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Vitalii Liubimov's Avatar
published in Blogs
Sep 13, 2023

Major banks, including $BAC, $TD, $RY, $C, $BMO, and $BCS, have incurred losses of up to 20% over the past year.

Even as the largest banks have experienced up to a 20% decline in the past year, our robots continue to generate profits. Subscribe to our robots and receive daily signals: Swing-Trader-Medium-Volatility-Stocks-for-Active-Trading-TA-FA.

Notable companies in the Major Banks industry include JPMorgan Chase & Co (NYSE: JPM), Bank of America Corp (NYSE: BAC), Wells Fargo & Co (NYSE: WFC), HSBC Holdings PLC (NYSE: HSBC), Citigroup (NYSE: C), and Barclays PLC (NYSE: BCS).

This industry comprises major global banks with extensive services spanning deposits, investment banking, wealth management, and insurance. Leading banks like J.P. Morgan, Bank of America, Wells Fargo, and Citigroup have competitive advantages in terms of brand recognition and efficiency.

The average market capitalization in this industry is approximately $79.8 billion, with JPMorgan Chase & Co being the largest at $419.8 billion and MSL the smallest at $191.4 million.

In terms of price trends, weekly price growth across all stocks in the Major Banks Industry averaged 0.63%. Monthly growth averaged -1.78%, while quarterly growth averaged 4.85%. Notable price movements include Bank of America (BAC) declining -5.09% recently and Barclays (BCS) experiencing both declines and uptrends.

Average weekly volume growth for Major Banks stocks was 4%, with monthly volume growth at 37.5% and quarterly volume growth at -53.15%.

Fundamental analysis ratings for this industry include:

  • Valuation Rating: 52
  • P/E Growth Rating: 56
  • Price Growth Rating: 50
  • SMR Rating: 11
  • Profit Risk Rating: 73
  • Seasonality Score: -1 (-100 ... +100)
  • BAC: RSI Oscillator left oversold territory on August 28, 2023, indicating a potential upward trend with an 87% chance of a higher stock price. Current price: $28.96, below $30.80 support. Recent trends: -6% downtrend for the month, +1% uptrend for the week.

  • TD: RSI Oscillator moved out of oversold territory on August 28, 2023, suggesting a possible upward trend with a 62% chance of a higher stock price. Current price: $60.57, trading between $61.34 resistance and $51.94 support. Recent trends: -5% downtrend for the month, -0.10% decline for the week.

  • RY: RSI Oscillator left oversold territory on September 08, 2023, indicating a potential upward trend with a 79% chance of a higher stock price. Current price: $89.41, trading between $92.41 resistance and $69.19 support. Recent trends: -6% downtrend for the month, -0.02% decline for the week.

  • C: Broke its lower Bollinger Band on August 09, 2023, with a 71% chance of continued upward momentum. Current price: $41.68, trading between $49.14 resistance and $24.21 support. Recent trends: -6% downtrend for the month, +0.77% uptrend for the week.

  • BMO: RSI Indicator left oversold territory on August 28, 2023, suggesting a possible upward trend with a 63% chance of a higher stock price. Current price: $85.75, trading between $88.29 resistance and $75.10 support. Recent trends: -3% downtrend for the month, +0.54% uptrend for the week.

  • BCS: 50-day Moving Average crossed below the 200-day Moving Average on August 24, 2023, indicating a potential long-term bearish trend. Current price: $7.74, trading between $7.78 support and $5.42 support. Recent trends: +3% uptrend for the month, +3% uptrend for the week.

 

 

Related Ticker: BAC, TD, RY, C, BMO, BCS

BAC's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for BAC turned positive on June 23, 2025. Looking at past instances where BAC's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 18, 2025. You may want to consider a long position or call options on BAC as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The 50-day moving average for BAC moved above the 200-day moving average on June 27, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BAC advanced for three days, in of 333 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 290 cases where BAC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BAC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

BAC broke above its upper Bollinger Band on June 26, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. BAC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 31, placing this stock slightly worse than average.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.125) is normal, around the industry mean (0.958). P/E Ratio (12.182) is within average values for comparable stocks, (8.937). Projected Growth (PEG Ratio) (3.860) is also within normal values, averaging (2.643). BAC has a moderately low Dividend Yield (0.025) as compared to the industry average of (0.053). P/S Ratio (3.075) is also within normal values, averaging (2.460).

Notable companies

The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), HSBC Holdings PLC (NYSE:HSBC), Citigroup (NYSE:C), Barclays PLC (NYSE:BCS).

Industry description

Major banks are among the biggest companies in the world, often times with global reach and market capitalizations in the multi-billions. Large banks often have multiple arms spanning different disciplines, from deposits, to investment banking, to wealth management and insurance. The biggest banks often have key competitive advantages over smaller players in the industry in terms of brand recognition, cost of capital, and efficiency. Think J.P. Morgan, Bank of America, Wells Fargo, and Citigroup.

Market Cap

The average market capitalization across the Major Banks Industry is 89.36B. The market cap for tickers in the group ranges from 191.41M to 573.02B. JPM holds the highest valuation in this group at 573.02B. The lowest valued company is MSL at 191.41M.

High and low price notable news

The average weekly price growth across all stocks in the Major Banks Industry was 2%. For the same Industry, the average monthly price growth was 6%, and the average quarterly price growth was 31%. ANZGF experienced the highest price growth at 20%, while CMWAY experienced the biggest fall at -6%.

Volume

The average weekly volume growth across all stocks in the Major Banks Industry was -29%. For the same stocks of the Industry, the average monthly volume growth was -13% and the average quarterly volume growth was -5%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 45
Price Growth Rating: 45
SMR Rating: 11
Profit Risk Rating: 31
Seasonality Score: 0 (-100 ... +100)
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General Information

a major bank

Industry MajorBanks

Profile
Fundamentals
Details
Industry
Major Banks
Address
1 Place Ville-Marie
Phone
+1 416 842-2000
Employees
91398
Web
https://www.rbc.com