BAC-M NEWS why is Bank Of America Corp [bac/pm] price falling or rising

BAC-M NEWS reasons for why stock price of Bank Of America Corp [bac/pm] is falling or rising

BAC-M Bank America is falling or rising technical reasons

Technical analysis forecast for Bank America Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Bank America BAC-M at this time. Stock is falling and might fall more.

It appears as if Bank America BAC-M gave a large move recently.

Stock of Bank America (BAC-M) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Bank America is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 22.7, for a target of 23 or 23.17

BAC-M Bank America is falling or rising NEWS fundamental reasons

More announcements and NEWS

BAC-M Bank Of America Corp [bac/pm] current price & indicator signals

Moving Averages for Bank Of America Corp [bac/pm]

5Day Average: 23
12Day Average: 23.22
20Day Average: 23.23
50Day Average: 23.16
100Day Average: 23.43
150Day Average: 23.7
200Day Average: 23.58

BAC-M Indicators & signals

Indicator MACD (12,26,9)

23.13, 23.19, 0
Indicator MACD is in negative zone

Indicator ADX (14)

0, 29.17, 29.17
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BAC-M Bank Of America Corp [bac/pm] are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
07 Fri Mar 2025	22.80	22.79 to 23.03	-0.61%	0.34 times
06 Thu Mar 2025	22.94	22.84 to 22.98	-0.48%	0.63 times
05 Wed Mar 2025	23.05	22.99 to 23.16	-0.09%	0.43 times
04 Tue Mar 2025	23.07	22.98 to 23.15	-0.39%	1.01 times
03 Mon Mar 2025	23.16	23.05 to 23.22	0.26%	1.37 times
28 Fri Feb 2025	23.10	23.08 to 23.30	-1.83%	1.01 times
27 Thu Feb 2025	23.53	23.48 to 23.59	0.09%	0.67 times
26 Wed Feb 2025	23.51	23.45 to 23.61	0%	0.76 times
25 Tue Feb 2025	23.51	23.31 to 23.55	0.86%	2.67 times
24 Mon Feb 2025	23.31	23.27 to 23.45	0.13%	0.96 times
21 Fri Feb 2025	23.28	23.27 to 23.43	-0.3%	0.51 times
20 Thu Feb 2025	23.35	23.22 to 23.39	0%	0.48 times