Bank of America Corp (NYSE: BAC): fell by 2.68% or $-0.34/share to $12.35. In the past year, the shares have traded as low as $6.90 and as high as $13.99. On average, 131501000 shares of BAC exchange hands on a given day and today's volume is recorded at 47817796. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $13.20 represents resistance and the 200-day moving average of $12.10 would be an area of support.
Citigroup Inc (NYSE: C): fell by 2.77% or $-1.3/share to $45.57. In the past year, the shares have traded as low as $24.91 and as high as $53.56. On average, 30334200 shares of C exchange hands on a given day and today's volume is recorded at 16506271. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $50.18 represents resistance and the 200-day moving average of $44.76 would be an area of support.
American Intl. Group Inc (NYSE: AIG): fell by 3.79% or $-1.657/share to $42.03. In the past year, the shares have traded as low as $29.90 and as high as $46.46. On average, 16983100 shares of AIG exchange hands on a given day and today's volume is recorded at 9787516. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $44.81 represents resistance and the 200-day moving average of $39.40 would be an area of support.
JPMorgan Chase & Co. (NYSE: JPM): fell by 2.26% or $-1.1735/share to $50.79. In the past year, the shares have traded as low as $33.10 and as high as $55.90. On average, 23284100 shares of JPM exchange hands on a given day and today's volume is recorded at 9761603. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $52.33 represents resistance and the 200-day moving average of $48.42 would be an area of support.
Wells Fargo & Co (NYSE: WFC): fell by 2.20% or $-0.9/share to $40.06. In the past year, the shares have traded as low as $31.25 and as high as $41.69. On average, 20905100 shares of WFC exchange hands on a given day and today's volume is recorded at 7558948. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $39.93 area where the stock will likely see buying pressure.
