US stock / ETF

Bank of America Corporation

BAC · NYSE · USD

1 dayBearish91%
Daily Downside probability 91%Bearish

BAC 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $52.67 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 30.0, MACD 0.112

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $1.12 (2.21%)

Daily

EMA Structure

Bearish
EMA 8$51.07Bearish
EMA 21$52.67Bearish
EMA 50$55.43Bearish

Signals

CategoryReadStrength
Momentum
RSI 30.0 · MACD 0.112

Momentum is weak

Strength
Bearish
Volatility
ATR $1.12 · BB 11.53%

Medium volatility

Strength
Range
Volume
MFI 36.8 · OBV -10.76%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$49.26 - $63.83

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+27.96% · 12.6 ATR above latest close

$64.95
Nearest resistance

+25.75% · 11.6 ATR above · 34-bar high

$63.83
Current price

Price shown is delayed

$50.76
Nearest support

-2.96% · 1.3 ATR below · 34-bar low

$49.26
Deeper support zone

-5.18% · 2.3 ATR below latest close

$48.13
ATR zone

Latest close ± ATR14

$49.64 - $51.88

Indicators

Trend

Dow Theory Structure

Confirmation $52.64, invalidation $50.01

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

Trend strength is active

53.5 / 16.0 / 44.3Bearish
Supertrend (10,3)

Price is above Supertrend

$48.3Bullish
Ichimoku Cloud

Cloud Span A / Span B

$52.16 / $57.02Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Volatility

ATR (14)

Medium volatility

$1.12 (2.21%)Range
Bollinger Bands (20,2)

Width 11.53%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$54.18 / $50.9Range
ATR channel lower / upper

Current Volatility Envelope

$49.64 / $51.88Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$63.83Range
Support

Nearest Downside Decision Level

$49.26Range

Momentum

RSI (14)

Momentum is weak

30.0Bearish
MACD (12,26,9)

Histogram is positive

0.112Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.5 / 27.3Bearish
Williams %R (14)

Neutral zone

-73.5Range
CCI (20)

Balanced zone

-70.2Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

36.8Bearish
OBV slope

20-period OBV slope

-10.76%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Trend

Dow Theory Structure

Confirmation $52.64, invalidation $50.01

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

Trend strength is active

53.5 / 16.0 / 44.3Bearish
Supertrend (10,3)

Price is above Supertrend

$48.3Bullish
Ichimoku Cloud

Cloud Span A / Span B

$52.16 / $57.02Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Momentum

RSI (14)

Momentum is weak

30.0Bearish
MACD (12,26,9)

Histogram is positive

0.112Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.5 / 27.3Bearish
Williams %R (14)

Neutral zone

-73.5Range
CCI (20)

Balanced zone

-70.2Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Medium volatility

$1.12 (2.21%)Range
Bollinger Bands (20,2)

Width 11.53%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$54.18 / $50.9Range
ATR channel lower / upper

Current Volatility Envelope

$49.64 / $51.88Range

Volume / Money Flow

MFI (14)

Money flow is weak

36.8Bearish
OBV slope

20-period OBV slope

-10.76%Bearish
Volume ratio

Relative to 20-period average volume

0.03xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$63.83Range
Support

Nearest Downside Decision Level

$49.26Range

Related Forecasts