US stock / ETF

Bank of America Corporation

BAC · NYSE · USD

1 weekBearish64%
Weekly Downside probability 64%Bearish

BAC 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $57.75 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 40.2, MACD -1.153

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $2.62 (4.89%)

Weekly

EMA Structure

Range
EMA 8$57.51Bearish
EMA 21$57.75Bearish
EMA 50$54.99Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.2 · MACD -1.153

Momentum is weak

Strength
Bearish
Volatility
ATR $2.62 · BB 25.43%

Medium volatility

Strength
Range
Volume
MFI 49.8 · OBV 18.27%

Relative to 20-period average volume

Strength
Range
Price Levels
$46.12 - $65.2

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+26.71% · 5.5 ATR above latest close

$67.82
Nearest resistance

+21.82% · 4.5 ATR above · 34-bar high

$65.2
Current price

Price shown is delayed

$53.52
Nearest support

-13.84% · 2.8 ATR below · 34-bar low

$46.12
Deeper support zone

-18.72% · 3.8 ATR below latest close

$43.5
ATR zone

Latest close ± ATR14

$50.9 - $56.14

Indicators

Trend

Dow Theory Structure

Confirmation $63.83, invalidation $61.1

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

55.2 / 19.1 / 29.3Bearish
Supertrend (10,3)

Price is above Supertrend

$45.68Bullish
Ichimoku Cloud

Cloud Span A / Span B

$58.15 / $55.66Bearish
Donchian Channel (20)

20-period breakout channel position

20%Range

Volatility

ATR (14)

Medium volatility

$2.62 (4.89%)Range
Bollinger Bands (20,2)

Width 25.43%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$63.16 / $52.5Range
ATR channel lower / upper

Current Volatility Envelope

$50.9 / $56.14Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$65.2Range
Support

Nearest Downside Decision Level

$46.12Range

Momentum

RSI (14)

Momentum is weak

40.2Bearish
MACD (12,26,9)

Histogram is negative

-1.153Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.1 / 7.4Bearish
Williams %R (14)

Oversold zone

-94.9Bullish
CCI (20)

Weak expansion

-108.0Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.8Range
OBV slope

20-period OBV slope

18.27%Bullish
Volume ratio

Relative to 20-period average volume

0.54xBearish

Trend

Dow Theory Structure

Confirmation $63.83, invalidation $61.1

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

55.2 / 19.1 / 29.3Bearish
Supertrend (10,3)

Price is above Supertrend

$45.68Bullish
Ichimoku Cloud

Cloud Span A / Span B

$58.15 / $55.66Bearish
Donchian Channel (20)

20-period breakout channel position

20%Range

Momentum

RSI (14)

Momentum is weak

40.2Bearish
MACD (12,26,9)

Histogram is negative

-1.153Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.1 / 7.4Bearish
Williams %R (14)

Oversold zone

-94.9Bullish
CCI (20)

Weak expansion

-108.0Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Medium volatility

$2.62 (4.89%)Range
Bollinger Bands (20,2)

Width 25.43%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$63.16 / $52.5Range
ATR channel lower / upper

Current Volatility Envelope

$50.9 / $56.14Range

Volume / Money Flow

MFI (14)

Money flow is neutral

49.8Range
OBV slope

20-period OBV slope

18.27%Bullish
Volume ratio

Relative to 20-period average volume

0.54xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$65.2Range
Support

Nearest Downside Decision Level

$46.12Range

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