pretiming: BAC. Bank of America Corp stock 10-Day Forecast Technical Analysis Chart by Pretiming A.I. Oct 05, 2022: It's about to begin a downward trend as a rebounding trend gradually gives way to increasing limited rises and strong falls and a suitable investing position is 'Buy(Bullish) and Hold' for now.

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> In case of the high similarity between the US stock market flow and stock price, the predicted stock price flow might be suddenly changed depending on the flow of the US stock market.
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BAC. Bank of America Corp stock 10-Day Forecast Technical Analysis Chart by Pretiming A.I. Oct 05, 2022: It's about to begin a downward trend as a rebounding trend gradually gives way to increasing limited rises and strong falls and a suitable investing position is 'Buy(Bullish) and Hold' for now.

BAC Stock 10-Day Forecast Technical Analysis Chart by Pretiming A.I.

Closed price

Oct 05, 2022

31.92

-1.42%

Appropriate Investment Position: Buy and Hold

Today's stock price Buy-Sell strength analysis

The current trend is an Entering Downward trend. The OPEN-price began with a stronger decline rate than the current trend and The HIGH and LOW prices are weak HIGH-price &, appropriate LOW-price to the current trend and then, the CLOSE-price closed with a suitable decline rate for the current trend.

The overall buy-sell strength is that the sell strength is stronger than the buy.

Assuming that the average sell strength is -100%,

Today's sell strength is

-154%

 

 

Tomorrow's stock price Buy-Sell strength Forecast

Tomorrow seems to be an Upward trend.

Predicted strengths of Risk & Profit:

79%

 

HIGH ~ LOW % range:

2.0%

~

0.1%

Predicted Average return over the next 3 days:

7.0%

The similarity between the rise and fall of the US stock

market and BAC stock price is

78%

 

because of the high similarity, predicted flow might be changed depending on the flow of the US stock market. If changes are made, the stock flow of the 10 day forecast may change.

BAC stock price 10 Day forecast

When the stock market opened, the Buy-Sell strength has turned into a strengthened selling flow and it's about to begin a downward trend as a rebounding trend gradually gives way to increasing limited rises and strong falls in the falling section. but It is likely to change to a rising section within a few days.

It's a timing for profit management and a suitable investing position is 'Buy(Bullish) and Hold' for now. approximately appropriate buying timing is predicted to be today or tomorrow.

The buying date is

Oct 06

 

 

A good price to buy a stock:

$ 31.99

 

 

And appropriate selling timing is predicted to be in 8 days.

The selling date is

Oct 14

to

Oct 17

A good price to sell a stock:

$ 35.54

 

 

(Forecast may change due to changes in the Buy-Sell strength)

Forecast Variability of pretiming

pretiming forecasting is a highly volatile condition. because the Buy-Sell strength has suddenly changed now that linkage of the trend is unstable.

Forecast of Trend Strength % for the next 10 days

% Upward direction:

39%

(Max 100%)

% Downward direction:

-6%

(Min -100%)

Forecast of Upper~Lower price range for the next 10 days

Price:

31.60

~

35.10

% Change:

-1.0%

~

10.0%

Median price between the upper and lower prices

33.35

4.5%

Stock price trend turning timing forecast

=> Approximately In 6 days, In 8 days

Risk & Profit % range forecast

In 1 day:

79%

In 6 days

-11%

In 2 days:

90%

In 7 days

73%

In 3 days:

78%

In 8 days

74%

In 4 days:

25%

In 9 days

-43%

In 5 days:

-2%

In 10 days

-48%

Trend and HIGH ~ LOW % range forecast

In 1 day: Upward Trend

2.0%

0.1%

In 2 days: Upward Trend

2.2%

0.1%

In 3 days: Entering Adjustment Trend

2.2%

0.4%

In 4 days: Entering Adjustment Trend

0.6%

0.1%

In 5 days: Entering Adjustment Trend

1.1%

-0.9%

CLOSE average in case of rising:

 

1.6%

=> HIGH ~ LOW range:

2.3%

~

-0.6%

Daily return rate in case of rising:

 

1.7%

CLOSE average in case of falling:

 

-0.9%

=> HIGH ~ LOW range:

0.7%

~

-1.9%

Daily loss rate in case of falling:

 

-1.4%

The gap between return and loss:

 

0.3%

Stock forecast is based on the buy-sell strength analysis of pretiming. Get detailed information including best stocks to buy, stock price target and investment strategy, Bearish & Bullish stock trend analysis, stock technical analysis.