US stock / ETF

Bank of America Corporation

BAC · NYSE · USD

1 hourBearish79%
1h Downside probability 79%Bearish

BAC 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $61.79 and stabilize above resistance $62.69.

Invalidation Trigger

Break above $62.69 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 32.9, MACD -0.054

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2563 (0.42%)

1h

EMA Structure

Bearish
EMA 8$61.51Bearish
EMA 21$61.79Bearish
EMA 50$62.06Bearish

Signals

CategoryReadStrength
Momentum
RSI 32.9 · MACD -0.054

Momentum is weak

Strength
Bearish
Volatility
ATR $0.2563 · BB 2.40%

Low volatility

Strength
Bullish
Volume
MFI 66.5 · OBV 5.61%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$61.17 - $62.69

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+2.67% · 6.4 ATR above latest close

$62.95
Nearest resistance

+2.25% · 5.4 ATR above · 34-bar high

$62.69
Current price

Price shown is delayed

$61.31
Nearest support

-0.23% · 0.5 ATR below · 34-bar low

$61.17
Deeper support zone

-0.65% · 1.5 ATR below latest close

$60.91
ATR zone

Latest close ± ATR14

$61.05 - $61.57

Indicators

Trend

Dow Theory Structure

Confirmation $61.17, invalidation $61.78

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

Trend strength is active

46.2 / 7.2 / 38.6Bearish
Supertrend (10,3)

Price is above Supertrend

$60.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.75 / $61.96Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Volatility

ATR (14)

Low volatility

$0.2563 (0.42%)Bullish
Bollinger Bands (20,2)

Width 2.40%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$62.37 / $61.17Bullish
ATR channel lower / upper

Current Volatility Envelope

$61.05 / $61.57Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$62.69Range
Support

Nearest Downside Decision Level

$61.17Range

Momentum

RSI (14)

Momentum is weak

32.9Bearish
MACD (12,26,9)

Histogram is negative

-0.054Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.3 / 15.2Bearish
Williams %R (14)

Oversold zone

-87.7Bullish
CCI (20)

Weak expansion

-124.9Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

66.5Bullish
OBV slope

20-period OBV slope

5.61%Bullish
Volume ratio

Relative to 20-period average volume

8.84xBullish

Trend

Dow Theory Structure

Confirmation $61.17, invalidation $61.78

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

Trend strength is active

46.2 / 7.2 / 38.6Bearish
Supertrend (10,3)

Price is above Supertrend

$60.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.75 / $61.96Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Momentum

RSI (14)

Momentum is weak

32.9Bearish
MACD (12,26,9)

Histogram is negative

-0.054Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.3 / 15.2Bearish
Williams %R (14)

Oversold zone

-87.7Bullish
CCI (20)

Weak expansion

-124.9Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.2563 (0.42%)Bullish
Bollinger Bands (20,2)

Width 2.40%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$62.37 / $61.17Bullish
ATR channel lower / upper

Current Volatility Envelope

$61.05 / $61.57Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

66.5Bullish
OBV slope

20-period OBV slope

5.61%Bullish
Volume ratio

Relative to 20-period average volume

8.84xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$62.69Range
Support

Nearest Downside Decision Level

$61.17Range

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