Bank of America touches the SMA resistance - Analysis - 13-09-2017

Economies.com
2017-09-13 11:40AM UTC

Bank of America's stock (BAC) rose in the intraday levels, scoring a new profit of 2.53% in the last session, or 0.59 points, and touching the resistance of the 50-day SMA, while getting hurt by piercing the main upward short-term trend line previously, countered by positive signals from relative power indicators. 

 

Therefore we expect the stock to return lower, targeting the support of 22.16, as long as the resistance of 24.31 holds on. 

Stocks Technical Analysis

United States Analysis

Stocks

CVS price climbs cautiously - Forecast today - 28-03-2024
2024-03-28 11:18AM UTC
CVS Health Corporation Stock Analysis CVS Health Corporation’s stock price edged up in the ...
United States Analysis

Stocks

eBay price starts recovering - Forecast today - 28-03-2024
2024-03-28 11:17AM UTC
eBay Stock Analysis eBay’s stock price rose in the intraday levels amid the dominance of the ...
United States Analysis

Stocks

Taiwan Semiconductor price seeks a bottom to boost it higher - 28-03-2024
2024-03-28 11:17AM UTC
Taiwan Semiconductor Stock Analysis Taiwan Semiconductor’s stock price (TSM) fell in the ...