US stock / ETF

Bank of America Corporation

BAC · NYSE · USD

1 hourBearish70%
1h Downside probability 70%Bearish

BAC 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $61.4 and stabilize above resistance $62.

Invalidation Trigger

Break above $62 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 47.4, MACD -0.063

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3452 (0.56%)

1h

EMA Structure

Range
EMA 8$61.31Bearish
EMA 21$61.4Bearish
EMA 50$61.19Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.4 · MACD -0.063

Neutral zone

Strength
Bearish
Volatility
ATR $0.3452 · BB 1.59%

Low volatility

Strength
Bullish
Volume
MFI 51.5 · OBV -27.59%

Relative to 20-period average volume

Strength
Range
Price Levels
$60.66 - $62

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+1.79% · 3.2 ATR above latest close

$62.35
Nearest resistance

+1.22% · 2.2 ATR above · 34-bar high

$62
Current price

Price shown is delayed

$61.25
Nearest support

-0.96% · 1.7 ATR below · 34-bar low

$60.66
Deeper support zone

-1.53% · 2.7 ATR below latest close

$60.31
ATR zone

Latest close ± ATR14

$60.9 - $61.6

Indicators

Trend

Dow Theory Structure

Confirmation $60.66, invalidation $61.94

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

Trend strength is active

26.7 / 17.0 / 39.4Bearish
Supertrend (10,3)

Price is above Supertrend

$60.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.32 / $60.99Bearish
Donchian Channel (20)

20-period breakout channel position

46%Range

Volatility

ATR (14)

Low volatility

$0.3452 (0.56%)Bullish
Bollinger Bands (20,2)

Width 1.59%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$62.21 / $60.6Bullish
ATR channel lower / upper

Current Volatility Envelope

$60.9 / $61.6Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$62Range
Support

Nearest Downside Decision Level

$60.66Range

Momentum

RSI (14)

Neutral zone

47.4Range
MACD (12,26,9)

Histogram is negative

-0.063Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.1 / 34.8Bullish
Williams %R (14)

Neutral zone

-53.9Range
CCI (20)

Balanced zone

-93.2Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.5Range
OBV slope

20-period OBV slope

-27.59%Bearish
Volume ratio

Relative to 20-period average volume

4.84xBullish

Trend

Dow Theory Structure

Confirmation $60.66, invalidation $61.94

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

Trend strength is active

26.7 / 17.0 / 39.4Bearish
Supertrend (10,3)

Price is above Supertrend

$60.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.32 / $60.99Bearish
Donchian Channel (20)

20-period breakout channel position

46%Range

Momentum

RSI (14)

Neutral zone

47.4Range
MACD (12,26,9)

Histogram is negative

-0.063Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.1 / 34.8Bullish
Williams %R (14)

Neutral zone

-53.9Range
CCI (20)

Balanced zone

-93.2Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$0.3452 (0.56%)Bullish
Bollinger Bands (20,2)

Width 1.59%

29%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$62.21 / $60.6Bullish
ATR channel lower / upper

Current Volatility Envelope

$60.9 / $61.6Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.5Range
OBV slope

20-period OBV slope

-27.59%Bearish
Volume ratio

Relative to 20-period average volume

4.84xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$62Range
Support

Nearest Downside Decision Level

$60.66Range

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Bank of America Corporation (BAC) 1 hour chart technical analysis & forecast