US stock / ETF

Bank of America Corporation

BAC · NYSE · USD

1 dayBullish92%
Daily Upside probability 92%Bullish

BAC 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $49.31 and reclaim $59.2.

Invalidation Trigger

Lose $49.31 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 70.4, MACD 0.180

Daily
Volatility EnvironmentRange
Low volatility

ATR is $1.15 (1.99%)

Daily

EMA Structure

Bullish
EMA 8$57.32Bullish
EMA 21$55.71Bullish
EMA 50$53.91Bullish

Signals

CategoryReadStrength
Momentum
RSI 70.4 · MACD 0.180

Momentum is strong

Strength
Bullish
Volatility
ATR $1.15 · BB 14.39%

Low volatility

Strength
Range
Volume
MFI 81.4 · OBV 44.21%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$49.31 - $59.2

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.39% · 2.2 ATR above latest close

$60.35
Nearest resistance

+2.4% · 1.2 ATR above · 34-bar high

$59.2
Current price

Price shown is delayed

$57.81
Nearest support

-14.71% · 7.4 ATR below · 34-bar low

$49.31
Deeper support zone

-16.7% · 8.4 ATR below latest close

$48.15
ATR zone

Latest close ± ATR14

$56.66 - $58.96

Indicators

Trend

Dow Theory Structure

Confirmation $59.2, invalidation $56.04

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

72.3 / 36.1 / 5.6Bullish
Supertrend (10,3)

Price is above Supertrend

$54.52Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.26 / $54.25Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Volatility

ATR (14)

Low volatility

$1.15 (1.99%)Range
Bollinger Bands (20,2)

Width 14.39%

79%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.15 / $53.46Range
ATR channel lower / upper

Current Volatility Envelope

$56.66 / $58.96Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$59.2Range
Support

Nearest Downside Decision Level

$49.31Range

Momentum

RSI (14)

Momentum is strong

70.4Bullish
MACD (12,26,9)

Histogram is positive

0.180Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.0 / 77.6Bearish
Williams %R (14)

Neutral zone

-25.0Range
CCI (20)

Balanced zone

88.6Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

81.4Bullish
OBV slope

20-period OBV slope

44.21%Bullish
Volume ratio

Relative to 20-period average volume

1.10xBullish

Trend

Dow Theory Structure

Confirmation $59.2, invalidation $56.04

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

72.3 / 36.1 / 5.6Bullish
Supertrend (10,3)

Price is above Supertrend

$54.52Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.26 / $54.25Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Momentum

RSI (14)

Momentum is strong

70.4Bullish
MACD (12,26,9)

Histogram is positive

0.180Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.0 / 77.6Bearish
Williams %R (14)

Neutral zone

-25.0Range
CCI (20)

Balanced zone

88.6Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$1.15 (1.99%)Range
Bollinger Bands (20,2)

Width 14.39%

79%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.15 / $53.46Range
ATR channel lower / upper

Current Volatility Envelope

$56.66 / $58.96Range

Volume / Money Flow

MFI (14)

Money flow is strong

81.4Bullish
OBV slope

20-period OBV slope

44.21%Bullish
Volume ratio

Relative to 20-period average volume

1.10xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$59.2Range
Support

Nearest Downside Decision Level

$49.31Range

Related Forecasts