US stock / ETF

Bank of America Corporation

BAC · NYSE · USD

1 hourBearish92%
1h Downside probability 92%Bearish

BAC 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $58.35 and stabilize above resistance $59.85.

Invalidation Trigger

Break above $59.85 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateRange
Momentum mixed

RSI 43.1, MACD 0.080

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3794 (0.65%)

1h

EMA Structure

Bearish
EMA 8$58.21Bearish
EMA 21$58.35Bearish
EMA 50$59.08Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.1 · MACD 0.080

Momentum is weak

Strength
Range
Volatility
ATR $0.3794 · BB 1.89%

Low volatility

Strength
Bullish
Volume
MFI 16.4 · OBV -17.67%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$56.46 - $59.85

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.65% · 5.6 ATR above latest close

$60.23
Nearest resistance

+2.99% · 4.6 ATR above · 34-bar high

$59.85
Current price

Price shown is delayed

$58.11
Nearest support

-2.84% · 4.3 ATR below · 34-bar low

$56.46
Deeper support zone

-3.49% · 5.3 ATR below latest close

$56.08
ATR zone

Latest close ± ATR14

$57.73 - $58.49

Indicators

Trend

Dow Theory Structure

Confirmation $57.42, invalidation $58.47

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

Trend strength is active

55.3 / 18.6 / 46.5Bearish
Supertrend (10,3)

Price is above Supertrend

$57.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$58.04 / $59.36Bearish
Donchian Channel (20)

20-period breakout channel position

74%Range

Volatility

ATR (14)

Low volatility

$0.3794 (0.65%)Bullish
Bollinger Bands (20,2)

Width 1.89%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$58.93 / $57.73Bullish
ATR channel lower / upper

Current Volatility Envelope

$57.73 / $58.49Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$59.85Range
Support

Nearest Downside Decision Level

$56.46Range

Momentum

RSI (14)

Momentum is weak

43.1Bearish
MACD (12,26,9)

Histogram is positive

0.080Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

81.3 / 86.6Bearish
Williams %R (14)

Overbought zone

-18.7Bearish
CCI (20)

Balanced zone

15.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

16.4Bearish
OBV slope

20-period OBV slope

-17.67%Bearish
Volume ratio

Relative to 20-period average volume

4.51xBullish

Trend

Dow Theory Structure

Confirmation $57.42, invalidation $58.47

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

Trend strength is active

55.3 / 18.6 / 46.5Bearish
Supertrend (10,3)

Price is above Supertrend

$57.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$58.04 / $59.36Bearish
Donchian Channel (20)

20-period breakout channel position

74%Range

Momentum

RSI (14)

Momentum is weak

43.1Bearish
MACD (12,26,9)

Histogram is positive

0.080Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

81.3 / 86.6Bearish
Williams %R (14)

Overbought zone

-18.7Bearish
CCI (20)

Balanced zone

15.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$0.3794 (0.65%)Bullish
Bollinger Bands (20,2)

Width 1.89%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$58.93 / $57.73Bullish
ATR channel lower / upper

Current Volatility Envelope

$57.73 / $58.49Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

16.4Bearish
OBV slope

20-period OBV slope

-17.67%Bearish
Volume ratio

Relative to 20-period average volume

4.51xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$59.85Range
Support

Nearest Downside Decision Level

$56.46Range

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