US stock / ETF

Bank of America Corporation

BAC · NYSE · USD

1 weekBearish76%
Weekly Downside probability 76%Bearish

BAC 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $56.09 and stabilize above resistance $65.2.

Invalidation Trigger

Break above $65.2 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 36.1, MACD -1.553

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $2.64 (5.18%)

Weekly

EMA Structure

Range
EMA 8$54.06Bearish
EMA 21$56.09Bearish
EMA 50$54.55Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.1 · MACD -1.553

Momentum is weak

Strength
Bearish
Volatility
ATR $2.64 · BB 29.63%

High volatility

Strength
Bearish
Volume
MFI 26.7 · OBV 5.08%

Relative to 20-period average volume

Strength
Range
Price Levels
$46.12 - $65.2

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+33.47% · 6.5 ATR above latest close

$67.84
Nearest resistance

+28.28% · 5.5 ATR above · 34-bar high

$65.2
Current price

Price shown is delayed

$50.83
Nearest support

-9.27% · 1.8 ATR below · 34-bar low

$46.12
Deeper support zone

-14.45% · 2.8 ATR below latest close

$43.48
ATR zone

Latest close ± ATR14

$48.19 - $53.46

Indicators

Trend

Dow Theory Structure

Confirmation $49.26, invalidation $63.83

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

Trend strength is active

52.8 / 10.1 / 38.9Bearish
Supertrend (10,3)

Price is above Supertrend

$42.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.89 / $55.66Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Volatility

ATR (14)

High volatility

$2.64 (5.18%)Bearish
Bollinger Bands (20,2)

Width 29.63%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$61.6 / $50.56Bearish
ATR channel lower / upper

Current Volatility Envelope

$48.19 / $53.46Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$65.2Range
Support

Nearest Downside Decision Level

$46.12Range

Momentum

RSI (14)

Momentum is weak

36.1Bearish
MACD (12,26,9)

Histogram is negative

-1.553Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.8 / 10.1Bearish
Williams %R (14)

Oversold zone

-90.2Bullish
CCI (20)

Weak expansion

-143.6Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

26.7Bearish
OBV slope

20-period OBV slope

5.08%Bullish
Volume ratio

Relative to 20-period average volume

0.20xBearish

Trend

Dow Theory Structure

Confirmation $49.26, invalidation $63.83

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

Trend strength is active

52.8 / 10.1 / 38.9Bearish
Supertrend (10,3)

Price is above Supertrend

$42.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$56.89 / $55.66Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Momentum

RSI (14)

Momentum is weak

36.1Bearish
MACD (12,26,9)

Histogram is negative

-1.553Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.8 / 10.1Bearish
Williams %R (14)

Oversold zone

-90.2Bullish
CCI (20)

Weak expansion

-143.6Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volatility

ATR (14)

High volatility

$2.64 (5.18%)Bearish
Bollinger Bands (20,2)

Width 29.63%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$61.6 / $50.56Bearish
ATR channel lower / upper

Current Volatility Envelope

$48.19 / $53.46Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

26.7Bearish
OBV slope

20-period OBV slope

5.08%Bullish
Volume ratio

Relative to 20-period average volume

0.20xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$65.2Range
Support

Nearest Downside Decision Level

$46.12Range

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