US stock / ETF

Bank of America Corporation

BAC · NYSE · USD

1 dayBearish88%
Daily Downside probability 88%Bearish

BAC 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $56.34 and stabilize above resistance $63.83.

Invalidation Trigger

Break above $63.83 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 22.9, MACD -0.167

Daily
Volatility EnvironmentRange
Low volatility

ATR is $0.9376 (1.75%)

Daily

EMA Structure

Bearish
EMA 8$54.25Bearish
EMA 21$56.34Bearish
EMA 50$58.32Bearish

Signals

CategoryReadStrength
Momentum
RSI 22.9 · MACD -0.167

Momentum is weak

Strength
Bearish
Volatility
ATR $0.9376 · BB 18.95%

Low volatility

Strength
Range
Volume
MFI 34.7 · OBV -26.54%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$52.89 - $63.83

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+21.02% · 12.0 ATR above latest close

$64.77
Nearest resistance

+19.26% · 11.0 ATR above · 34-bar high

$63.83
Current price

Price shown is delayed

$53.52
Nearest support

-1.18% · 0.7 ATR below · 34-bar low

$52.89
Deeper support zone

-2.93% · 1.7 ATR below latest close

$51.95
ATR zone

Latest close ± ATR14

$52.58 - $54.46

Indicators

Trend

Dow Theory Structure

Confirmation $52.89, invalidation $54.46

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

79.3 / 5.5 / 49.4Bearish
Supertrend (10,3)

Price is above Supertrend

$50.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.54 / $59.05Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Volatility

ATR (14)

Low volatility

$0.9376 (1.75%)Range
Bollinger Bands (20,2)

Width 18.95%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$58.05 / $54.36Range
ATR channel lower / upper

Current Volatility Envelope

$52.58 / $54.46Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$63.83Range
Support

Nearest Downside Decision Level

$52.89Range

Momentum

RSI (14)

Momentum is weak

22.9Bearish
MACD (12,26,9)

Histogram is negative

-0.167Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.0 / 15.0Bearish
Williams %R (14)

Oversold zone

-88.0Bullish
CCI (20)

Balanced zone

-99.1Range
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

34.7Bearish
OBV slope

20-period OBV slope

-26.54%Bearish
Volume ratio

Relative to 20-period average volume

1.01xRange

Trend

Dow Theory Structure

Confirmation $52.89, invalidation $54.46

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

79.3 / 5.5 / 49.4Bearish
Supertrend (10,3)

Price is above Supertrend

$50.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.54 / $59.05Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Momentum

RSI (14)

Momentum is weak

22.9Bearish
MACD (12,26,9)

Histogram is negative

-0.167Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.0 / 15.0Bearish
Williams %R (14)

Oversold zone

-88.0Bullish
CCI (20)

Balanced zone

-99.1Range
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

Low volatility

$0.9376 (1.75%)Range
Bollinger Bands (20,2)

Width 18.95%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$58.05 / $54.36Range
ATR channel lower / upper

Current Volatility Envelope

$52.58 / $54.46Range

Volume / Money Flow

MFI (14)

Money flow is weak

34.7Bearish
OBV slope

20-period OBV slope

-26.54%Bearish
Volume ratio

Relative to 20-period average volume

1.01xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$63.83Range
Support

Nearest Downside Decision Level

$52.89Range

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