US stock / ETF

Bank of America Corporation

BAC · NYSE · USD

1 dayBearish84%
Daily Downside probability 84%Bearish

BAC 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $62.34 and stabilize above resistance $65.2.

Invalidation Trigger

Break above $65.2 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 42.9, MACD -0.454

Daily
Volatility EnvironmentRange
Low volatility

ATR is $0.9604 (1.57%)

Daily

EMA Structure

Range
EMA 8$62.06Bearish
EMA 21$62.34Bearish
EMA 50$60.72Bullish

Signals

CategoryReadStrength
Momentum
RSI 42.9 · MACD -0.454

Momentum is weak

Strength
Bearish
Volatility
ATR $0.9604 · BB 7.03%

Low volatility

Strength
Range
Volume
MFI 22.0 · OBV -11.46%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$58.67 - $65.2

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+8.16% · 5.2 ATR above latest close

$66.16
Nearest resistance

+6.59% · 4.2 ATR above · 34-bar high

$65.2
Current price

Price shown is delayed

$61.17
Nearest support

-4.09% · 2.6 ATR below · 34-bar low

$58.67
Deeper support zone

-5.66% · 3.6 ATR below latest close

$57.71
ATR zone

Latest close ± ATR14

$60.21 - $62.13

Indicators

Trend

Dow Theory Structure

Confirmation $62.75, invalidation $62.39

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

27.0 / 20.2 / 27.4Bearish
Supertrend (10,3)

Price is above Supertrend

$58.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$62.91 / $60.62Bearish
Donchian Channel (20)

20-period breakout channel position

2%Range

Volatility

ATR (14)

Low volatility

$0.9604 (1.57%)Range
Bollinger Bands (20,2)

Width 7.03%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$64.27 / $60.46Range
ATR channel lower / upper

Current Volatility Envelope

$60.21 / $62.13Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$65.2Range
Support

Nearest Downside Decision Level

$58.67Range

Momentum

RSI (14)

Momentum is weak

42.9Bearish
MACD (12,26,9)

Histogram is negative

-0.454Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.7 / 8.2Bearish
Williams %R (14)

Oversold zone

-98.3Bullish
CCI (20)

Weak expansion

-123.7Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

22.0Bearish
OBV slope

20-period OBV slope

-11.46%Bearish
Volume ratio

Relative to 20-period average volume

2.25xBullish

Trend

Dow Theory Structure

Confirmation $62.75, invalidation $62.39

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

27.0 / 20.2 / 27.4Bearish
Supertrend (10,3)

Price is above Supertrend

$58.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$62.91 / $60.62Bearish
Donchian Channel (20)

20-period breakout channel position

2%Range

Momentum

RSI (14)

Momentum is weak

42.9Bearish
MACD (12,26,9)

Histogram is negative

-0.454Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.7 / 8.2Bearish
Williams %R (14)

Oversold zone

-98.3Bullish
CCI (20)

Weak expansion

-123.7Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.9604 (1.57%)Range
Bollinger Bands (20,2)

Width 7.03%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$64.27 / $60.46Range
ATR channel lower / upper

Current Volatility Envelope

$60.21 / $62.13Range

Volume / Money Flow

MFI (14)

Money flow is weak

22.0Bearish
OBV slope

20-period OBV slope

-11.46%Bearish
Volume ratio

Relative to 20-period average volume

2.25xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$65.2Range
Support

Nearest Downside Decision Level

$58.67Range

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