US stock / ETF

Bank of America Corporation

BAC · NYSE · USD

1 dayBullish89%
Daily Upside probability 89%Bullish

BAC 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $56.81 and reclaim $63.97.

Invalidation Trigger

Lose $56.81 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateRange
Momentum mixed

RSI 67.6, MACD -0.067

Daily
Volatility EnvironmentRange
Low volatility

ATR is $0.9575 (1.52%)

Daily

EMA Structure

Bullish
EMA 8$62.63Bullish
EMA 21$61.5Bullish
EMA 50$58.97Bullish

Signals

CategoryReadStrength
Momentum
RSI 67.6 · MACD -0.067

Momentum is strong

Strength
Range
Volatility
ATR $0.9575 · BB 6.01%

Low volatility

Strength
Range
Volume
MFI 61.4 · OBV 24.14%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$56.81 - $63.97

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.78% · 1.8 ATR above latest close

$64.93
Nearest resistance

+1.27% · 0.8 ATR above · 34-bar high

$63.97
Current price

Price shown is delayed

$63.17
Nearest support

-10.07% · 6.6 ATR below · 34-bar low

$56.81
Deeper support zone

-11.58% · 7.6 ATR below latest close

$55.85
ATR zone

Latest close ± ATR14

$62.21 - $64.13

Indicators

Trend

Dow Theory Structure

Confirmation $62.7, invalidation $60.91

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

Trend strength is moderate

16.4 / 26.9 / 21.9Bullish
Supertrend (10,3)

Price is above Supertrend

$60.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.7 / $57.29Bullish
Donchian Channel (20)

20-period breakout channel position

85%Bullish

Volatility

ATR (14)

Low volatility

$0.9575 (1.52%)Range
Bollinger Bands (20,2)

Width 6.01%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$63.45 / $59.74Range
ATR channel lower / upper

Current Volatility Envelope

$62.21 / $64.13Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$63.97Range
Support

Nearest Downside Decision Level

$56.81Range

Momentum

RSI (14)

Momentum is strong

67.6Bullish
MACD (12,26,9)

Histogram is negative

-0.067Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

79.5 / 81.9Bearish
Williams %R (14)

Neutral zone

-20.5Range
CCI (20)

Strong expansion

105.5Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

61.4Bullish
OBV slope

20-period OBV slope

24.14%Bullish
Volume ratio

Relative to 20-period average volume

0.45xBearish

Trend

Dow Theory Structure

Confirmation $62.7, invalidation $60.91

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

Trend strength is moderate

16.4 / 26.9 / 21.9Bullish
Supertrend (10,3)

Price is above Supertrend

$60.02Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.7 / $57.29Bullish
Donchian Channel (20)

20-period breakout channel position

85%Bullish

Momentum

RSI (14)

Momentum is strong

67.6Bullish
MACD (12,26,9)

Histogram is negative

-0.067Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

79.5 / 81.9Bearish
Williams %R (14)

Neutral zone

-20.5Range
CCI (20)

Strong expansion

105.5Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$0.9575 (1.52%)Range
Bollinger Bands (20,2)

Width 6.01%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$63.45 / $59.74Range
ATR channel lower / upper

Current Volatility Envelope

$62.21 / $64.13Range

Volume / Money Flow

MFI (14)

Money flow is strong

61.4Bullish
OBV slope

20-period OBV slope

24.14%Bullish
Volume ratio

Relative to 20-period average volume

0.45xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$63.97Range
Support

Nearest Downside Decision Level

$56.81Range

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