US stock / ETF

Bank of America Corporation

BAC · NYSE · USD

1 dayBearish69%
Daily Downside probability 69%Bearish

BAC 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $61.5 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 28.3, MACD -0.565

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $1.4 (2.41%)

Daily

EMA Structure

Range
EMA 8$60.34Bearish
EMA 21$61.5Bearish
EMA 50$61.03Bearish

Signals

CategoryReadStrength
Momentum
RSI 28.3 · MACD -0.565

Momentum is weak

Strength
Bearish
Volatility
ATR $1.4 · BB 9.34%

Medium volatility

Strength
Range
Volume
MFI 50.5 · OBV -29.87%

Relative to 20-period average volume

Strength
Range
Price Levels
$56.46 - $65.2

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+14.61% · 6.1 ATR above latest close

$66.6
Nearest resistance

+12.2% · 5.1 ATR above · 34-bar high

$65.2
Current price

Price shown is delayed

$58.11
Nearest support

-2.84% · 1.2 ATR below · 34-bar low

$56.46
Deeper support zone

-5.25% · 2.2 ATR below latest close

$55.06
ATR zone

Latest close ± ATR14

$56.71 - $59.51

Indicators

Trend

Dow Theory Structure

Confirmation $63.83, invalidation $61.43

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

Trend strength is moderate

20.9 / 13.3 / 36.3Bearish
Supertrend (10,3)

Price is above Supertrend

$52.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$60.49 / $60.83Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Volatility

ATR (14)

Medium volatility

$1.4 (2.41%)Range
Bollinger Bands (20,2)

Width 9.34%

-13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$64.5 / $58.44Range
ATR channel lower / upper

Current Volatility Envelope

$56.71 / $59.51Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$65.2Range
Support

Nearest Downside Decision Level

$56.46Range

Momentum

RSI (14)

Momentum is weak

28.3Bearish
MACD (12,26,9)

Histogram is negative

-0.565Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.4 / 16.0Bullish
Williams %R (14)

Neutral zone

-77.6Range
CCI (20)

Weak expansion

-263.2Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.5Range
OBV slope

20-period OBV slope

-29.87%Bearish
Volume ratio

Relative to 20-period average volume

0.73xBearish

Trend

Dow Theory Structure

Confirmation $63.83, invalidation $61.43

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

Trend strength is moderate

20.9 / 13.3 / 36.3Bearish
Supertrend (10,3)

Price is above Supertrend

$52.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$60.49 / $60.83Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Momentum

RSI (14)

Momentum is weak

28.3Bearish
MACD (12,26,9)

Histogram is negative

-0.565Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.4 / 16.0Bullish
Williams %R (14)

Neutral zone

-77.6Range
CCI (20)

Weak expansion

-263.2Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$1.4 (2.41%)Range
Bollinger Bands (20,2)

Width 9.34%

-13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$64.5 / $58.44Range
ATR channel lower / upper

Current Volatility Envelope

$56.71 / $59.51Range

Volume / Money Flow

MFI (14)

Money flow is neutral

50.5Range
OBV slope

20-period OBV slope

-29.87%Bearish
Volume ratio

Relative to 20-period average volume

0.73xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$65.2Range
Support

Nearest Downside Decision Level

$56.46Range

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