US stock / ETF

Bank of America Corporation

BAC · NYSE · USD

1 weekBullish61%
Weekly Upside probability 61%Bullish

BAC 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $46.12 and reclaim $65.2.

Invalidation Trigger

Lose $46.12 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 50.6, MACD -0.121

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $2.64 (4.54%)

Weekly

EMA Structure

Bullish
EMA 8$61.1Bearish
EMA 21$58.84Bearish
EMA 50$55.05Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.6 · MACD -0.121

Neutral zone

Strength
Range
Volatility
ATR $2.64 · BB 30.84%

Medium volatility

Strength
Range
Volume
MFI 74.2 · OBV 22.45%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$46.12 - $65.2

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+16.74% · 3.7 ATR above latest close

$67.84
Nearest resistance

+12.2% · 2.7 ATR above · 34-bar high

$65.2
Current price

Price shown is delayed

$58.11
Nearest support

-20.64% · 4.5 ATR below · 34-bar low

$46.12
Deeper support zone

-25.19% · 5.5 ATR below latest close

$43.47
ATR zone

Latest close ± ATR14

$55.47 - $60.75

Indicators

Trend

Dow Theory Structure

Confirmation $65.2, invalidation $61.1

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

Trend strength is active

66.0 / 27.1 / 19.4Bullish
Supertrend (10,3)

Price is above Supertrend

$51.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$58.43 / $55.66Bearish
Donchian Channel (20)

20-period breakout channel position

55%Range

Volatility

ATR (14)

Medium volatility

$2.64 (4.54%)Range
Bollinger Bands (20,2)

Width 30.84%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$64.42 / $53.6Range
ATR channel lower / upper

Current Volatility Envelope

$55.47 / $60.75Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$65.2Range
Support

Nearest Downside Decision Level

$46.12Range

Momentum

RSI (14)

Neutral zone

50.6Range
MACD (12,26,9)

Histogram is negative

-0.121Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.1 / 62.0Bearish
Williams %R (14)

Neutral zone

-74.9Range
CCI (20)

Balanced zone

12.0Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

74.2Bullish
OBV slope

20-period OBV slope

22.45%Bullish
Volume ratio

Relative to 20-period average volume

0.83xBearish

Trend

Dow Theory Structure

Confirmation $65.2, invalidation $61.1

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

Trend strength is active

66.0 / 27.1 / 19.4Bullish
Supertrend (10,3)

Price is above Supertrend

$51.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$58.43 / $55.66Bearish
Donchian Channel (20)

20-period breakout channel position

55%Range

Momentum

RSI (14)

Neutral zone

50.6Range
MACD (12,26,9)

Histogram is negative

-0.121Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.1 / 62.0Bearish
Williams %R (14)

Neutral zone

-74.9Range
CCI (20)

Balanced zone

12.0Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Medium volatility

$2.64 (4.54%)Range
Bollinger Bands (20,2)

Width 30.84%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$64.42 / $53.6Range
ATR channel lower / upper

Current Volatility Envelope

$55.47 / $60.75Range

Volume / Money Flow

MFI (14)

Money flow is strong

74.2Bullish
OBV slope

20-period OBV slope

22.45%Bullish
Volume ratio

Relative to 20-period average volume

0.83xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$65.2Range
Support

Nearest Downside Decision Level

$46.12Range

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