US stock / ETF

Bank of America Corporation

BAC · NYSE · USD

1 hourBearish73%
1h Downside probability 73%Bearish

BAC 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $53.67 and stabilize above resistance $54.48.

Invalidation Trigger

Break above $54.48 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 44.1, MACD -0.024

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2671 (0.5%)

1h

EMA Structure

Bearish
EMA 8$53.47Bullish
EMA 21$53.67Bearish
EMA 50$53.89Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.1 · MACD -0.024

Momentum is weak

Strength
Bearish
Volatility
ATR $0.2671 · BB 2.75%

Low volatility

Strength
Bullish
Volume
MFI 72.6 · OBV 12.30%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$52.91 - $54.48

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.32% · 4.7 ATR above latest close

$54.75
Nearest resistance

+1.82% · 3.7 ATR above · 34-bar high

$54.48
Current price

Price shown is delayed

$53.5
Nearest support

-1.11% · 2.2 ATR below · 34-bar low

$52.91
Deeper support zone

-1.61% · 3.2 ATR below latest close

$52.64
ATR zone

Latest close ± ATR14

$53.24 - $53.77

Indicators

Trend

Dow Theory Structure

Confirmation $52.91, invalidation $53.66

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

Trend strength is active

63.2 / 13.6 / 38.6Bearish
Supertrend (10,3)

Price is above Supertrend

$52.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$53.5 / $53.69Bearish
Donchian Channel (20)

20-period breakout channel position

45%Range

Volatility

ATR (14)

Low volatility

$0.2671 (0.5%)Bullish
Bollinger Bands (20,2)

Width 2.75%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$54.29 / $53.03Bullish
ATR channel lower / upper

Current Volatility Envelope

$53.24 / $53.77Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$54.48Range
Support

Nearest Downside Decision Level

$52.91Range

Momentum

RSI (14)

Momentum is weak

44.1Bearish
MACD (12,26,9)

Histogram is negative

-0.024Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.7 / 38.7Bullish
Williams %R (14)

Neutral zone

-54.3Range
CCI (20)

Balanced zone

-36.9Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

72.6Bullish
OBV slope

20-period OBV slope

12.30%Bullish
Volume ratio

Relative to 20-period average volume

4.49xBullish

Trend

Dow Theory Structure

Confirmation $52.91, invalidation $53.66

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

Trend strength is active

63.2 / 13.6 / 38.6Bearish
Supertrend (10,3)

Price is above Supertrend

$52.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$53.5 / $53.69Bearish
Donchian Channel (20)

20-period breakout channel position

45%Range

Momentum

RSI (14)

Momentum is weak

44.1Bearish
MACD (12,26,9)

Histogram is negative

-0.024Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.7 / 38.7Bullish
Williams %R (14)

Neutral zone

-54.3Range
CCI (20)

Balanced zone

-36.9Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Low volatility

$0.2671 (0.5%)Bullish
Bollinger Bands (20,2)

Width 2.75%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$54.29 / $53.03Bullish
ATR channel lower / upper

Current Volatility Envelope

$53.24 / $53.77Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

72.6Bullish
OBV slope

20-period OBV slope

12.30%Bullish
Volume ratio

Relative to 20-period average volume

4.49xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$54.48Range
Support

Nearest Downside Decision Level

$52.91Range

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