US stock / ETF

Bank of America Corporation

BAC · NYSE · USD

1 monthBullish64%
Monthly Upside probability 64%Bullish

BAC 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $31.27 and reclaim $65.2.

Invalidation Trigger

Lose $31.27 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 51.5, MACD -0.264

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $5.75 (11.3%)

Monthly

EMA Structure

Bullish
EMA 8$54.77Bearish
EMA 21$51.31Bearish
EMA 50$45.2Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.5 · MACD -0.264

Neutral zone

Strength
Range
Volatility
ATR $5.75 · BB 43.36%

High volatility

Strength
Bearish
Volume
MFI 55.8 · OBV 18.74%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$31.27 - $65.2

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+39.52% · 3.5 ATR above latest close

$70.95
Nearest resistance

+28.22% · 2.5 ATR above · 34-bar high

$65.2
Current price

Price shown is delayed

$50.85
Nearest support

-38.51% · 3.4 ATR below · 34-bar low

$31.27
Deeper support zone

-49.8% · 4.4 ATR below latest close

$25.52
ATR zone

Latest close ± ATR14

$45.1 - $56.6

Indicators

Trend

Dow Theory Structure

Confirmation $65.2, invalidation $46.12

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

Trend strength is active

25.5 / 26.8 / 23.3Bullish
Supertrend (10,3)

Price is above Supertrend

$32.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$52.39 / $45.08Bearish
Donchian Channel (20)

20-period breakout channel position

55%Range

Volatility

ATR (14)

High volatility

$5.75 (11.3%)Bearish
Bollinger Bands (20,2)

Width 43.36%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$64.34 / $38.84Bearish
ATR channel lower / upper

Current Volatility Envelope

$45.1 / $56.6Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$65.2Range
Support

Nearest Downside Decision Level

$31.27Range

Momentum

RSI (14)

Neutral zone

51.5Range
MACD (12,26,9)

Histogram is negative

-0.264Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.8 / 52.5Bearish
Williams %R (14)

Neutral zone

-75.2Range
CCI (20)

Balanced zone

7.6Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

55.8Bullish
OBV slope

20-period OBV slope

18.74%Bullish
Volume ratio

Relative to 20-period average volume

0.87xBearish

Trend

Dow Theory Structure

Confirmation $65.2, invalidation $46.12

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

Trend strength is active

25.5 / 26.8 / 23.3Bullish
Supertrend (10,3)

Price is above Supertrend

$32.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$52.39 / $45.08Bearish
Donchian Channel (20)

20-period breakout channel position

55%Range

Momentum

RSI (14)

Neutral zone

51.5Range
MACD (12,26,9)

Histogram is negative

-0.264Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.8 / 52.5Bearish
Williams %R (14)

Neutral zone

-75.2Range
CCI (20)

Balanced zone

7.6Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$5.75 (11.3%)Bearish
Bollinger Bands (20,2)

Width 43.36%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$64.34 / $38.84Bearish
ATR channel lower / upper

Current Volatility Envelope

$45.1 / $56.6Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

55.8Bullish
OBV slope

20-period OBV slope

18.74%Bullish
Volume ratio

Relative to 20-period average volume

0.87xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$65.2Range
Support

Nearest Downside Decision Level

$31.27Range

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