US stock / ETF

Bank of America Corporation

BAC · NYSE · USD

1 weekBullish92%
Weekly Upside probability 92%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 $62.12.

Invalidation Trigger

Lose $46.12 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 69.3, MACD 0.976

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $2.68 (4.37%)

Weekly

EMA Structure

Bullish
EMA 8$57.48Bullish
EMA 21$54.65Bullish
EMA 50$52.01Bullish

Signals

CategoryReadStrength
Momentum
RSI 69.3 · MACD 0.976

Momentum is strong

Strength
Bullish
Volatility
ATR $2.68 · BB 31.62%

Medium volatility

Strength
Range
Volume
MFI 79.8 · OBV 19.22%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$46.12 - $62.12

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+5.75% · 1.3 ATR above latest close

$64.79
Nearest resistance

+1.38% · 0.3 ATR above · 34-bar high

$62.12
Current price

Price shown is delayed

$61.27
Nearest support

-24.73% · 5.7 ATR below · 34-bar low

$46.12
Deeper support zone

-29.1% · 6.7 ATR below latest close

$43.44
ATR zone

Latest close ± ATR14

$58.59 - $63.95

Indicators

Trend

Dow Theory Structure

Confirmation $55.4, invalidation $49.3

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

Trend strength is active

34.7 / 36.0 / 7.0Bullish
Supertrend (10,3)

Price is above Supertrend

$52.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$55.02 / $53.43Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Volatility

ATR (14)

Medium volatility

$2.68 (4.37%)Range
Bollinger Bands (20,2)

Width 31.62%

100%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$59.95 / $49.6Range
ATR channel lower / upper

Current Volatility Envelope

$58.59 / $63.95Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$62.12Range
Support

Nearest Downside Decision Level

$46.12Range

Momentum

RSI (14)

Momentum is strong

69.3Bullish
MACD (12,26,9)

Histogram is positive

0.976Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

93.4 / 93.2Bullish
Williams %R (14)

Overbought zone

-6.6Bearish
CCI (20)

Strong expansion

161.7Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

79.8Bullish
OBV slope

20-period OBV slope

19.22%Bullish
Volume ratio

Relative to 20-period average volume

1.11xBullish

Trend

Dow Theory Structure

Confirmation $55.4, invalidation $49.3

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

Trend strength is active

34.7 / 36.0 / 7.0Bullish
Supertrend (10,3)

Price is above Supertrend

$52.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$55.02 / $53.43Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Momentum

RSI (14)

Momentum is strong

69.3Bullish
MACD (12,26,9)

Histogram is positive

0.976Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

93.4 / 93.2Bullish
Williams %R (14)

Overbought zone

-6.6Bearish
CCI (20)

Strong expansion

161.7Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volatility

ATR (14)

Medium volatility

$2.68 (4.37%)Range
Bollinger Bands (20,2)

Width 31.62%

100%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$59.95 / $49.6Range
ATR channel lower / upper

Current Volatility Envelope

$58.59 / $63.95Range

Volume / Money Flow

MFI (14)

Money flow is strong

79.8Bullish
OBV slope

20-period OBV slope

19.22%Bullish
Volume ratio

Relative to 20-period average volume

1.11xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$62.12Range
Support

Nearest Downside Decision Level

$46.12Range

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