average daily return (continuously compounded) for Bank of America stock over the last: 
    '30 days'    '6 months'    '1 year'      '3 years'
    '0.7501%'    '0.0591%'     '-0.2414%'    '0.0760%'

OVER THE LAST YEAR:
The minimum Bank of America stock close price of 4.99 was observed on 19-Dec-2011 
The maximum Bank of America stock close price of 14.74 was observed on 17-Feb-2011 
Current close price of Bank of America (8.02) as a percent of range is equal to 31.08% 
 
The lowest one-day return (i.e. largest price drop for Bank of America stock) 
 of -22.65% was observed on 08-Aug-2011 
The highest one-day return (i.e. largest price increase for Bank of America stock) 
 of 15.53% was observed on 09-Aug-2011 

Technical Analysis: RSI and MACD

RSI readings of Bank of America share greater than 70 are in overbought territory, 
while RSI below 30 is oversold region. RSI 30 to 70 is neutral.
Buy Bank of America stocks when the MACD line crosses up through the signal line.
Sell Bank of America shares when MACD line crosses down through the signal line.

Technical Analysis: Accumulation/Distribution oscillator and Momentum

The Accumulation/Distribution oscillator is a common tool based on the high,
low, opening, and closing prices of Bank of America share for each tradind day.
Momentum calculates the difference between two prices separated by 12 days.

Technical Analysis: Chaikin oscillator and Chaikin volatility

This Chaikin oscillator is computed by subtracting exponential,
moving average of the A/D line of Bank of America stock from the three-period
exponential moving average of the A/D line.
Chaikin volatility is computed from a 10-period exponential moving
average and 10-day difference of Bank of America stock.

Technical Analysis: Williams %R and On-Balance volume

Bank of America equity is considered oversold if Williams R is below -80.
Bank of America share is overbought if Williams R is above -20. 
On-Balance Volume for Bank of America stock adds or subtracts volume to
a total depending on whether Bank of America price moves up or down.

Stock performance compared to Dow Jones Index

Does Bank of America (bac) stock go together with Dow Jones Index? 
 
Correlation between return on Bank of America stock and Dow Jones Index over the last: 
    '30 days'    '6 months'    '1 year'    '3 years'
    '61.88%'     '69.45%'      '73.16%'    '65.91%' 

Percent of time when return on Bank of America stock was higher than on Dow Jones Index 
 over the last: 
    '30 days'    '6 months'    '1 year'    '3 years'
    '63.64%'     '50.39%'      '44.27%'    '47.03%' 

Stock performance compared to GOLD ETF (gld)

Does Bank of America (bac) stock go together with GOLD ETF? 
 
Correlation between return on Bank of America stock and GOLD ETF over the last: 
    '30 days'    '6 months'    '1 year'     '3 years'
    '-22.29%'    '2.59%'       '-10.14%'    '-0.07%' 

Percent of time when return on Bank of America stock was higher than on GOLD ETF 
 over the last: 
    '30 days'    '6 months'    '1 year'    '3 years'
    '54.55%'     '49.61%'      '43.87%'    '47.03%' 

Stock performance compared to Physical Silver (slv)

Does Bank of America (bac) stock go together with Physical Silver? 
 
Correlation between return on Bank of America stock and Physical Silver over the last: 
    '30 days'    '6 months'    '1 year'    '3 years'
    '11.10%'     '26.06%'      '9.87%'     '11.09%' 

Percent of time when return on Bank of America stock was higher than on Physical Silver 
 over the last: 
    '30 days'    '6 months'    '1 year'    '3 years'
    '50.00%'     '51.97%'      '43.08%'    '47.69%' 

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