Crossing below the 200 day: Bank of America Corp. Next level of support is not until $15.60.

by Bridget Bank of America Corp. ($BAC) is falling below the 200 day moving average. This is a bearish development, many technical traders use the 200 moving average to dictate which side of the trade engage. (Short below the 200 day, long above the 200 day moving average).

52 Week Range $14.84-$18.21 Market Cap 172,654,527,584 Average Volume 74,166,096 Dividend Yield 1.20% Institutional Ownership 64.70% Insider Ownership: 0.10% Percentage of Float Short 0.90% Beta 1.70

Bank of America Corp. is below the 50 day moving average and below the 200 day moving average. These are bearish, bearish indicators respectively.

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

Articles