Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of BAC-PL will decline by -6.11% over the next 2 Weeks and hit $1,144.57 by Friday, November 24, 2023. In that time frame, BAC-PL's share price is expected to range between $1,128.48 and $1,160.32.
BearishAverageBullishBAC-PL shares fell -0.08% in Friday, August 1, 2025's trading session, dropping from a previous close of $1,220.00 to move at $1,219.01. The stock demonstrated notable intraday movement (see BAC-PL's key stats for a full breakdown), fluctuating between $1,216.99 and $1,221.80, a +0.40% trading range. While recent weeks have seen some volatility, BAC-PL has managed to secure a -0.20% drop over the past 2 weeks. The downward price movement was accompanied by increased trading volume, with approximately 5.98K shares changing hands, 2.51K more than the previous session. This amounted to $7.29M in total market activity.
Will BAC-PL Continue Its Downward Trend?
According to analyst ratings and projections for BAC-PL, Bank of America Corporation shares are anticipated to decrease by -5.04%, potentially reaching $1,160.47 per share by November 24, 2023. Short-term technical indicators currently suggest a neutral sentiment for BAC-PL. For deeper insights, view our sentiment analysis on AAPL covering social and institutional perspectives. However, the stock has recorded 17 positive trading days within the past 30 sessions. Based on the BAC-PL stock forecast, now is not the best time to buy BAC-PL stock because its current trading price is +6.50% above our predicted value, hinting at a possible undervaluation. For deeper insights, view our sentiment analysis on BAC-PL covering social and institutional perspectives.
BAC-PL Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into BAC-PL's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 59.92% to 62.01%) suggest the stock is showing bullish momentum with some volatility. The 50-day RSI, at 54.05%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 51.33%, maintains a neutral outlook for the long term. Insights into BAC-PL's shareholder base show how institutional investors are positioning themselves during these momentum shifts