New 52 week high for Bank of America (NYSE:BAC)

by Josh Bank of America Corp. ($BAC) shares are hitting a new 52 week high today. Bank of America Corp. is up 1.47% at $15.15 on a volume of 73,924,000 shares. Shares have traded in a range from $9.32 to $15.03, breaking above the range today.

Shares broke above defined support last Thursday resolving the coil formed this fall. Shares are trading along the upper edge of the price envelope.

52 Week Range $9.32-$15.03 Market Cap 161,378,606,558 Average Volume 89,354,863 Dividend Yield 0.27% Institutional Ownership 63.10% Insider Ownership: 0.10% Percentage of Float Short 1.20% Beta 2.74

Bank of America Corp. is above the 50 day moving average and above the 200 day moving average. These are both bullish indicators.

Bank of America Corp. Bank of America Corporation is a bank holding and a financial holding company, which through its subsidiaries, provides banking and nonbanking financial services and products throughout the United States and in selected international markets.

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