Kyo026

BAC Outlook

بيع
Kyo026 تم تحديثه   
NYSE:BAC   Bank of America
For my own educational purposes. Not to be used as financial advice.

1Y

Being held under 200EMA with decreasing volume.

RSI - Is in overbought territory, bearish.

MFI - Is in a downtrend, showing bearish sentiment.


5Y

Volume is still decreasing, meaning it is bearish.

RSI - Is in a downtrend, bearish.

MFI - In in an uptrend, bullish. *note that this uptrend was from the drop in March when everything went down. This would just be a correction, possibly a dead cat bounce


All-Timeline

Volume is slightly higher, bullish.

RSI - Is in oversold, bullish.

MFI - Is in a downtrend, bearish.


This could give off mixed signals, but when we take into account the state of the market and the economy, I feel the bearish signals are stronger. I feel we are in for more downside.
تعليق:
We are reaching a peak on the RSI on the ALL timeframe. The fall could be on its way.
تعليق:
This extension went on longer than anticipated and like I said there were mixed signals. RSI went from bullish and now is bearish.

RSI on the ALL timeframe is overextended and hit 100. Watch for the fall.
تعليق:
First gap at 26, then another between 16 and 30.
تعليق:
Too early on this call.
تعليق:
X
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