Where Can I Find Live Prices and Charts for Bank of America?
The following CFD trading chart provides users with a helpful view of the Bank of America market.
The Plus500 chart that we use above usually tracks the Bank of America futures price.
If you'd like access to live spread trading charts and the current pricing for Bank of America, an option is to use a spread betting account.
A spreads account would also let you speculate on short term daily markets. Readers should note that opening an account is subject to suitability and status checks.
Should your new account be approved then you can log on to study the real-time trading charts and prices. On most platforms, these will be provided for free. Having said that, you'll probably get the odd sales email and/or call from your chosen financial spread betting firm.
Of course, if you do decide to trade then, before you start, you should note that contracts for difference and financial spread betting involve a high level of risk to your capital and can result in you losing more than your initial deposit.
For more details, see Advanced Bank of America Trading Charts below.
Bank of America Analysis & News
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Advanced Charts for Bank of America Shares |
Even though the charts differ between platforms, in order to help your analysis, they generally come with handy tools, including:
- A host of different intervals e.g. 1 minute, 1 hour, 1 day and so on
- A variety of chart views e.g. OHLC charts and candlestick charts
- Tools for drawing and adding features e.g. trendlines, Fibonacci fans, arcs and time zones
The charts offered by Capital Spreads also offer more advanced aspects such as:
- Back Testing, Custom Indicators and Optimisation tools
- Useful technical overlays e.g. Bollinger Bands, EMA, Price Channels and so on
- Technical charts e.g. Momentum Percentage, Williams %R, % Price Oscillator and so on
- Custom alerts for when your chosen market hits a given level
Example chart
The financial spread betting brokers in the following list offer clients live trading prices/charts:
Advert:
Bank of America Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Bank of America with
Financial Spreads.
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Where Can I Spread Bet on Bank of America for Free? |
Speculating is never risk free. Nevertheless, if you would like to open a (free) Practice Account, that allows you to try out spread trading and access professional level charts, then see below for further details.
Furthermore, don't forget that financial spread betting in the UK is currently tax free*, i.e. it is exempt from income tax, stamp duty and capital gains tax.
If you're looking for a low cost spread betting website, you should keep in mind that investors can take a view on Bank of America with zero commissions and no brokers' fees through firms like:
If you want a (free) Test Account / Practice Account where you can try out spread betting, and markets such as Bank of America, then look at:
All of the above spread trading companies currently offer a risk free Test Account which lets investors test theories, practice with a variety of trading orders and review charts.
How to Spread Bet on Bank of America? |
If an investor wants to speculate on companies such as Bank of America then one possibility could be to spread trade on the Bank of America share price.
Logging into FinancialSpreads, we can see that they are pricing the Bank of America Rolling Daily market at $11.89 - $11.92. This means an investor could spread bet on the Bank of America shares:
 Going higher than $11.92, or
 Going lower than $11.89
When financial spread trading on S&P 500 equities you trade in £x per cent. Therefore, if you invested £3 per cent and the Bank of America share price moves $0.23 then that would make a difference to your P&L of £69. £3 per cent x $0.23 = £69.
Note that you are also able to invest in this market in Dollars or Euros, e.g. €x per cent.
Rolling Daily Shares Markets
One thing to note is that this is a Rolling Daily Market which means that it does not have a closing date. If your trade is still open at the end of the trading day, it just rolls over to the next day.
If your position is rolled over and you are speculating that the market will:
Go up - then you are charged a small overnight financing fee, or
Go down - then you'll often receive a small payment to your account
To see a fully worked example read Rolling Daily Spread Betting.
Bank of America Rolling Daily - US Equities Spread Betting Example |
So, if you take the spread of $11.89 - $11.92 and make the assumptions that:
- You've done your market analysis, and
- You think the Bank of America share price is likely to move above $11.92
Then you might choose to go long of the market at $11.92 for a stake of, for the sake of argument, £5 per cent.
With such a spread bet you make a profit of £5 for every cent that the Bank of America shares push higher than $11.92. Nevertheless, you will lose £5 for every cent that the Bank of America market decreases below $11.92.
Looked at another way, if you buy a spread bet then your P&L is calculated by taking the difference between the settlement price of the market and the price you bought the market at. You then multiply that price difference by your stake.
As a result, if after a few hours the share price started to increase then you might think about closing your spread bet and therefore lock in your profits.
As an example, if the market increased then the spread could change to $12.12 - $12.15. You would close your spread bet by selling at $12.12. So, with the same £5 stake your profit would be calculated as:
Profits (or losses) = (Closing Level - Initial Level) x stake
Profits (or losses) = ($12.12 - $11.92) x £5 per cent stake
Profits (or losses) = $0.20 x £5 per cent stake
Profits (or losses) = 20¢ x £5 per cent stake
Profits (or losses) = £100 profit
Speculating on equities, whether by spread betting or otherwise, is not always simple. In this example, you had bet that the share price would go up. Naturally, the share price could go down.
If the Bank of America stock decreased, contrary to your expectations, then you could close your spread bet to stop any further losses.
If the spread dropped to $11.74 - $11.77 then this means you would sell back your position at $11.74. As a result, your loss would be:
Profits (or losses) = (Closing Level - Initial Level) x stake
Profits (or losses) = ($11.74 - $11.92) x £5 per cent stake
Profits (or losses) = -$0.18 x £5 per cent stake
Profits (or losses) = -18¢ x £5 per cent stake
Profits (or losses) = -£90 loss
Note - Bank of America Rolling Daily spread betting market accurate as of 06-Feb-13.
Advert:
Bank of America Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Bank of America with
Financial Spreads.
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'Bank of America Spread Betting' edited by Jacob Wood, updated 03-Oct-17
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Bank of America Spread Betting
BoA spread betting and share trading guide with daily updates on the bank and a real-time BAC stock chart & live prices. Where spread bet on Bank of America commission-free and... » read from top.
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The US equity is trading above the 20-DMA of $25.02 and above the 50-DMA of $24.40.
52 Week Low: 
