· Earnings watch · BAC
Bank of America Corp (BAC) brings an active weekly trend to July 14 earnings
The report matters because the stock has built momentum ahead of a quarterly profit estimate of $1.11.
Bank of America Corp (BAC) closed at $58.73 in the latest weekly market data, up 1.5% for the week as the scheduled results approached.
The weekly price path over 52 weeks is constructive, with gains of 9.9% over four weeks and 13.2% over twelve weeks. Participation is less forceful: latest volume was 134.9 million shares, 0.79 times the 13-week average.