user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 440618 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Stock Investors Bid Up Shares of Bank of America, Up 1.8%

Published on Tue, 02/12/2013 - 11:21
By Peter Chu

Bank of America (NYSE:BAC), a company whose shares are moving quickly, is trading 1.8% higher to $12.07. The Dow Jones Industrial Average is now trading fractionally higher to 13,994 and the S&P is trading fractionally higher to 1,518.

Potential upside of 1.9% exists for Bank of America, based on a current level of $12.07 and analysts' average consensus price target of $12.31. The stock should discover initial support at its 50-day moving average (MA) of $11.27 and subsequent support at its 200-day MA of $9.02.

In the past 52 weeks, shares of Bank of America have traded between a low of $6.72 and a high of $12.20 and are now at $12.07, which is 80% above that low price. The 200-day and 50-day moving averages have moved 0.60% higher and 1.11% higher over the past week, respectively.

Bank of America Corporation accepts deposits and offers banking, investing, asset management, and other financial and risk-management products and services. The Company has a mortgage lending subsidiary, and an investment banking and securities brokerage subsidiary.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Phillips-Van Heusen Bearish Moving Avera...

Phillips-Van Heusen (NYSE:PVH) shares have crossed bearishly below their 10-day moving ...

Buyers Accumulate Shares of Primoris Ser...

Primoris Services (NASDAQ:PRIM) is one of today's biggest movers, up 1.9% to $29.58. ...

Edwards Lifesciences Bearish Moving Aver...

Edwards Lifesciences (NYSE:EW) crossed under its 10-day moving average of $98.24 on a v ...

Stock Investors Bid Up Shares of China U...

China Unicom Hong Kong (NYSE:CHU) is one of today's notable stocks on the rise, up 1.9% ...

Flowserve Crosses Above its 10-day MA (F...

Today, shares of Flowserve (NYSE:FLS) have advanced above their 10-day MA of $76.06 on ...

Stock Investors Bid Up Shares of Sonic A...

Sonic Automotive (NYSE:SAH) is one of today's notable stocks on the rise, up 1.9% to $2 ...

Akamai Technologies Bullish Moving Avera...

Today, shares of Akamai Technologies (NASDAQ:AKAM) have crossed bullishly above their 1 ...

Stock Investors Bid Up Shares of Tutor P...

One of today's stocks on the move is Tutor Perini (NYSE:TPC), up 1.9% to $30.44. The S ...