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As Markets Hit Highs, a Technical Look at Bank of America, Six Others Set to Report

Let's take a look at the stock profiles:

Bank of America ($15.57) has been trading back and forth around its 200-day simple moving average since April 28, and followed Citigroup (C) higher on Monday after Citigroup reported earnings that topped analysts' estimates.

Bank of America also failed below its 200-day SMA, which is now at $15.68.

Analysts expect the bank to report earnings per share of 29 cents before the opening bell on Wednesday.

The weekly chart is positive with its five-week modified moving average at $15.51. Semiannual value levels lag at $10.16 and $9.11, respectively, with weekly and monthly risky levels at $16.37 and $18.04, respectively.

CSX ($31.03) traded at an all-time intraday high at $31.22 on July 3, and is above all five moving averages in the first table. Analysts expect the railroad company to report EPS of 52 cents after the closing bell Tuesday. The company's 12-month trailing price-to-earnings ratio is 17.2 with a dividend yield of 2.1%.

The weekly chart is positive but overbought with its five-week MMA at $30.47. Semiannual and quarterly value levels are $30.05 and $29.56, respectively, with a semiannual risky level at $32.95.

Intel ($31.49) traded at a multiyear intraday high at $31.57 on Monday and is above all five moving averages in the first table. Analysts expect the semiconductor giant to report EPS of 52 cents after the closing bell today. The company's 12-month trailing P/E ratio is 15.7 with a dividend yield of 2.9%.

The weekly chart is positive but overbought with its five-week MMA at $29.87. Semiannual and monthly value levels are $29.79 and $28.06, respectively, with a weekly risky level at $33.02.

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