On the downside, the stock finds support just below today’s level from accumulated volume at $32.31 and $32.26. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock https://www.fxclub.org/economcalendar then may fall to the next support level. In this case, Bank of America finds support just below today’s level at $32.31. If this is broken, then the next support from accumulated volume will be at $32.26 and $31.92.
- Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards.
- The Bank of America stock holds several negative signals and despite the positive trend, we believe Bank of America will perform weakly in the next couple of days or weeks.
- Banks including JPM, GS, BAC, C & WFC give a gloomy Q3 fee income guidance as the operating backdrop turns challenging.
- The ex-dividend date of this dividend is Thursday, September 1st.
- There’s too much uncertainty out there.Volatility can either delight you or crush you, so it’s crucial to be able to gauge future price movements now more than ever.
Consumer Banking segment offers a range of credit, banking and investment products and services to consumers and small businesses. The GWIM segment provides client experience through a network of financial advisors focused on clients with over $250,000 BAC in… 17 brokerages have issued 12-month price targets for Bank of America’s stock. On average, they anticipate the company’s stock price to reach $46.58 in the next year. This suggests a possible upside of 36.5% from the stock’s current price.
Trading Expectations For The Upcoming Trading Day Of Monday 19th
34.12.The all-time high https://dotbig.com/ closing price was 48.54 on February 08, 2022. Bank of America’s most recent quarterly dividend payment of $0.21 per share was made to shareholders on Friday, June 24, 2022. Bank of America’s next quarterly dividend payment of $0.22 per share will be made to shareholders on Friday, September 30, 2022.
For the upcoming trading day on Monday, 19th we expect Bank of America Corporation to open at $34.00, and during the day , to move between $33.18 and $35.06, which gives a possible trading interval of +/-$0.94 (+/-2.77%) https://dotbig.com/markets/stocks/BAC/ up or down from last closing price. If Bank of America Corporation takes out the full calculated possible swing range there will be an estimated 5.53% move between the lowest and the highest trading price during the day.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.57 (1.69%) between high and low. For the last week, the stock has had daily average volatility of 2.46%. This may be an early warning and the https://dotbig.com/ risk will be increased slightly over the next couple of days. In total, 54 million shares were bought and sold for approximately $1.85 billion. Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.
However, rising interest rates offer some support to banks’ top line. Bank stocks fell with the broad market in early trades on Monday, as Wall Street absorbed the impact of bearish Consumer Price Index data. JPMorgan Chase https://dotbig.com/markets/stocks/BAC/ & Co. fell 2.1%, Goldman Sachs Group Inc. dropped 2.2%, Citigroup … Enter your email address below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter.
Bank Of America Corp Stock Outperforms Market Despite Losses On The Day
Bank Of America Bac Receives A Rating Update From A Top Analyst
MarketBeat has tracked 28 news articles for Bank of America this week, compared to 19 articles on an average week. Bank of America pays a meaningful dividend of 2.58%, higher than the bottom 25% of all stocks that pay dividends. 0.87% of the outstanding shares of Bank of America have been sold short.
Bank Of America Corp Bac:nyse
Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (“BofA Corp.”). MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC https://stock-maks.com/forex/ and a wholly owned subsidiary of BofA Corp. The Bank Of America 52-week low stock price is 29.67, which is 13% below the current share price. The Bank Of America 52-week high stock price is 50.11, which is 46.9% above the current share price. Small cap stocks – and penny stocks in particular – tend to march to the beat of their own drummer.